• BP Appoints Robert Dudley New CEO

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    From Marketwatch.com:

    BP’s new chief executive, Robert Dudley, is an industry veteran with wide-ranging qualifications, but it was his American passport as much as his in-depth knowledge of Russia and his green credentials that sealed the deal for the board.

    BP said Tuesday that, by mutual agreement, Tony Hayward will step down as group chief executive with effect from October 1 and he will be succeeded by fellow executive director Dudley.

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