Posted: Jun 28, 2010 7:05 AM by Andrea Fontenot
Source: Associated Press
Russia's state RIA Novosti news agency is quoting a senior Russian Cabinet official as saying that BP Chief Executive Tony Hayward is expected to resign, a report BP denied.
It quoted Deputy Prime Minister Igor Sechin as saying that Hayward "is leaving his post."
Sechin, who is set to meet with Hayward on Monday, said the BP chief would introduce his successor.
BP spokeswoman Carolyn Copland in London said the report "is definitely not correct."
Hayward was to assure officials of BP's viability and discuss issues related to Russian joint venture TNK-BP, which accounts for about a quarter of BP's reserves and production.