- CNTV English - CCTV News

Studio discussion: Will new CEO restore BP's reputation?

07-28-2010 14:09 BJT

Background: BP has announced that Tony Hayward will step down as the company's CEO, after wide criticism of his handling of the Gulf of Mexico oil spill. American Bob Dudley is set to take the CEO role in October. Full story >>

Watch Video

Play Video

For more analysis, joining us again is Andrew Leckey from Arizona State University.

1. Can we say that Hayward became the sacrificial lamb, aiming at preserving BP's image in the U.S. To what extent will the appointment of new CEO help restore the oil giant's reputation?

2. BP posted a massive quarterly loss due to costs stemming from the Gulf of Mexico oil disaster. So will the oil spill have a far-reaching impact on the oil firm's earning and financial conditions?

3. And in the wake of BP's huge financial losses, the company has launched a radical shakeup, including plans to sell some assets as well as appoint a new CEO. To what extent will the oil spills alter the way the company does business?

Editor:Xiong Qu |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program