British oil giant BP does not believe itself to be wholly responsible for the Deepwater Horizon rig explosion on April 20 that triggered oil spill in the Gulf of Mexico.
Troubled BP is of the view that internal inquiry will bring out evidence that other oil companies and contractors on the project could have played a role in causing the oil spill.
BP is set to announce that it has cleared itself of gross negligence on the basis of an internal inquiry into the causes of disaster.
But, critics are still putting the blame for the disaster squarely on the British oil giant, accusing it of gross negligence and ignoring standard oil industry safety rules.
Meanwhile, rumours suggest that the board of BP is preparing to force chief executive Tony Hayward to leave as he has been criticized by both, the US Government as well as shareholders, for being negligent in wake of the explosion at the oil rig on April 20. Earlier, The Times reported that Robert Dudley, the chief executive officer of company’s Gulf Coast restoration unit, is the front-runner to replace Mr. Hayward.
However, BP denied reports about Mr. Hayward’s possible departure, saying the board has no plans to force the CEO to leave the company. A spokesman for the oil giant said that Mr. Hayward would continue as the chief of the company as he is enjoying full support from management and the board.
The company has already seen a fall of £46 billion in its market value since the severest environmental disaster in the US history took place on April 20.