BP Repeats its Promise to Pay all Legitimate Claims

As the energy giant’s bid to contain the crude emerged to reach a turning point, BP Chief Executive Tony Hayward said he did not plan to give up the massive Gulf of Mexico oil spill.

There is a lot pressure on London-based BP from public and political segment to cover its gushing marine oil well and take complete liability of finances for the cleanup and harm caused to Gulf coast fisheries, wildlife and tourism.

When Hayward told struggling Gulf Coast residents last month that he would like his life back, he became a lightening rod of Americans’ anger. His statement is extensively seen as insensitive and the one which regenerated speculation that he might not survive the crisis.

After a warning from President Barack Obama, BP has repeated its promise to pay all legitimate claims resulting from the oil spill in the Gulf of Mexico. Also, it has been written by Hayward on Twitter that the firm has been committed since the start of the oil spill to paying all legitimate financial claims.

When Hayward was asked if he had thought of stepping down as head of BP due to the protest over the oil spill, he said: “It hasn't crossed my mind. It's clearly crossed other people's minds but not mine”. He also added that he understood entirely the frustration at the length of time it was taking to contain the well and the reaction is completely explicable when something like this happens.