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Edition: U.S. Article Comments (0) Video Email Print Reprints Read Tea Party Republican has big lead in Florida 4:27pm EDT FEATURE-Gold fever strikes mom and pop prospectors in US West 7:00am EDT Republicans take stock after Tea Party stunner 4:28pm EDT Popularity can come at a price: getting flu first 14 Sep 2010 Japan intervenes to drag down yen, warns of more | Video 2:44pm EDT Shared Walking helps keep body and brain young 13 Sep 2010 Special Report: Blue-collar, unemployed and seeing red | Video 12:57pm EDT Twitter remakes website, adds new features 14 Sep 2010 Soros warns on gold rally, says nothing safe | Video 2:58pm EDT B vitamins found to slow progression of dementia 09 Sep 2010 Watched Soros: Gold "not safe" 9:46am EDT Melting glaciers expose artifacts Tue, Sep 14 2010 Gaga crowned; Oprah's big trip Mon, Sep 13 2010 NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. The Green Gauge Leaders and losers Which companies win and who loses out for their impact on the environment this month? ASSET4 brings you this rundown of winners and losers in green business headlines. Full Article More from The Green Gauge BP CEO defends BP safety record under MP grilling Tweet This Share on LinkedIn Share on Facebook Related News BP cited for North Sea safety failings - reports 3:24am EDT BP E&P boss Inglis to step down from Russian unit Sat, Sep 11 2010 Analysis: BP report boosts legal case, hits political goals Thu, Sep 9 2010 British MPs to grill BP CEO Hayward Thu, Sep 9 2010 BP points fingers in oil spill blame game Wed, Sep 8 2010 Related Topics World » Green Business » COP15 » Related Video BP's Hayward before UK parliament 1:14pm EDT BP chief executive Tony Hayward poses for the media outside BP's headquarters in London July 27, 2010. Credit: Reuters/Toby Melville By Tom Bergin and Dan Fineren LONDON | Wed Sep 15, 2010 2:53pm EDT LONDON (Reuters) - BP Chief Executive Tony Hayward defended the oil giant's safety culture under a grilling from British members of parliament as UK regulators released dozens of documents questioning the company's record. Cost cuts were not behind the Gulf of Mexico oil spill, and the accident highlighted industry failings rather than flaws particular to BP, Hayward told a UK parliamentary committee on Wednesday "It's been easy for some parties to suggest that this is a problem with BP. I emphatically do not believe that that is the case," Hayward told the Energy and Climate Change Committee. Hayward denied that there was any underlying link between the Deepwater Horizon rig blast in April, which led to the United States' worst ever oil spill, and previous safety lapses at BP such as a 2005 refinery blast that killed 15 workers. "It's very dangerous to join up dots that may not be appropriate to join up," he said. Hayward said rivals such as Royal Dutch Shell Plc and Exxon Mobil criticized the way BP designed and drilled the well because they were motivated to do so by the political climate in the United States at the time. Exxon denied this and said it believed that BP's choice of well design, the type of cement used -- which BP acknowledged contributed to the rig blast -- and BP's failure to conduct a common safety check, were key mistakes. "This was a deviation from standard industry practice," a spokesman said. BP capped its blown out well on July 15 and is preparing to seal it permanently. Analysts said they had expected BP to take a tougher legal and public stance against opponents after the well was killed. SAFETY CITATIONS Britain's safety regulator released documents on Wednesday that showed it found, just three months before the Gulf of Mexico rig blast, that BP lacked a clear chain of command for dealing with a loss of well control on a North Sea oil rig. Health and Safety Executive (HSE) inspectors visiting the Magnus platform 160km northeast of the Shetland Islands in late January discovered there was confusion about who would order a well shut-off in the event of a blow-out. "Baker Atlas personnel stated that in the event of a well control incident requiring the well to be closed in, that BP would make this decision," the HSE said, referring to a unit of oil services provider Baker Hughes. "The BP well services supervisor expected that Baker Atlas would make this decision," the HSE added in the letter to BP. The Deepwater Horizon blast followed a loss of well control and survivors told investigators that there was confusion on board the rig about who was in charge following the incident. The HSE added in one letter that on a BP's Clair platform there was "evidence of a culture among your contractors, Seawell (up to senior levels of management), of working outside of procedures, permit or permit conditions." BP, whose safety culture has been criticized heavily by U.S. politicians, responded by saying: "The letter from the HSE last year relates to comments made by a contractor which the safety representatives on the platform strongly felt did not reflect the reality of the platform's safety culture and practices." "Following further engagement with the HSE the matter was closed," BP added. Stavanger-based Seawell's chairman, Joergen Rasmussen, said he was surprised by the HSE comments. BP also failed to provide adequate safety training to North Sea staff and to conduct adequate oil spill response exercises, the Department of Energy and Climate Change said in separate documents, although the department said the matters had since been addressed. GENTLE GRILLING Hayward got less confrontational treatment from the committee than he received from a U.S. congressional committee, which interrogated him for several hours. The committee chairman, Conservative party MP Tim Yeo, quizzed Hayward about whether he had been pressured by the White House into cutting BP's dividend and whether the U.S. government and media had treated him fairly. President Barack Obama's popularity in the UK has been hit by what many Britons consider as Washington's anti-British attacks on BP. Hayward refused to offer a view on whether the criticism he received was fair and denied it was pressure from the White House which forced BP to cut its dividend. Hayward steps down in two weeks to be replaced by Bob Dudley, who is running the oil spill response. Hayward said his own poor image in the U.S. made his position untenable. BP plans to drill in the deep water west of the Shetland islands in 2011, BP's North Sea boss, Bernard Looney, said. He said the rig which will likely drill the prospect would have a blow out preventer (BOP) with two shear rams, rather than just one, as the BOP on the Deepwater Horizon rig had. The failure of the BOP to operate and to slice through the drill pipe of the blown-out well is one of a series of failures that BP said caused the disaster. BP's shares closed down 2.7 percent at 404 pence, lagging a 1.0 percent drop in the STOXX Europe 600 Oil and Gas index. (Reporting by Tom Bergin and Dan Fineren; Editing by Louise Heavens and Robert MacMillan) World Green Business COP15 Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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