It's rumored that Robert Dudley, a BP board member and part of the executive management team, will take over the CEO spot. He's an American, from the Gulf Coast even, but will that make a difference?
Learning from the BP spill, Exxon Mobil, Shell, Chevron and ConocoPhillips are committing a quarter of a billion dollars each to construct a rapid response unit that could quickly move in place to collect leaking oil.
Investors are cheered by the fact the British oil giant's temporary cap is holding for now on that leaking oil well in the Gulf of Mexico. How is that going to bode for business going forward?