News of Lord Browne's pay deal come months ahead of his early departure from the company.
Lord Browne said the sector needed stronger government regulation to prevent any bad practice.
Lord Browne said supporters of such an act wanted a privileged position for Irish speakers.
Lord Browne's review of student finance in England is due to report in October.
It would instead await the findings of Lord Browne's independent review of student funding.
Next week Lord Browne, a former head of BP, will produce a report on university funding.
Lord Browne, the former chief executive of BP, is urging companies to do more to end discrimination against homosexuals.
But Lord Browne focused too much on the soft furnishings and too little on the foundations.
Just over five years ago, Lord Browne quit as BP's chief executive in painful and humiliating circumstances.
In such circumstances, keeping his private life secret would have been vital to Lord Browne's effectiveness as a businessman.
Lord Browne told a conference in Oxford the US would be "completely independent of imported oil, probably by 2030".
Lord Browne of Laydton pledged Labour's support for the bill "to the extent it seeks to reform our outdated libel laws".
Lord Browne said the group had "done an extraordinary service for humanity".
Lord Browne of Belmont, a DUP member of the Assembly, said he found the opposition of the UUP to be "frankly baffling".
Watch part one of the debate, including Lord Browne's speech, here.
Opposition spokesman Lord Browne of Ladyton described the Scotland Bill as a "good" piece of legislation which would devolve further powers to Holyrood.
Though the "Beyond Petroleum" rhetoric of BP's former chief, Lord Browne of Madingley, has been shelved, Mr. Dudley does not dismiss climate worries.
WSJ: The Weekend Interview with Bob Dudley: Three Years After the Spill, BP Gets Bullish
The Mail on Sunday said that it was Lord Browne who had "made his private life a public issue" by lying in court.
However, Lord Browne warned it was not certain that the second six months would be as profitable as the first half of 2005.
By the time he departed, Lord Browne had become as well known for his celebrity friends and political connections as for his business successes.
When Lord Browne resigned, having lied to a UK court about his relationship with a male escort, no-one was surprised that Mr Hayward took over.
On March 15th Lord Browne, a former head of BP, a big oil company, published the interim results of a review into financing higher education.
Shares in BP barely moved on news of Lord Browne's resignation.
Mr Hayward rose to become head of exploration and production, a key role in any oil company, and was long identified as Lord Browne's likely successor.
He was seen as a old-school oil man, happier having a beer with rig workers than, like Lord Browne, drinking fine wine with prime ministers and presidents.
Government adviser Lord Browne warned earlier this year that curbs on pay at the top echelons of the civil service were making it difficult to recruit "talented" staff.
BBC: Civil service pay: 57 fewer top earners than a year ago
On Wednesday the government is expected to publish its response to Lord Browne's report on university funding - which will set out the maximum level of tuition fees.
Last year, Lord Browne, former BP chief executive, abruptly quit after it came to light that he lied to a court about his affair with a young man.
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