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Subsequently the company rushed the Deepwater Horizon well into production, ignoring danger signals especially related to the blowout preventer, which Tony Hayward now acknowledges must be totally redesigned.
FORBES
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Nissan says a bigger shift is on the horizon: it plans to move production of its two popular sport-utility vehicles to the U.S. The small Rogue crossover is scheduled to make the move this year, while the next generation of the Murano luxury SUV will follow when production is expected to begin in 2014.
WSJ: Weaker Yen Is Mixed Bag for Japan Auto Makers
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The BP Deepwater Horizon well was an exploratory rather than a production well, so the oil to be extracted from this was not planned on -- that was not planned to go online immediately.
WHITEHOUSE: Press Briefing
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But the question after the Deepwater Horizon accident is how all involved parties including exploration and production companies and drilling contractors can work even more closely together to better understand and significantly reduce the various risks associated with drilling operations.
WSJ: Tony Hayward: What BP Is Doing About the Gulf Gusher
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While more offshore drilling enjoyed bipartisan support just months ago, in the wake of the BP Deepwater Horizon disaster in the Gulf, the prospects for new offshore oil and gas production are uncertain.
FORBES: Does New Republican Bill Signal Bipartisan Support for Clean Energy Investment?