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BP CEO Tony Hayward to step into disfavor: report

BP chief Tony Hayward is expected to step down of the same kind with the company moves to restore its reputation following its US oil spill, The Times said.

The oil giant denied the report.

Sources shut to BP told The Times, in London, that Mr Hayward would set forth his departure in late August or September.

It was also reported that the oil cyclops, which continues to work on permanently fixing the ruptured Macondo well in the Gulf of Mexico, desire announce a new strategy — Future BP — later this year.

In a lie between report, news agency MSNB quoted BP spokesman Scott Dean as calling The Times report "not true".

Mr Hayward "scraps BP’s chief executive of the company" and is "highly much in charge," the spokesman was quoted as saying.

The Times also reported that one BP insider said it was common sense that Mr Hayward would consider to go so BP could shore up its defences against the denunciation of a buyout by ExxonMobil or Royal Dutch Shell.

BP related earlier this week it was studying the possibility of plugging the absorbed-water spill in by injecting mud from the surface into the cry of the well to stop one of the worst oil spills in US chronicle.