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BP may finally have plugged the Gulf of Mexico oil leak, but the repercussions continue to overflow. The impact of the world's worst environmental disaster has spread far beyond America's southern coastline. Oil and gas producers worldwide will find doing business tougher and more expensive.

Hayward is leaving the company by mutual agreement with the BP board. BP Chairman, Carl-Henric Svanberg, said: "The BP board is deeply saddened to lose a CEO whose success over some three years in driving the performance of the company was so widely and deservedly admired.”