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BP names first American CEO as it posts 17B quarterly loss
BP confirms Robert Dudley will become chief executive as Tony Hayward steps down on Oct 1. The company reports a record 17 billion dollar quarterly loss and sets aside 32.2 billion for spill costs. BP also plans 30 billion dollars in asset sales to cover potential claims.
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New Orleans
Gulf
Robert Dudley
BP PLC
Tony Hayward
Pany
U.S
New York