VOICED: BP chief steps down amid massive losses

BP reported a $17 billion quarterly loss, largely due to the $32.2 billion set aside for the Gulf of Mexico oil disaster. CEO Tony Hayward resigned, replaced by Bob Dudley. BP plans to sell $30 billion in assets. Despite the loss, analysts believe BP's core business remains strong. Environmental groups, like Greenpeace, are pressuring BP to adopt greener policies. BP faces ongoing challenges, including ensuring oil well safety and potential fines for negligence.

What was the primary reason for BP's $17 billion quarterly loss?

• The Gulf of Mexico oil disaster

• A decline in oil prices

• New environmental regulations

• Increased competition

Who replaced Tony Hayward as BP's CEO?

• David Jones

• Bob Dudley

• John Smith

• Michael Brown

What action did Greenpeace take in response to BP's situation?

• Filed a lawsuit against BP

• Launched a social media campaign

• Organized a protest march

• Brought business to a halt at filling stations

What do environmental activists believe BP should focus on?

• Reducing operational costs

• Expanding into new markets

• Investing in renewable energy

• Increasing oil production

What potential consequence does BP face if found guilty of gross negligence?

• A decrease in stock prices

• Substantial fines

• Loss of market share

• A ban on future oil drilling