BP plans to create a new safety division in the aftermath of this summer’s oil spill disaster in the Gulf of Mexico, CNN reported this week. The “powerful new unit” will have the authority to intervene in all aspects of BP’s technical activities, according to the company. The safety division is one of the new…

BP’s has instituted a new Gulf Coast Restoration Organization, set to manage the company’s long-term response to the Deepwater Horizon incident and the MC252 oil and gas spill. Effective immediately, Bob Dudley has been appointed president and CEO of BP’s new Gulf Coast Restoration Organization, and will report to Tony Hayward, BP’s Group Chief Executive. The…