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Washington was preparing a revised offshore oil drilling moratorium and cleanup efforts in the Gulf of Mexico returned to normal on Friday after hurricane Alex passed through the region without doing major damage.
BP denied its embattled chief executive was resigning as the first tropical storm to hit the Gulf of Mexico this year threatened to disrupt cleanup work on its massive oil spill, even from a distance.
The first named storm of the Atlantic hurricane season was on track on Saturday to reach the Gulf of Mexico within days, a potential threat to containment and cleanup of the worst ever US oil spill.
A day after its chief executive's widely panned appearance before Congress, BP said Friday that it would replace Tony Hayward as head of its oil-spill cleanup effort.
BP PLC Chief Executive Tony Hayward sought Friday to reassure investors about the fallout of the oil spill, saying the company has "considerable firepower" to cope with costs.