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Environmentalists and the white house. one of the big mistakes bp made and many companies make is they put one person in charge of everything. there s no question we re going to learn a lot from this accident in the gulf coast. reporter: by july, hayward was on the way out. bob dudley was promoted to ceo later that year. a new ceo helped take off some of the heat coming from capitol hill and the white house. what about safety and risk management? in a video just launched on bp s website, dudley details how bp has restructured. looking to the future, it also explains the changes we re making in bp today to put safety and risk management at the heart of everything we do. reporter: another big change? bp the oil giant is just a bit smaller as it sells $30 billion worth of assets as part of putting $41 billion aside to pay for the gulf disaster. bp does have plans, of course, to grow again. ....
there s very, very slow growth. it s deliberately very slow growth because they don t want to get caught in sort of the position where they re saying, look, you re starting to cut corners again. they have to be the ultimate in terms of caution, i think, going forward. reporter: for long-term growth, bp is refocusing in certain areas. deepwater deals were struck off china, australia and brazil. onshore deals in indonesia and india. and in early january of this year, an announcement that bp would swap equity with russia s largest state-controlled energy firm to explore the deep waters of the russian arctic, the first private oil company to shop shares with a state-controlled oil company. but if dudley hoped this would help bp move on from the gulf disaster, it hasn t. bp is now mired in a legal battle with its russian partners ....
At the heart of everything we do. reporter: another big change. bp the oil giant is just a bit smaller as it sells $30 billion worth of assets as part of putting $41 billion aside to pay for the gulf disaster. bp does have plans, of course, to grow again. it s very, very slow growth and deliberately very, very slow growth because they don t want to get caught in sort of a position where they re saying, look, you re starting to cut corners again. they have to be the ultimate in items of caution. i think going forward. reporter: for long-term growth bp is refocusing in certain area. deep water deals were struck off china, australia and brazil. on shore deals in indonesia and india. and in early january of this year, an announcement that bp would swap equity with russia s ....
The good news is a lot of the oil has evaporated and disbursed and it s looking like it s not as quite the environmental disaster for the ecosystem as people thought. but the pockets of louisiana are in awful shape right now and bp should be staying on that, as should the federal government. doug and billy, we re going to ask you to stick around. we ll talk a little bit more about that money after the break. later, bp s man in charge of paying out the damage claims. he says we should look at what is half full in the glass. some people trying to get compensation for that say they no, that glass is completely empty. how did an air traffic controller put the first lady s flight on a course that calls for last-minute evasive action when 360 continues from the gulf. [ male announcer ] in 2011, at&t is at work, ....
House last year stays bottled up in congress. meanwhile, his agency has approved 11 deep water drills and permits since february. 17 more are pending and new poll polling shows that 69% of americans want drilling. what nobody wants is another tragedy like the one that took 11 lives last year. that s what brings us here tonight. so there s clearly a lot left undone a year after the disaster. there s much that may not get done any time soon. before we bring our guests in, who are passionate about the region and unique way of life and also what steps need to be taken to move forward, let s begin by taking you back to day one. it began with a powerful explosion less than 24 hours ago. helicopters and ships are searching the waters off of venice, louisiana, for 11 people who are missing after the blast. federal authorities tell cnn so far there has been no report of any oil spill. at first it seemed like a story about trying to find those people, rescuing those people and dealing with t ....