July 7th, 2010
01:26 PM ET

Alaska pipeline CEO to resign, sources report

The head of the company that operates the Trans-Alaska Pipeline is expected to announce his resignation Wednesday after criticism by a congressional committee and the internal watchdog unit of majority owner BP, CNN has learned.

The resignation of Kevin Hostler, a former BP executive, will take effect at the end of September, a senior federal government source and another source with knowledge of the matter told CNN.

Hostler is the chief executive officer of Alyeska, the BP-dominated consortium that operates the 800-mile pipeline. Alyeska did not immediately respond to a request for comment.

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  1. BreakingNewsBlog.us

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    journalists and journals STILL want and publish scoops?????
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    AMAZING SCOOP: see the new update of my article with the VIDEO, the REAL image, the model (GXP 2500) the link to the manufacturer's website and the detailed dimensions and specs of the giant idraulic SHEARS used by BP to CUT the 21" strong oil riser "like a piece of butter" and that (with an EASY and QUICK modification) would allowed BP to STOP the oil spill from the EARLY DAYS of May!!!
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    ghostnasa.com/posts2/070oilspillsolution.html
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    July 7, 2010 at 1:55 pm | Report abuse |