BP (NYSE: BP) may have survived the Gulf coast oil spill but the company is undergoing a major change. The company’s long time name is likely to change. The company is already cleaning out top level management with CEO Tony Hayward expected to lose his position. Top level management will be dismissed due to the poor handling of the oil crisis. The next thing to likely go away is the BP name. BP has to change the company name in order to move forward. The new name will be familiar to old customers, Amoco.

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