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Tony Hayward, criticised over handling of Gulf of Mexico leak, will step down in October.
Chief executive could be moved to a new job with a pay-off worth about $18.5m.
Chief executive Tony Hayward reported to be negotiating terms of departure from oil firm.
Crews move back to Gulf of Mexico oil site as storm threat subsides.
Relief well operations stopped and vessels called to shore as tropical storm approaches.
BP has yet to decide if it will un-cap the well and bring ships back to land.
US officials say seepage detected near oil cap is coming from other wells.
Twenty-four hours of more tests authorised after reported seepage near BP well.
Twenty-four hours of more tests authorised after reported seepage near BP well.
US government orders plan on reopening cap after engineers detect "anomalies".
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Featured on Al Jazeera
UNHCR says hundreds of people trapped in Yaloke town risk death if they are not evacuated to safety urgently.
'Justice for All' demonstrations swell across the US over the deaths of African Americans in police encounters.
Six former Guantanamo detainees are now free in Uruguay with some hailing the decision to grant them asylum.
Disproportionately high number of Aboriginal people in prison highlights inequality and marginalisation, critics say.
 
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