BP (BP) interim Chair Ian Tyler is considering entering the race to become the company's permanent chair, six weeks after Albert Manifold's ousting, Sky News reported Monday.

It was unclear Monday whether Tyler had formally put himself forward as part of the recruitment process being overseen by Senior Independent Director Dame Amanda Blanc, according to the report.

A BP spokesperson told MT Newswires, "The board is undertaking a comprehensive search process. BP will not be providing a running commentary."

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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