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Latest Bp Plc Items
The oil spill that has forced thousands of Gulf fisherman off their boats has been especially cruel to those in the tight-knit Vietnamese community here who find themselves wrestling with cultural and language barriers even as they face the threat of financial disaster — just five years after surviving Hurricane Katrina.
Demonstrators have poured sticky black liquid around a statue in the British Museum to protest its sponsorship by BP PLC.
BP PLC said Monday that the cost of dealing with the oil spill in the Gulf of Mexico has risen to $3.5 billion, though its shares rallied on reports it may sell some assets.
The first of two relief wells is expected to intercept BP PLC's blown-out well in the Gulf of Mexico by the end of July and the leak could be plugged by early to mid-August, a BP executive said Sunday.
BP's costs for the disastrous Gulf of Mexico oil spill climbed nearly half a billion dollars in the past week, raising the oil giant's tab to just over $3 billion for work on cleaning and capping the gusher and payouts to individuals, businesses and governments.
The Coast Guard and the Environmental Protection Agency are tightening up their oversight of BP and its contractors cleaning up the mess on the oily Gulf Coast.
The tropical storm plowing across the far side of the Gulf of Mexico could send oil skimmers back to port and make containment booms useless, even from some 500 miles away. But the rough weather also might give nature a hand in breaking down crude from the massive oil spill.
Gov. Arnold Schwarzenegger has rejected a recommendation to parole a member of the Charles Manson family who was convicted of taking part in killings more than four decades ago.
BP's mounting costs for capping and cleaning up the Gulf of Mexico spill have reached $2.65 billion, the oil giant said Monday, but the company denied reports out of Russia that CEO Tony Hayward is resigning.