Oil Spill Disaster
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Oil spill: BP CEO Tony Hayward 'relieved'
A day after he came under relentless attack at a Congressional hearing, BP chief executive Tony Hayward was displaced as the man in charge of the company's response to the spill. "It is clear Tony has made remarks that have upset people," Carl-Henric Svanberg, the chairman of BP's board of directors, told the British television network Sky Ne...
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Exact size of Gulf oil leak unknown: BP Chairman
BP's Chairman Carl-Henric Svanberg said in an interview broadcast on Thursday that the exact size of the oil leak from the company's well in the Gulf of Mexico is unknown.In an exclusive interview with Swedish Television, Svanberg said estimates were hard to determine exactly."What we have are these videos, and we have satellite pictures to look at...
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US oil spill: BP to pay $20 billion in damages
President Barack Obama says BP has agreed to set aside US$20 billion to pay victims of its Gulf of Mexico oil well blowout that has created the worst environmental calamity in American history.BP's chairman apologized for the spreading catastrophe, and said he was suspending the company's quarterly dividend as part of its commitment to the claims p...
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Up to 40,000-plus barrels per day pouring into Gulf: US
As much as 40,000-plus barrels of oil per day are pouring from BP's ruptured well in the Gulf of Mexico, a US official has said, more than doubling the previous government estimate."The lowest estimate that we're seeing that the scientists think is credible is probably about 20,000 barrels, and the highest that we're seeing is probably a little ove...
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Oil spill: BP CEO Tony Hayward 'relieved'
A day after he came under relentless attack at a Congressional hearing, BP chief executive Tony Hayward was displaced as the man in charge of the company's response to the spill. "It is clear Tony has made remarks that have upset people," Carl-Henric Svanberg, the chairman of BP's board of directors, told the British television network Sky Ne...
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Exact size of Gulf oil leak unknown: BP Chairman
BP's Chairman Carl-Henric Svanberg said in an interview broadcast on Thursday that the exact size of the oil leak from the company's well in the Gulf of Mexico is unknown.In an exclusive interview with Swedish Television, Svanberg said estimates were hard to determine exactly."What we have are these videos, and we have satellite pictures to look at...
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US oil spill: BP to pay $20 billion in damages
President Barack Obama says BP has agreed to set aside US$20 billion to pay victims of its Gulf of Mexico oil well blowout that has created the worst environmental calamity in American history.BP's chairman apologized for the spreading catastrophe, and said he was suspending the company's quarterly dividend as part of its commitment to the claims p...
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Up to 40,000-plus barrels per day pouring into Gulf: US
As much as 40,000-plus barrels of oil per day are pouring from BP's ruptured well in the Gulf of Mexico, a US official has said, more than doubling the previous government estimate."The lowest estimate that we're seeing that the scientists think is credible is probably about 20,000 barrels, and the highest that we're seeing is probably a little ove...
