Archive for September, 2010

Feds plan more sea turtle releases in Gulf

Federal officials say they’re stepping up plans to release sea turtles that were stranded and rescued during the BP PLC Gulf oil spill and study how they’ve been affected. bp – AOL News

Stocks Stage Solid Gains

[BRIEFING.COM] Stocks edged their way higher through the first half of the session, but they lost direction in afternoon trade. The major averages still settled with solid gains, though. bp – AOL News

Gulf oil dilemma: accept payout from BP or sue

Alabama seafood market owner David Scott faces a difficult decision as he tries to rejuvenate his business after the Gulf oil spill: He can accept a piece of BP’s billion claims fund _ relatively fast, easy money _ or sue the oil giant for a bigger payday, wait years and risk ending up with nothing. [...]

BP Investigator: 8 failures led to disaster

The lead BP PLC investigator is saying that eight separate failures had to occur for the company’s deepwater well to unleash the largest offshore oil spill in history. bp – AOL News

BP spreads blame for Gulf spill

BP says a “sequence of failures” involving “multiple companies” led to the explosion and fire that killed 11 people and caused a massive Gulf of Mexico oil spill. bp – AOL News

Analysts: BP report supports case, buoys investors

BP took a step Wednesday towards reassuring investors that it wasn’t solely to blame for the Gulf oil spill _ and that it won’t have to foot the entire cost. bp – AOL News

BP report blames itself, others for oil spill

BP took some of the blame for the Gulf oil disaster in an internal report issued Wednesday, acknowledging among other things that it misinterpreted a key pressure test of the well. But in a possible preview of its legal strategy, it also pointed the finger at its partners on the doomed rig. bp – AOL [...]

Greenpeace: BP report means deep drilling must end

Greenpeace has criticized BP PLC’s internal report on the Gulf of Mexico oil disaster as “a sorry attempt to spread the blame,” and says the only way to avoid future catastrophic oil spills is to ban deepwater drilling. bp – AOL News

BP spreads blame for Gulf spill

BP says a “sequence of failures” involving “multiple companies” led to the explosion and fire that killed 11 people and caused a massive Gulf of Mexico oil spill. bp – AOL News

BP shares open lower ahead of Gulf report

Shares in BP have opened lower in London, hours before the company releases its internal report on the disastrous oil spill in the Gulf of Mexico. bp – AOL News

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