BP

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BP Faces Problems over Fuels Takeover Speculation

BP Faces Problems over Fuels Takeover Speculation

The failure of BP to control the leakage of millions of gallons of crude oil into the Gulf of Mexico may leave the biggest oil and gas producer in the U. S in a fight to stay independent.

Incompetency or a Lie; Either Way, Catastrophic Results

Incompetency or a Lie; Either Way, Catastrophic Results

It is being pointed out that BP knew the initial estimates of oil gushing into the Gulf of Mexico from the site of the Deepwater Horizon drilling rig were larger than what they were publicly stating was the flow.

Dudley Appointed Head of Disaster Management

Robert Dudley

The Sunday Times reports, Robert Dudley as head of a new disaster management unit.

Dudley, former head of the TNK-BP Russian joint venture, was appointed managing director by the BP PLC (BP, BP. LN), this week.

Residents at Gulf Coast Struggle from Oil Leak

Residents at Gulf Coast Struggle from Oil Leak

The oil-stained Gulf Coast has indeed promised to be like no other, in this summer! Slimed with goo from the Gulf gusher, a beach, just off Louisiana on Grand Isle, opened to celebrate Memorial Day weekend, but with various admonitions.

BP Releases Internal Report

BP Releases Internal Report

An internal investigation done by BP has revealed that the Deepwater Horizon fire and oil spill was due to the failure of various processes, systems and equipment. BP is already under a lot of pressure and will have to billions of dollars in claims.

BP Chief Raises Doubts over New Effort to Cap Leak

BP Chief Raises Doubts over New Effort to Cap Leak

BP PLC's Chief Executive expressed is angry towards the company for failing to stop an oil leak in the U. S. Gulf of Mexico, warning an attempt to do so initiating next week could fail.

Hairs Used as Oil Cleanups in Gulfs

Hairs Used as Oil Cleanups in Gulfs

Hair salons and dog groomers in Spartanburg are participating in a grassroots project started by California based Matter of Trust, which collects hair to stuff in nylon hosepipes to serve as booms or mats to soak up oil. These act as a barrier for oil and prevent it from spreading.

EPA Authorize Use of Undersea Dispersants for Oil Leak

EPA Authorize Use of Undersea Dispersants for Oil Leak

The Coast Guard and the Environmental Protection Agency has intended a new strategy on Saturday against the enormous oil spill in the Gulf of Mexico, allowing BP to make use of oil dispersants.

Oil dispersants are compounds, which can split the oil down into tiny drops and stop it from getting to the surface or the shore.

BP Slips in Its Bid to Contain Oil Spill

BP Slips in Its Bid to Contain Oil Spill

In what has put a question mark over its efficacy, the big box that BP hoped would be its savior sat idle hundreds of feet away encased in ice crystals even as a massive oil leak spit thousands of gallons more crude into the Gulf of Mexico.

Will Clean-up Make the BP Oil Spill Any Worse?

Will Clean-up Make the BP Oil Spill Any Worse?

No less than half an inch of oil roofed the sea when Dennis Kelso's boat, which was stacked with a few newly dead birds, pushed up against the side of the Exxon Valdez on Friday, March 24, 1989.

Kelso, the Head of Alaska's Department of Environmental Conservation said that at the beginning, oil was literally boiling out of the tanker.

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