Category Archives: General Info
Incoming BP chief promises help for Gulf region ‘for years’
New Orleans, Louisiana (CNN) — Incoming BP CEO Bob Dudley sought to reassure jittery Gulf of Mexico residents Friday that the massive British corporation will not abandon them once the ruptured well responsible for the oil disaster has been permanently sealed. Dudley, currently the company’s managing director, stressed during a visit to Mississippi that BP has made a “long-term commitment” to the region. “We’ll be here for years,” he said. [...]
Read More »Robert Dudley’s biggest challenge at BP Plc will be to ensure the London-based company’s survival in the U.S., where it’s the largest oil and gas producer. Dudley, poised to become the first American head of the former U.K. state oil company, will need to convince politicians BP should be allowed to keep drilling in the U.S. after a runaway well in the Gulf of Mexico caused the country’s worst oil [...]
Read More »HOUSTON — As Tropical Depression Bonnie dissipated to a mere area of low pressure over the Gulf of Mexico on Saturday, a drilling rig and about a dozen other ships working to repair the crippled Macondo oil well reversed course and began heading back to the well site. Workmen scrambled on Friday to pack up their gear and to move out of the storm’s projected path, after BP and the [...]
Read More »The value of one highly touted facet of the Gulf of Mexico oil spill cleanup – the small navy of vessels skimming oil from the surface – has proven all but impossible to measure, which could make it difficult to figure out how much damage BP is liable for when the gusher is finally stopped. BP and the federal government admit they have no idea how much oil has been [...]
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