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BP Hits Six-Month High As Spill Claims Seen Lower – Wall Street Journal
Telegraph.co.uk BP Hits Six-Month High As Spill Claims Seen LowerWall Street JournalLONDON (Dow Jones)–Shares in UK-listed oil giant BP PLC (BP) rose to a six-month high Tuesday following reports that compensation payouts for the Gulf oil spill may be much lower than expected and lingering …Britain's FTSE surges back above 6000 levelReutersBP rallies on... »
BP won’t be first to restart Gulf operations – MarketWatch
The Guardian BP won't be first to restart Gulf operationsMarketWatchLONDON (MarketWatch) — British oil giant BP PLC remains committed to deepwater drilling in the Gulf of Mexico but will take a step back and review its equipment and procedures in the area before attempting to jump back in, …BP ups Gulf spill cost to... »
American expected to succeed Hayward will run BP from London – Houston Chronicle
Reuters American expected to succeed Hayward will run BP from LondonHouston ChronicleRobert Dudley, almost certain to succeed Tony Hayward as CEO of oil giant BP, will run the company from its London headquarters rather than from Houston, where he has resided since early May to oversee the Gulf oil …BP's Hayward to be offered... »
BP Readies New Plan to Contain Oil Leak – Wall Street Journal
Swissinfo BP Readies New Plan to Contain Oil LeakWall Street JournalA Navy airship lands in New Orleans on Thursday. The manned craft will provide logistical support for oil-spill response efforts. Oil giant BP PLC said it could start work on a new effort to contain the crude gushing from the leak in the …Hopes... »
BP Open to Abu Dhabi Stake – Wall Street Journal
Telegraph.co.uk BP Open to Abu Dhabi StakeWall Street JournalDUBAI—BP PLC's Chief Executive Tony Hayward met this week with Abu Dhabi's powerful Crown Prince Mohammed bin Zayed Al Nahyan and would be open to seeing the oil-rich sheikdom buy a stake of up to 10% stake in the UK oil giant, …BP Chief Hayward in... »
Rep. Barton under fire after apologizing to BP – Washington Post
CBS News Rep. Barton under fire after apologizing to BPWashington PostRep. Joe Barton, R-Texas, accused the White House of conducting a "$20 billion shakedown" by requiring oil giant BP to establish a fund to compensate those hurt by the Gulf Coast oil spill. By Aaron Blake Rep. Joe Barton (R-Tex. …BP 'shakedown' claim is... »
BP Chief to Express Contrition to House Panel – New York Times
The Guardian BP Chief to Express Contrition to House PanelNew York TimesWASHINGTON — BP's embattled chief executive, Tony Hayward, prepared to tell Congress on Thursday that he was “deeply sorry” for the oil disaster in the Gulf of Mexico, seeking to demonstrate that he and the oil giant …BP Chief Hayward Set to Testify... »
BP Shares Surge After $20B Oil Spill Fund Deal – Wall Street Journal
The Hindu BP Shares Surge After $20B Oil Spill Fund DealWall Street JournalLONDON (Dow Jones)–Shares in UK-listed oil giant BP PLC (BP.LN) jumped as much as 9.8% in London Thursday morning after the company struck a deal with the Obama administration a day earlier to set aside $20 billion to cover Gulf of Mexico... »
Coast Guard: BP must pick up pace – Detroit Free Press
NEWS.com.au Coast Guard: BP must pick up paceDetroit Free PressAP ORANGE BEACH, Ala. — With oil fouling the Gulf of Mexico coastline in ugly new ways Saturday, the Coast Guard is demanding that oil giant BP step up its efforts to contain the spill by the end of the weekend, saying BP's slow pace... »
Oil spill halves value of BP’s shares – msnbc.com
CBC.ca Oil spill halves value of BP's sharesmsnbc.comLONDON/VENICE, La. – The shares of oil giant BP Plc continued falling on Thursday on concerns about the costs the British company will face in the massive Gulf of Mexico oil spill. The shares opened trading in London 11 percent down before recovering …Obama'a day: Oil spills... »