The White House blocked the release of federal agencies’ own worst-case estimates of how much oil was spilling into the Gulf of Mexico as the environmental disaster unfolded, according to critical interim reports from the presidential commission investigating the catastrophe
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All About Stock MarketTag Archive | "gulf of mexico"
Reports critical of White House response to BP
Posted on 07 October 2010.
Posted in Commodities, EnergyComments (0)
BP to cut assets in Gulf of Mexico
Posted on 02 October 2010.
BP is looking to reduce the number of operatorships it holds in the Gulf of Mexico as part of a move to cut its capital spending and rebalance its portfolio of assets in the wake of the Macondo oil spill
Posted in Commodities, EnergyComments (0)
BP pledges Gulf of Mexico oil fields to spill fund
Posted on 01 October 2010.
LONDON (Reuters) – BP, which faces U.S. opposition to drilling for oil in the Gulf of Mexico, named fields there that it will use to help finance its $20 billion fund for victims of the worst oil spill in U.S. history.
Posted in Stock market - EuropeComments (0)
BP puts up oil fields as collateral
Posted on 01 October 2010.
BP has put up seven of its Gulf of Mexico oil fields as collateral for the $20 billion escrow fund that it’s building to pay oil spill claimants, the company said Friday.
Posted in Stock Market, US Markets, US NewsComments (0)
BP signals dividend payment next year
Posted on 30 September 2010.
The new chief executive of BP sends the clearest signal yet that the UK oil group is on course to restore its dividend payments next year after suspending them in the wake of the Gulf of Mexico spill
Posted in Commodities, EnergyComments (0)
New BP CEO says hopes to restore dividend in 2011
Posted on 30 September 2010.
LONDON (Reuters) – Oil major BP Plc’s incoming Chief Executive Bob Dudley said he wanted to restore dividend payments next year, in line with previous guidance, as the company looks to put the Gulf of Mexico disaster behind it.
Posted in Stock market - EuropeComments (0)
BP revamp and safety unit aim to regain trust
Posted on 30 September 2010.
Unveiling a radical revamp of the oil company’s upstream division and the creation of a new safety unit, Bob Dudley vowed to “rebuild trust in BP” as he seeks to restore the company’s battered reputation in the wake of the Gulf of Mexico spill
Posted in Commodities, EnergyComments (0)
BP creating new safety unit in restructuring
Posted on 29 September 2010.
LONDON (Reuters) – BP said it was to fundamentally restructure itself in the wake of the Gulf of Mexico spill, creating a new safety unit, reviewing incentives it offers managers, and splitting up its core upstream unit.
Posted in Stock market - EuropeComments (0)
BP plans a return to the capital markets
Posted on 28 September 2010.
Oil group planning to sell $2bn-$3bn in new bonds in a move that marks a return to “business as usual” following the sealing of the oil leak in the Gulf of Mexico
Posted in Commodities, EnergyComments (0)
BP plans return to capital markets
Posted on 28 September 2010.
Oil group planning to sell $2bn-$3bn in new bonds in a move that marks a return to “business as usual” following the sealing of the oil leak in the Gulf of Mexico
Posted in Commodities, EnergyComments (0)
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