UPDATE:Hundreds seek jobs, but BP’s not hiring in Miss.
BILOXI — A claims fair in Biloxi, Miss., drew hundreds of out-of-work residents hoping to file claims or get a job with BP. The fair was organized by a coalition of nonprofits and paid for with an ,000 grant from British Petroleum. Read more on Northeast Mississippi Daily Journal
Fifty days into the Gulf oil spill, officials still don’t have a firm answer on how much oil is escaping from the damaged well or how long it could continue. Jim Lehrer talks to environmental law professors Tracy Hester of the University of Houston and Noah Hall, of Wayne State University, about the legal ramifications of the spill for BP. Video Rating: 4 / 5
Recovery Effort Falls Short of BP’s Promises
Washington Post: In March Report to Regulators, Oil Co. Overstated Its Cleanup Capabilities in Event of Major Spill Read more on CBS News
BP’s latest attempt to stop the oil leak in the Gulf of Mexico has failed. Workers have been trying to pump cement – a method – known as Top Kill – into the breached well for 3 days. The next option will be an attempt to stem the flow using a containment valve. Engineers say the work will start within a week. Video Rating: 0 / 5
Mississippi Man Charged With Repairing BP’s Image
Bob Dudley, a BP executive from Mississippi, has been picked to replace CEO Tony Hayward as the face of the company’s efforts to clean up the oil spill in the Gulf of Mexico. Dudley, who has spent much of his career abroad, has a relaxed style — and nowhere to go but up. Read more on NPR
Oil has entered the fast flowing Perdido Pass, AL Image by BP America
Why BP’s commitment to pay billion in Gulf spill is only a drop in a very large bucket
NEW YORK – BP holds enough oil in its reserves to single-handedly supply the United States for two years. It has little debt for a company of its size and makes more money than Apple and Google combined. Read more on Minneapolis-St. Paul Star Tribune
B a drop in BP’s bucket
NEW YORK — BP holds enough oil in its reserves to single-handedly supply the United States for two years. It has little debt for a company of its size and makes more money than Apple and Google combined. Read more on The Desert Sun
(AFX UK Focus) 2010-06-18 18:08 BP’s Hayward hands over daily Gulf operations-SkyTV
WASHINGTON, June 18 (Reuters) – BP Plc’s CEO Tony Hayward will hand over daily oversight of the oil giant’s response to the massive spill in the Gulf of Mexico, Sky TV reported on Friday, citing an interview with BP Chairman Carl-Henric Svanberg. Read more on Interactive Investor
BP’s got money aplenty for huge Gulf spill bill
Cleanup, fines and lawsuits stemming from the Gulf of Mexico oil spill are likely to cost BP tens of billions of dollars. Yet many investment analysts say the British oil giant can survive the crisis. Here’s a look at some of the costs BP faces, and a snapshot of its finances. Read more on ABC 26 New Orleans
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