BP Complaints

BP’s CEO hearing rhetorical broadsides in Congress
Chastened by heavy criticism from lawmakers, a grim-faced BP chief executive Tony Hayward said Thursday he was “deeply sorry” for his company’s catastrophic oil spill in the Gulf of Mexico.
Read more on San Diego Union-Tribune

How BP’s Escrow Account Will Work
As Bryan noted, one of the fruits of President Obama’s meeting with BP officials today is the announcement that the company will sink billion into an escrow account that will be used to pay out costs associated with the Deepwater Horizon disaster. BP will fund the account in installments over the next three and […]
Read more on Swampland

Sleeping with the Enemy: BP’s Deals with Iran
The corporation in the hot seat over the Gulf of Mexico spill could also face U.S. heat over its joint ventures with Iranian energy companies
Read more on Time.com via Yahoo! News

EMERGENCY.louisiana.gov

BP’s Gulf oil spill costs now at .6 billion
NEW ORLEANS (AP) – BP’s costs for responding to the massive oil spill in the Gulf of Mexico have risen to .6 billion. According to a company news release, that includes new million grants the British oil giant has given to Florida, Alabama and Mississippi.
Read more on WXVT 15 Greenville

Video: 3rd Party Sought to Oversee BP’s Payment
President Obama will head back to the coast and the administration has given BP just one week to come up with a better plan to stem the flow. Admiral Thad Allen of the Coast Guard spoke with Bob Schieffer on this and how BP’s payment for damages will be administered.
Read more on CBS News

BP’s failures on the Gulf made worse by PR woes
BP is already fighting an oil gusher it can’t contain and watching its mighty market value wither away. Its own bumbling public-relations efforts are making a big mess worse.
Read more on Provo Daily Herald

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Gulf oil spill: Why BP’s cap success is turning sour
Recent days have portrayed BP as a company struggling to deal even with its own successes.
Read more on The Christian Science Monitor via Yahoo! News

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BP’s Spill Contingency Plans Vastly Inadequate
Associated Press Review of 582-Page Regional Spill Plan from 2009 Shows Dramatic Shortcomings, Poor Research
Read more on CBS News

(AFX UK Focus) 2010-06-08 03:09 UPDATE 1-Obama forcefully defends handling of BP’s spill
WASHINGTON, June 7 (Reuters) – In his angriest words yet after being widely criticized for his response to the Gulf oil spill, U.S. President Barack Obama on Monday said he was talking to experts because he wants to know “whose ass to kick.” “I don’t sit around just talking to experts because this is a college seminar. We talk to these folks because they potentially have the best answer so I …
Read more on Interactive Investor