BP Complaints

(AFX UK Focus) 2010-06-21 11:18 WRAPUP 2-BP estimates spill up to 100,000 bpd in document
By Tom Bergin and Ernest Scheyder
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(AFX UK Focus) 2010-06-19 18:32 BP says restarts shut oil containment system
HOUSTON, June 19 (Reuters) – BP Plc said its drillship oil containment system restarted early on Saturday after a 10-hour shutdown to fix a problem and let a storm pass. The company said in a statement that the system was restarted at 6:30 a.m. CDT (1130 GMT) “and has been building up to stable rates since.” (Reporting by Kristen Hays; Editing by Doina Chiacu) Keywords: OIL SPILL/CAP
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(AFX UK Focus) 2010-06-20 16:04 UPDATE 1-BP spill fund chief vows to pay claims quickly
WASHINGTON, June 20 (Reuters) – The independent administrator of the billion fund set up by British energy giant BP Plc to compensate victims of the Gulf of Mexico oil spill vowed on Sunday to make sure every eligible claim is quickly paid. Appearing on NBC’s “Meet the Press” program, administrator Kenneth Feinberg also rejected Republican U.S. Representative Joe Barton’s complaint last week …
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(AFX UK Focus) 2010-06-19 02:57 FACTBOX-Developments in the Gulf of Mexico oil spill
June 18 (Reuters) – Here are developments in the Gulf of Mexico oil spill, the largest in U.S. history:
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(AFX UK Focus) 2010-06-19 17:59 WRAPUP 2-U.S. Gulf Coast residents battle to clean up oil spill
By Jeffrey Jones
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(AFX UK Focus) 2010-06-19 21:28 White House criticizes BP CEO over yacht race
WASHINGTON, June 19 (Reuters) – The White House renewed its sharp criticism of BP Plc CEO Tony Hayward after he attended a yacht race off the English coast on Saturday as his company struggles to plug its huge Gulf of Mexico oil leak. “This has just been part of a long line of PR gaffes and mistakes,” White House Chief of Staff Rahm Emanuel said in an interview taped for ABC’s “This Week” week …
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(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.
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(AFX UK Focus) 2010-06-18 18:31 UPDATE 1-BP escrow account will pay claims fast – Feinberg
JACKSON, Miss., June 18 (Reuters) – A billion fund set up by energy giant BP Plc to compensate victims for financial losses due to the Gulf of Mexico oil spill will pay legitimate claims fast, the fund’s administrator said on Friday. The fund would use a “transparent methodology” and there will be prompt payment of new claims while emergency interim payments will continue, said administrator …
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(AFX UK Focus) 2010-06-16 20:23 CORRECTED-UPDATE 1-BP cuts dividend, capex, assets for oil spill fund
LONDON, June 16 (Reuters) – Oil giant BP said it would cut four quarters of dividends, significantly reduce its investment program and sell billion of assets to fund a planned billion fund to pay for its Gulf of Mexico oil spill. The commitments, outlined in a statement on Wednesday, are harsher penalties than most investors had expected and follow BP chairman Carl-Henric Svanberg’s …
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(AFX UK Focus) 2010-06-15 22:09 BP: Cap oil-collection system restarted after fire
HOUSTON, June 15 (Reuters) – BP Plc’s oil collection system on its gushing leak in the Gulf of Mexico has restarted after a fire prompted a shutdown for several hours, a company spokesman and a U.S. Coast Guard officer said. “I can confirm it has resumed operating,” U.S. Coast Guard Petty Officer Gina Ruoti said. A spokesman also confirmed the system had restarted. (Reporting by Kristen Hays and …
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