Will Obama take the plunge in Gulf of Mexico? The Associated Press The head of the US Travel Association has proposed that BP, responsible for the oil spill, set aside 0 million for a marketing campaign to help draw … Corexit: 5 Questions About Chemical Dispersant AnsweredAOL News Dispersants Harm Gulf Spill Workerstruthout Seafood Safety and Politics Don't Mix: Opening of Gulf Fisheries at Odds With …Huffington Post (blog) Center for Research on Globalization –In These Times –Technorati (blog) all 29 news articles »
BP shares plunge near 14-year low on liabilities
AFP – Shares in BP crashed close to a 14-year low point on Friday after the group ramped up the costs so far of its oil spill crisis in the Gulf of Mexico to 2.35 billion dollars (1.9 billion euros). Read more on Yahoo! Green
BP shares plunge
LONDON – BP’S SHARE price dived under 300 pence (S.24) on Friday for the first time for 13 years after the group said it had spent US.35 billion (S.27 billion) in response to the Gulf of Mexico oil spill crisis. The energy giant’s stock collapsed by almost nine percent in mid morning trading to hit a low point of 296 pence in trading on the London Stock Exchange, as investors fretted about … Read more on Straits Times
BP has lost about 35 per cent of its share value, around bn, since its Deepwater Horizon well blew up in the Gulf of Mexico, causing a massive oil spill. A criminal investigation has been launched into the cause of April’s accident and the British energy giant’s plunging share price could make it a takeover target for one of its rivals. Jonah Hull reports from London. Video Rating: 0 / 5
BP shares plunge as estimate of leaking oil grows
Investors dumped shares of BP Wednesday, as estimates of the amount of oil flowing from its blown-out well grew, along with concerns about its ability to pay for the spill in the Gulf. Read more on AP via Yahoo! News
BP shares plunge after effort to stem Gulf of Mexico leak fails
LONDON – Shares in BP PLC plummeted on Tuesday, wiping billions off the British company’s market value, after the failure of its latest attempt to stop the massive Gulf of Mexico oil spill. Read more on The Canadian Press via Yahoo! Canada News
(AFX UK Focus) 2010-06-01 14:55 WRAPUP 4-BP shares plunge on oil spill containment failure
By Ed Stoddard and Sarah Young Read more on Interactive Investor