BP America chairman should be ashamed, Rep. Anh ‘Joseph’ Cao says, explaining hara-kiri comment
In the context of Asian culture, resignation ‘is just the easy way out,’ he says Read more on New Orleans Times-Picayune
BP Atlantis Should Operate During Probe, U.S. Says (Update1)
June 10 (Bloomberg) — BP Plc ’s Atlantis oil and natural- gas platform in the Gulf of Mexico should remain in production while regulators investigate a whistleblower’s allegations that the installation is unsafe, U.S. Secretary of the Interior Kenneth Salazar said. Read more on Bloomberg
On Dylan Ratigan’s Show, oil expert Matt Simmons talks about the Deepwater Horizon blowout, and that BP is doing everything wrong — “It’s spewing 150000 barrels of oil a day and BP is patching the wrong part”. Video Rating: 5 / 5
NYC Mayor Says World Should Not Rush to Judge BP
NEW YORK (AP) – New York Mayor Michael Bloomberg says the world should not rush to judge BP over its huge oil spill in the Gulf of Mexico. The billionaire mayor is a former CEO and is known for defending private businesses dealing with public relations problems. Bloomberg said Friday on his weekly radio show that the head of BP PLC “didn’t exactly go down there and blow up the well.” He added … Read more on KATC 3 Lafayette
BP Falls to 13-Year Low as Company Says It Remains ‘Strong’
June 10 (Bloomberg) — BP Plc plunged to the lowest price in 13 years in London trading as it said it faces the Gulf of Mexico oil spill as a “strong company.” Read more on Bloomberg
Thad Allen says 630,000 gallons of oil captured daily
Coast Guard Adm. Thad Allen says the oil spill containment operation in the Gulf of Mexico is now catching up to 630,000 gallons daily. AP Photo / BP PLCThis image from video provided by BP PLC Monday shows the oil… Read more on New Orleans Times-Picayune
PetroChina May Gain by Taking Over BP, Standard Chartered Says
PetroChina Co., vying with Exxon Mobil Corp. as the world’s biggest company by value, would benefit from a takeover of BP Plc to tap its oil and gas reserves, according to analysts at Standard Chartered Bank. Read more on BusinessWeek
(AFX UK Focus) 2010-06-08 15:43 NOAA says confirms undersea oil from BP well
HOUSTON, June 8 (Reuters) – The top U.S. climate forecaster on Tuesday confirmed the presence of low levels of undersea oil emanating from BP Plc’s stricken well in the Gulf of Mexico. “NOAA is confirming the presence of very low concentrations of subsurface oil,” said Jane Lubchenco, administrator of the National Oceanic and Atmospheric Administration (NOAA), speaking at a briefing in … Read more on Interactive Investor
A video grab, taken from a BP live video feed, shows a robot during the “top kill” procedure trying to stop the flow of oil from the Gulf of Mexico oil well, Thursday.