BP Complaints

IEA sees stronger global oil demand
The International Energy Agency said Thursday it has raised its forecasts for global oil demand for 2010, citing stronger than expected economic activity in developed economies.
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CS Sees Total BP Oil Spill Cost Up To Billion, To Eat Up 3 Years Of Free Cash Flow, Will Require 10% Rise In Gearing
Some more bad news to BP, and to all those chattering heads that due to BPs tens of billions in cash, any cleanup costs are just a drop in the bucket. Credit Suisse has just come out with a new estimate of total clean up costs and liabilities to BP: the Swiss firm sees BP paying between and billion in clean up costs plus billion of claims. The punchline: ” This would absorb 3 years …
Read more on Zero Hedge

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Obama sees oil spill up close on Louisiana beach
U.S. President Barack Obama toured Louisiana Friday to survey first hand the efforts to cap and clean up a disastrous oil spill causing environmental and economic misery across the Gulf.
Read more on Vancouver Province

Telegraph.co.uk

BP Sees Hope for Solution in Capping Spill in the Gulf New York Times In Washington, members of a House subcommittee investigating the April 20 disaster grilled oil industry executives for nearly six hours on Wednesday about … BP Oil Leak Containment Actions ContinuesDaily Top Trends White House Calls For Oil Spill Law UpdateRTT News Gulf spill provokes worries of unbelievably bad' damageKansas City Star BusinessWeek –CNM News Network –Entertainment and Showbiz! all 22,651 news articles »

View full post on gulf oil disaster updates – Google News

BP’s Chief Sees Progress in Containing Oil Spill
Tony Hayward surveyed the spill by helicopter as crews moved a giant steel container to trap the leaking oil.

Read more on International Herald Tribune

Gov. Bobby Jindal sees coastal defense plan in Venice, acknowledges Gulf oil spill could go west of river
John McCusker / The Times-PicayunePlaquemines Parish President Billy Nungesser holds press conference from Venice about Wednesday’s Gulf of Mexico oil spill activities. At the far right is Gov. Bobby Jindal.Louisiana Gov. Bobby Jindal was in Venice this morning to…

Read more on New Orleans Times-Picayune

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Horrified Pilot Sees Oil Spill Clumps Near Gulf Coast (Update1)
May 5 (Bloomberg) — Oil is still gushing from BP Plc’s leaking rig, 80 miles from the Gulf Coast. It hasn’t yet touched shore in the Alabama city of Mobile, though some residents say they can smell the fumes of the approaching slick. Coast Guard officials say it’s onshore elsewhere.

Read more on Bloomberg

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