bp oil spill solution News

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BP Back to Profitability, But Spill Cost Upped to $40 Billion

(Nov. 2) -- It may not be any consolation, but those in the Gulf of Mexico tourism and seafood industries still hurting economically from the oil spill do have some company. Though that company recently returned to profitability, it hasn't been cheap for BP either. In fact, it just got more expensive. In September, while...

4 Most Glaring Errors Cited by Obama's Oil Spill Panel

(Oct. 7) -- Scientists describe the official response to BP's Gulf of Mexico oil disaster as a giant science experiment carried out in real time since it was the first in U.S. history involving a deep-water oil rig. Yet the preliminary assessment released this week by the Oil Spill Commission, which was appointed by...

BP Says Payouts Endangered if Barred From Drilling in Gulf

(Sept. 3) -- BP (BP) warned that any legislation that stops it from drilling for oil in the Gulf of Mexico could prevent the oil giant from paying out compensation related to this year's oil spill. Congress is currently considering legislation that would bar any company from receiving offshore drilling permits if more...

Why Is BP Delaying the Bottom Kill Operation Till September?

(Aug. 20) -- National Incident Commander Thad Allen said Thursday that BP's unruly well won't be killed once and for all until September. Original estimates had planned for the bottom kill -- which will kill the well for good -- to take place this month. At several points, emergency crews were even said to be ahead of...

Officials Testing Seal at BP's Broken Oil Well in Gulf

NEW ORLEANS (Aug. 12) -- In the strongest indication yet that BP's broken oil well in the Gulf of Mexico may be plugged for good, officials on Thursday said they're conducting tests to determine if further work to seal the well is needed. A final decision was expected Friday on whether crews need to go ahead with drilling...

bp oil spill solution News From the Web

05/30/12 Film Review: The Big Fix exposes BP's ... Source: Peak Oil The Big Fix exposes BP's efforts to minimize awareness of North America's biggest oil spill.
10/06/10 Louisiana Fishermen Unite around a Solution for the... Source: Business Wire Local fishermen and residents, in association with the Louisiana Shrimpers Association, the Commercial Fishermen of America, and others announce a Town Hall Meeting & Press Conference on Thursday, October 7, 2010 to discuss the scope and devastation of the BP oil spill (NYSE: BP ) on their industry and offer a new solution for restoring the coastal grasslands.