Posts Tagged ‘BP’s’

BP’s Hayward to leave as CEO; Russia job in works (AP)

BP CEO Tony Hayward and Managing Director Bob Dudley (R) leave after their meeting with U.S. President Barack Obama at the White House in Washington in a June 16, 2010 file photo. BP Plc's board will discuss the future of Chief Executive Tony Hayward when it meets on July 26 to discuss the Gulf of Mexico oil spill and the firm's second-quarter results, sources familiar with the matter said. They said the focus will be on the timing of Hayward's departure, rather than whether or not he would stay with the company.  REUTERS/Jim Young/files    (UNITED STATES - Tags: BUSINESS DISASTER POLITICS ENVIRONMENT ENERGY)AP – Tony Hayward, who became the face of BP’s flailing efforts to contain the massive Gulf oil spill, will step down as chief executive in October and be offered a job with the company’s joint venture in Russia, a person familiar with the matter said Monday.


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BP’s nightmare was almost over … then Bonnie showed up

Tropical Storm Bonnie steamed through the central Bahamas on Thursday night while tracking a course that could take it over the site of the Gulf of Mexico oil spill.

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Tropical depression races toward BP’s leaky well (AP)

Vessels gather at the Deepwater Horizon oil spill site over the Gulf of Mexico, off the Louisiana coast, Tuesday, July 20, 2010.  (AP Photo/Gerald Herbert)AP – A tropical depression racing toward the Gulf of Mexico Thursday increased pressure on BP and the U.S. government to decide whether to evacuate dozens of ships at the site of the ruptured oil well.


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Storms threaten to shut down BP’s Gulf well work (AP)

Oil streaks are seen below the wing of Louisiana Gov. Bobby Jindal's plane near the Deepwater Horizon oil spill site over the Gulf of Mexico, off the Louisiana coast, Tuesday, July 20, 2010. (AP Photo/Gerald Herbert)AP – Tropical rainstorms moving toward the Gulf of Mexico Wednesday threatened to shut down undersea efforts to seal BP’s ruptured well, interrupting work just as engineers get close to plugging the leak with mud and cement.


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Feds: BP’s cap stays on, new leaks insignificant (AP)

The new containment capping stack is pictured in this image captured from a BP live video feed from the Gulf of Mexico, July 19, 2010. REUTERS/BP/HandoutAP – Oil from BP’s blown out well is again seeping into the Gulf of Mexico, but this time, more slowly and scientists aren’t convinced the cap that stopped the flow last week is making things worse.


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Feds look past oil leaking from BP’s cap (AP)

The new containment capping stack is pictured in this image captured from a BP live video feed from the Gulf of Mexico, July 19, 2010. REUTERS/BP/HandoutAP – Oil from BP’s blown out well is again seeping into the Gulf of Mexico, but this time, more slowly and scientists aren’t convinced the cap that stopped the flow last week is making things worse.


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BP’s cost over Gulf oil spill reaches $4 billion

The cap holding back the oil gusher on BP’s broken well will stay in place at least one more day, officials said Monday, as the British oil giant said the spill’s cost has now reached $4 billion.

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