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Gulf oil spill could have impact for ‘decades’: US official

The massive Gulf of Mexico oil spill could have an “impact for years and possibly decades to come,” a top US official said Wednesday, speaking after BP successfully plugged the leaking well. “We remain concerned about the long term impact,” Jane Lubchenco, head of the National Oceanic and Atmospheric Administration,…

Ships ready to leave leaky well as storm brews

Crew members aboard dozens of ships in the Gulf of Mexico prepared Thursday to evacuate as a tropical rainstorm brewing in the Caribbean brought the deep-sea effort to plug BP’s ruptured oil well to a near standstill. Though the rough weather was hundreds of miles from the spill site and…

BP sued for burning endangered sea turtles alive

NEW ORLEANS, Louisiana (AFP) – Animal welfare groups sued BP for burning endangered sea turtles and asked a federal court to stop the oil giant’s “controlled burns” on the Gulf of Mexico spill. “It is horrifying that these innocent creatures whose habitat has already been devastated by the oil spill…

‘Not enough money’ for all BP oil spill claims

NEW ORLEANS, Louisiana (AFP) – The Obama appointee managing BP’s oil spill disaster fund said there’s “not enough money in the world” to pay all claims and suggested home owners with plunging property values could lose out. The warning from prominent US lawyer Kenneth Feinberg came as Hurricane Alex disrupted…

‘Not enough money in world’ to pay every spill claim: oil fund czar

The prominent US lawyer managing BP’s 20-billion-dollar oil disaster fund said Wednesday not all claimants will be paid, especially some of those seeking compensation for falling houses prices. “There’s not enough money in the world to pay every single small business that claims injury no matter where or when,” Kenneth…

Obama mocks ‘out of touch’ GOP leader: Financial crisis no ‘ant’

US President Barack Obama lampooned Republicans over the Gulf of Mexico oil spill Wednesday, seeking to turn a disaster that has been a political liability for him into a political weapon. Obama cited a gaffe by a leading Republican lawmaker who said the US government’s hardline tactics were a “tragedy”…

BP denies Hayward to resign over oil spill

LONDON — BP denied on Monday that its chief executive Tony Hayward was set to resign over the Gulf of Mexico oil spill which is costing the embattled British energy group about four million dollars an hour. Russian Deputy Prime Minister Igor Sechin, preparing to meet Hayward on Monday, said…

BP yanks containment cap after problem, oil flows unimpeded into the Gulf

LIVE STREAM OF BP OIL SPILL FOLLOWS: BP CLAIMS PROBLEM IS ‘TEMPORARY’….ALSO, TWO CLEANUP WORKERS ARE FOUND DEAD (SEE BELOW) Oil gushed unchecked Wednesday from the leaking well in the Gulf of Mexico after BP’s containment system was removed for repairs when a robotic submarine crashed into it, US officials…

BP’s Hayward hands over Gulf spill management

LONDON — BP chief executive Tony Hayward has handed over management of the Gulf of Mexico oil spill to another senior executive, Bob Dudley, “effective immediately,” the firm said Wednesday. “Effective immediately, Bob Dudley has been appointed President and Chief Executive Officer of BP’s Gulf Coast Restoration Organization,” it said…

Republican candidate: Obama, BP ‘colluded’ to make oil spill happen

Bill Randall, a North Carolina Republican candidate for Congress, is calling for a “thorough investigation” into whether President Barack Obama’s administration colluded with BP to allow the Gulf oil spill. “There were procedures that were violated by BP that the federal government signed off on, safeguards that decades of engineering…

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