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BP hopes to begin new drilling in Gulf of Mexico

STOCKHOLM — British oil giant BP hopes to soon be able to operate again in the Gulf of Mexico, its chairman was quoted as saying Tuesday. “It’s difficult to speculate on but I think it isn’t far away,” Carl-Henric Svanberg told reporters on the sideline of an International Association for…

Spill no reason to halt deep sea drilling: BP

MALMOE, Sweden – Last year’s massive Gulf of Mexico oil spill sparked by an explosion on a BP-leased platform is no reason to stop deep sea drilling, the group’s chairman Carl-Henric Svanberg said Monday. “If we truly learn from this accident, I see no reason to close off the deep…

BP chairman says company cares about ‘the small people’

UPDATE: BP chairman Carl-Henric Svanberg has apologized for referring to the victims of the Gulf oil spill as “small people.” Reuters reports: “I spoke clumsily this afternoon and for that I am very sorry,” Svanberg said in a statement, after remarks he made following a White House meeting with President…

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