U.S. Sues BP Over Oil Spill

Published on December 16, 2010 by Technology Slice

U.S. Sues BP Over Oil Spill – The United States government started legal action on Wednesday against BP and nine other companies for damages stemming from this year’s oil spill in the Gulf of Mexico, the worst in US history. The complaint was filed by the Justice Department with a federal court in New Orleans, [...]

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Many Affected By The BP Oil Spill

Published on July 15, 2010 by Technology Slice

Many Affected By The BP Oil Spill – Financial institutions whose customers are affected by the BP PLC oil spill should try to expedite loans, ease credit terms and consider waiving late fees and penalties, U.S. banking regulators said Wednesday. The announcement, made by the Federal Reserve and all the other U.S. banking regulators, comes [...]

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Arsenic Levels Rise In Gulf Of Mexico

Published on July 6, 2010 by Technology Slice

Arsenic Levels Rise In Gulf Of Mexico – British scientists warned that the oil spill is increasing the level of arsenic in the ocean, and could further add to the devastating impact on the already sensitive environment. BP’s Deepwater Horizon rig has been spilling between 3,681,500 litres and 911,454,000 litres of oil into the sea [...]

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BP Removes Oil Cap After Crash

Published on June 26, 2010 by Technology Slice

“We had an incident earlier today, they noticed that there was some kind of a gas rising,” Admiral Thad Allen, the US official coordinating the response to the disaster, said. “They indicated the problem was a remotely-operated vehicle had bumped into one of the vents.” Admiral Allen confrimed that the “top hat” container was being [...]

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BP Boss Gets Drilled By Congress

Published on June 20, 2010 by Technology Slice

BP’s embattled chief executive, Tony Hayward, fronted his accusers yesterday but offered little insight into the Deepwater Horizon disaster that has flooded the Gulf of Mexico with more than 120 million gallons of crude oil, devastating coastal communities from Louisiana to Florida. Although he apologised for the accident, declaring himself personally ”devastated” and ”so distraught”, [...]

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