BP Oil Spill Recovery Effort Seen Through $3 Billion Deposit
Posted on 10. Aug, 2010 by Tony Valencia in Business
In an effort to seek recovery and regain some of its losses, BP has deposited $3 billion into a spill-recovery fund. The $3 billion is part of a $20 billion effort to stop the oil leak that is destroying the oceanic waters along the southern coast, specifically the Gulf of Mexico. The BP oil spill [...]
Oil Spills we don’t hear about
Posted on 06. Aug, 2010 by Leon Kennedy in Other
America and it’s media’s preoccupation with the Deepwater oil spill this summer is justified given the size and the ecological impact of the spill. What is not justified is that large scale oil spills that have been going on for decades in another part of the world are completely ignored by Americans and the American [...]
Deepwater oil well finally contained…for now
Posted on 04. Aug, 2010 by Leon Kennedy in Other
The latest mission to finally put an end to the Deepwater Horizon oil spill that has so far lasted 107 days is being characterized as a success, but at the same time officials are warning that problems could still re-emerge should an even more permanent solution fail to occur. Scientists involved with the project are [...]
BP CEO Tony Hayward To Be Replaced by Robert Dudley After Gulf Oil Spill Fiasco
Posted on 02. Aug, 2010 by David Imara in Business
In what is not considered a surprising move, British Petroleum CEO Tony Hayward will step down from his position and be replaced by Robert Dudley. The move was announced last week, but the criticism of Hayward began months ago when the BP oil rigs burst, polluting the southern coast and Gulf of Mexico. Many economists [...]
Gulf Oil Spill; An American Chernobyl?
Posted on 01. Aug, 2010 by Linx Daniel in Headlines, Health, World
While not caused by a nuclear meltdown, and huge quantities of radiation being released, the DeepWater Horizon’s oil spill into the Gulf of Mexico may present many of the same dangers. Even to the point of causing cancer. With no intent to reconcile the Gulf Oil Spill with the immediate effect of Chernobyl, the long [...]
Louisiana Reopens Fishing Areas in Gulf
Posted on 30. Jul, 2010 by Raven Schneizer in Other
Louisiana has reopened key commercial fishing areas that were closed as a result of the catastrophic BP oil spill in the Gulf of Mexico, according to a statement released by Louisiana Governor Bobby Jindal. The news will be taken very well by local fishermen who have been sidelined as a result of the spill. The [...]
Gulf Spill Hurts Tourism, Beaches are Fine
Posted on 28. Jul, 2010 by Raven Schneizer in Other
The massive oil spill in the Gulf of Mexico has caused detrimental effects on the tourism along the coast as vacationers steer clear; although beaches themselves remain clear and safe, according to reports. Although only three areas of Louisiana have seen the closure of beaches, vacationers are avoiding the once prosperous beaches that lay upon [...]
Tony Hayward to step down as BP CEO
Posted on 26. Jul, 2010 by Leon Kennedy in Business
Tony Hayward, as the face of BP and consequently of the Deepwater Horizon oil spill, has been subject to some fairly serious flack over the past months from both members of Congress and the American public. This coupled with his role as head of the cleanup efforts in the Gulf of Mexico was enough to [...]
BP Containment Cap: “No Evidence” of Problems
Posted on 17. Jul, 2010 by Tony Valencia in Headlines
BP’s newest containment cap over the ruptured, leaking oil well in the Gulf of Mexico has shown “no evidence” of producing further ruptures, according to reports. The drilling of a new well which is designed to permanently cut off the leak is scheduled to begin in July, according a company executive Saturday. The cap is [...]