Tag Archives: spill

BP spill clouds future of U.S. oil drilling

Daniel Becnel Jr., speed dialing over a speaker phone, places a call to a lawyer for a defendant in the British Petroleum-Deepwater Horizon rig explosion and oil spill. “This is the king of torts calling,” he says when he reaches … Continue reading

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BP’s Hayward says spill won’t make him quit

MIAMI — An apologetic advertising campaign by BP PLC for the oil spill polluting the Gulf of Mexico is going over about as well as the tar balls and rust-colored froth washing ashore in the Florida Panhandle. The new radio, … Continue reading

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BP likely rich enough to survive cost of spill

NEW YORK — BP is probably sturdy enough to survive the worst oil spill in U.S. history. But investors are shaving billions of dollars off its value with every day that crude gushes into the Gulf of Mexico. On Tuesday … Continue reading

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Transocean cites 1851 law to limit spill liability

Company tries to cap what it would pay if it loses lawsuits over rig blast. NEW YORK — The company that owns the sunken Deepwater Horizon rig said Thursday it will petition a federal court in Houston to cap its … Continue reading

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Inventors say BP ignoring their oil spill ideas

NEW ORLEANS — A suggestion box or publicity stunt? BP has received thousands of ideas from the public on how to stop the Gulf of Mexico oil spill, but some inventors are complaining that their efforts are getting ignored. Oil-eating … Continue reading

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