The president of British Petroleum (BP), Carl-Henric Svanberg, announced yesterday that the company will suspend payment of quarterly dividends this year to meet expenses incurred by the oil spill in the Gulf of Mexico. “The BP board of directors decided not to pay more dividends this year,” Svanberg said after meeting, along with other senior [...]
Barack Obama‘s leadership in the case of the oil spill in the Gulf of Mexico faces key tests this week, in which the U.S. President will give his first speech to the nation about the disaster and shall meet first time with BP executives. With the greatest environmental disaster in American history, Obama will put [...]
British Prime Minister, David Cameron, announced on Thursday that this weekend will talk about the ‘BP oil spill’ in the Gulf of Mexico with U.S. President Barack Obama, whose criticism of the oil group BP began to cause concern in Britain. “I understand the frustration of the U.S. government because it is a disaster for [...]
Seventy-one people reportedly have suffered health problems believed to be caused by the oil spill, the state Health Department released the report Tuesday. Exposure to chemicals from oil spill may lead to coughing, irritated throats, shortness of breath, nausea and headaches. The health side of effects oil spill has been reported since May 30, so [...]
Despite oil coasted wildlife, unprofitable fisherfolks and dirty beaches comes the hope of reviving the Gulf of Mexico on Barataria Bay, La. Coast Guard says that almost half of the oil profusely flowing is being trapped, however BP PLC engineers must be able to close possible vents that would reduce fluid pressure and prevent the [...]
After the tragedy of an oil spill that occurred months ago, the people on the Gulf Coast have been trying to get back on their feet. President Obama pledges that he will fight alongside them and help them in this time of crisis. The manmade tragedy was said to be the worst oil spill in the [...]
As fixing the catastrophe seemed to be very foggy, a handful of people step out of the crowd to clean the mess. Oil continues to pour into the Gulf of Mexico, spreading in an enormously large rate and its effect in the environment is very much alarming. Cleaning things up would take time, but Victoria [...]
The CEO of BP admitted that oil company was not fully prepared to deal with the disastrous oil spill in the Gulf of Mexico, according to a newspaper report on Thursday. The Financial Times published comments by Tony Hayward saying it was “entirely fair criticism” to say that the company was not fully prepared for [...]
The nation’s worst oil spill increases its work on detroying the environment, as now the oil that is spewing in the Gulf of Mexico reached an estimate of 800,000 gallons per day. The rate is 20 percent faster than before, the BP could still need several more days before they would be able to cap [...]
Pensacola beach or Pensacola Florida is in great danger due the Gulf oil spill! The futures of the beach economy and environment are at stake because the waters could become unsafe for swimming or fishing for years to come. Oil sheen has been spotted just 9 miles off the coast of one of Florida’s best beaches, [...]