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Tag: bp oil spill

Costner Hit With Lawsuit Over Oil-Spill Cleaning Device

by on Dec.23, 2010, under Towing

Stephen Baldwin has sued fellow actor Kevin Costner over the sale of technology used to help clean the BP oil spill in the Gulf of Mexico. Baldwin says Costner owes him a share of an $18 million deposit that BP made as part of a larger purchase.

Continue reading Costner Hit With Lawsuit Over Oil-Spill Cleaning Device

Costner Hit With Lawsuit Over Oil-Spill Cleaning Device originally appeared on DailyFinance on Thu, 23 Dec 2010 19:15:00.

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BP Shares Fall in London After U.S. Lawsuit

by on Dec.16, 2010, under Towing

BP (BP) shares fell the most in four months in London after the Obama administration sued the oil giant, saying it violated environmental laws during the Gulf oil disaster.

BP shares retreated by as much as 3.2%, the most since August, Bloomberg News said. As of 9:08am local time, the shares were down 2.3% at 465.4 pence.

The stock has fallen 29% since April 20 explosion on the Deepwater Horizon…

Continue reading BP Shares Fall in London After U.S. Lawsuit

BP Shares Fall in London After U.S. Lawsuit originally appeared on DailyFinance on Thu, 16 Dec 2010 07:09:00.

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BP Weighs Sale of North Sea Assets to Raise Funds for Gulf Cleanup

by on Dec.07, 2010, under Towing

BP Weighs Sale of North Sea Assets to Raise Funds for Gulf Cleanup

BP is apparently considering the $1 billion sale of some of its assets in the North Sea as it tries to cover cleanup costs from the Gulf of Mexico oil spill. The company’s Macondo well in the Gulf of Mexico exploded in April, leading to the most massive oil spill in U.S. history.

Continue reading BP Weighs Sale of North Sea Assets to Raise Funds for Gulf Cleanup

BP Weighs Sale of North Sea Assets to Raise Funds for Gulf Cleanup originally appeared on DailyFinance on Tue, 07 Dec 2010 08:30:00.

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White House Will Temporarily Ban New Oil Drilling in Eastern Gulf and Atlantic

by on Dec.01, 2010, under Towing

White House Bans New Oil Drilling in Eastern Gulf of Mexico, Atlantic

The Obama administration will temporarily ban the sale of new offshore oil drilling leases in the eastern Gulf of Mexico and off the Atlantic coast, Interior Department Secretary Ken Salazar said Wednesday, a policy change made in response to lessons learned from BP’s horrific Deepwater Horizon oil spill.

Continue reading White House Will Temporarily Ban New Oil Drilling in Eastern Gulf and Atlantic

White House Will Temporarily Ban New Oil Drilling in Eastern Gulf and Atlantic originally appeared on DailyFinance on Wed, 01 Dec 2010 16:25:00.

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White House Will Temporarily Ban New Oil Drilling in Eastern Gulf and Atlantic

by on Dec.01, 2010, under Towing

White House Bans New Oil Drilling in Eastern Gulf of Mexico, Atlantic

The Obama administration will temporarily ban the sale of new offshore oil drilling leases in the eastern Gulf of Mexico and off the Atlantic coast, Interior Department Secretary Ken Salazar said Wednesday, a policy change made in response to lessons learned from BP’s horrific Deepwater Horizon oil spill.

Continue reading White House Will Temporarily Ban New Oil Drilling in Eastern Gulf and Atlantic

White House Will Temporarily Ban New Oil Drilling in Eastern Gulf and Atlantic originally appeared on DailyFinance on Wed, 01 Dec 2010 16:25:00.

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