The $20 billion fund established to compensate victims of BP’s Gulf oil spill has been criticized for processing claims too slowly. Kenneth Feinberg responded to those accusations Saturday, and said was implementing changes to …
BP (BP) will join an oil spill response group formed by fellow oil giants Exxon Mobil (XOM), ConocoPhillips (COP), Chevron (CVX) and Royal Dutch Shell (RDS.A).
BP will make its underwater well containment equipment and personnel available to the group, called the Marine Well Containment Co., The Washington Post said.
The other four oil companies said they would spend $1 billion on…
Continue reading BP Will Join Other Oil Giants in Spill Response Group
BP Will Join Other Oil Giants in Spill Response Group originally appeared on DailyFinance on Tue, 21 Sep 2010 06:49:00.
Filed Under: Energy, Company News, Technology, Exxon Mobil, Green, BP, Chevron
BP’s (BP) relief well reached intercepted the Macondo well, putting engineers in a position to permanently plug the well that spewed out millions of barrels of oil into the Gulf of Mexico. The relief well intercepted the Macond…
Investment banks and chicken slaughterhouses don’t have much in common, but evidently they both aren’t the easiest places for women to make a living, based on the gender discrimination lawsuits filed against Goldman Sachs and T…
Nearly five months since the start of the massive BP oil spill, many questions are still unanswered. More than 200 million gallons of oil were released between April and August, and now a team of marine scientists thinks they k…