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…
BP (BP) commissioned a feature-length film about the Gulf of Mexico oil disaster. The movie, produced by World Television, will act as a historical “archive,” BP spokesman Robert Wine told The New York Times.
“They are making a film of the spill prim…
BP (BP) continues to sell assets in order to cover costs related to the Deepwater Horizon disaster. It is now selling its 60% stake in Pan American Energy in South America. This gives its joint venture partner Bridas Group control of the company.
BP …
CEOs are supposed to know when to say no. But when it comes to the temptation of having an adulterous affair, even some of the toughest-minded bosses just can’t hold up a stop sign. Here are nine chief execs (all men) who made …
Today is the deadline for individuals and businesses impacted by the Gulf Oil spill to apply for emergency claims from BP’s (BP) $20 billion fund.
Fund administrator Kenneth Feinberg, 65, has already paid out more than $1.9 billion in compensation. Pr…