2nd UPDATE: US Govt: Preparations To Kill Gulf Oil Leak Resume
25th Jul 2010 00:16
(Updates with comments from the federal government's onsite response coordinator.) By Mark Long Of DOW JONES NEWSWIRES Preparations to finally kill the Deepwater Horizon oil leak are resuming as rigs and other vessels returned to the scene after fleeing ahead a tropical storm, the top U.
Read more4th UPDATE: Gulf Oil Spill Recovery Vessels Returning To Scene
24th Jul 2010 21:55
(Updates with information on the return of Transocean drilling rig to Deepwater Horizon location.) By Mark Long and Angel Gonzalez Of DOW JONES NEWSWIRES A drilling rig working on a relief well is back at the site of the Deepwater Horizon oil spill as a tropical storm that prompted evacuat
Read moreFeinberg Says BP Is Slow On Its Payments--Report
24th Jul 2010 21:35
DOW JONES NEWSWIRES BP PLC (BP, BP.LN) has been slow in making its payments to the small businesses that have been victimized by the Deepwater Horizon oil spill in the Gulf of Mexico, Kenneth Feinberg, administrator of the $20 billion compensation fund, said Saturday, Reuters reported. "I h
Read moreBP To Start Drilling For Oil Off Libya Within Weeks
24th Jul 2010 20:30
LONDON (AFP)--BP PLC (BP, BP.LN) will start drilling off the Libyan coast in a few weeks, it said Saturday, despite lingering questions over the deal which led to the exploration and the oil firm's role in the Gulf of Mexico oil spill. "We expect to begin the first well in the next few weeks," s
Read more3rd UPDATE: Gulf Oil Spill Recovery Vessels Returning To Scene
24th Jul 2010 19:43
(Updates with shut-in production figures and statement from Shell on the remanning of its Gulf platforms.) By Mark Long and Angel Gonzalez Of DOW JONES NEWSWIRES A drill rig working on a relief well and several other vessels are returning to the site of the Deepwater Horizon oil spill as a
Read moreMegrahi Release 'Wrong' But No Link To BP - Britain's Hague
24th Jul 2010 19:27
LONDON (AFP)--Britain's Foreign Secretary William Hague said Saturday that BP played no part in securing the release of the Lockerbie bomber from prison, while calling the decision to free him "wrong and misguided". Hague's comments came in a letter to John Kerry, the chairman of the U.S. Senate
Read more2nd UPDATE: Gulf Oil Spill Recovery Vessels Returning To Scene
24th Jul 2010 18:36
(Updates with additional details and comments from U.S. government officials.) By Mark Long and Angel Gonzalez Of DOW JONES NEWSWIRES A drill rig working on a relief well and several other vessels are returning to the site of the Deepwater Horizon oil spill as a tropical storm that prompte
Read moreUPDATE: Relief Well Drill Rig Returning To Gulf Oil Spill Site -BP
24th Jul 2010 16:19
(Updates with details, background) HOUSTON (Dow Jones)-- A drill rig working on a relief well is returning to the site of the Deepwater Horizon oil spill as a tropical storm that caused its evacuation petered over the U.S. Gulf of Mexico, a BP Plc (BP) spokesman said Saturday. The Developme
Read moreRelief Well Drill Rig Returning To Gulf Oil Spill Site -BP
24th Jul 2010 14:36
NEW ORLEANS (AFP) -- A drill rig working on a relief well is returning to the site of the Gulf of Mexico oil spill after an oncoming storm system weakened, a BP Plc (BP) spokesman told AFP Saturday. "The Development Driller 3 is on its way back," BP spokesman Bryan Ferguson said. "It's the one t
Read moreUPDATE: Bonnie Moves Across Gulf Of Mexico Towards Spill Area
24th Jul 2010 10:18
(Updates storm's position.) MIAMI (AFP)--A storm system which is disrupting oil cleanup efforts moved across the Gulf of Mexico early Saturday after crossing southern Florida and drenching it with rain. Bonnie weakened to a tropical depression but was expected to regain strength, U.S. forec
Read moreStorm System Moves Towards Gulf Of Mexico Spill Area
24th Jul 2010 08:37
NEW ORLEANS (AFP)--A disruptive storm system moved toward the Gulf of Mexico oil spill area Saturday, forcing response crews to head inland for safety and halting work to permanently plug the ruptured BP (BP) well. Tropical depression Bonnie sent crews packing aboard 11 offshore platforms, a con
Read moreIraq Asks BP To Alter Rumaila Field Signature Bonus
24th Jul 2010 08:02
(This item was originally published Thursday.) By Hassan Hafidh Of DOW JONES NEWSWIRES BAGHDAD (Dow Jones)--The Iraqi oil ministry has asked BP PLC (BP) and its partner China National Petroleum Corp., or CNPC, to change the signature bonus for the Rumaila oil field to unrecoverable but
Read moreEx-UK Minister Straw Won't Appear In US Senate On Lockerbie Case
23rd Jul 2010 21:56
Former U.K. justice secretary Jack Straw on Friday turned down an invitation to appear before a U.S. Senate committee hearing on the Lockerbie bomber's release from prison, Sky News reports. "I do not see how I could help," Straw wrote in a letter to Sen. Robert Menendez (D., N.J.). He also insi
Read moreUS EQUITIES WEEK AHEAD: More 2Q Results; Home Sale, Price Data
23rd Jul 2010 19:30
By Kathy Shwiff Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Four components of the Dow Jones Industrial Average and 135 other companies in the Standard & Poor's 500 Index are scheduled to report quarterly results next week. Economists expect a government report next week to show new-hom
Read moreUS EQUITIES WEEK AHEAD: More 2Q Results; Home -2-
23rd Jul 2010 19:30
Among the significant conferences next week are the Keefe, Bruyette & Woods Inc. Community Bank Investor Conference from Monday through Wednesday in New York and Financial Services Exchange Conference from Wednesday through Saturday in Fort Lauderdale, Fla. -By Kathy Shwiff, Dow Jones Newswires
Read more