THE DRILL: Et Tu, Anadarko?
22nd Jun 2010 11:36
By Edward Tan and John E. Morris Of DOW JONES INVESTMENT BANKER NEW YORK (Dow Jones Investment Banker)--Anadarko Petroleum Corp.'s (APC) accusation that BP PLC (BP.LN) committed gross negligence or willful misconduct has consequences far beyond the division of liability between the two compa
Read moreUPDATE: BP:Mistake To Discourage Investment In Deep-water Oil
22nd Jun 2010 11:23
(Adds quotes from BP, Chevron, and details) By James Herron Of DOW JONES NEWSWIRES LONDON (Dow Jones)--It would be a mistake if the regulatory response to the Gulf of Mexico oil spill created an environment in which investment in deep-water oil production becomes impossible, BP PLC's (BP
Read moreUS Gulf Spill Not Seen Hitting Libya Deep-Water Drive -Oil Head
22nd Jun 2010 10:52
LONDON (Dow Jones)--Libya's top oil official, Shokri Ghanem, Tuesday said he doesn't expect the country's push into deep-water oil drilling to be curtailed because of the Gulf of Mexico oil spill. "I don't think it will impact our deep-water drilling," Ghanem told journalists on the sidelines of
Read moreBP:Would Be Mistake To Discourage Investment In Deep-Water Oil
22nd Jun 2010 09:59
LONDON (Dow Jones)--It would be a mistake if the regulatory response to the Gulf of Mexico oil spill created an environment in which investment in deep-water oil production becomes impossible, BP PLC's (BP) Global Chief of Staff Steve Westwell said Tuesday. "I don't believe it should stop all fu
Read moreBP: Gulf Oil Leak Won't Hit Sponsorship Of London Olympics-Paper
22nd Jun 2010 09:56
LONDON (Dow Jones)--Embattled oil major BP PLC (BP) pledged that its sponsorship of the London 2012 Olympic Games won't suffer as a result of the oil leak in the Gulf of Mexico, U.K. newspaper The Times reports Tuesday. BP is a top-tier sponsor of the games, the newspaper adds. Newspaper We
Read moreNOAA Expands Fishing Closed Area To About 36% Of Gulf Of Mexico
22nd Jun 2010 01:29
DOW JONES NEWSWIRES The National Oceanic and Atmospheric Administration on Monday added more than 6,000 square miles to the area of the Gulf of Mexico closed to fishing due to the oil spill. The closed area now covers 86,985 square miles, or about 36% of Gulf federal waters. That is a three
Read moreBP Removes 13,240 Barrels Of Oil From Gulf Tuesday Morning
22nd Jun 2010 00:31
DOW JONES NEWSWIRES BP PLC (BP, BP.LN) reported it had removed 13,240 total barrels of oil from its leaking well in the Gulf of Mexico in the first 12 hours of Tuesday. The rate of retrieval is on par with other morning half-day rates recently, but it's slightly higher than what was collect
Read morePRESS RELEASE: Administration Sends Third Bill To BP
21st Jun 2010 23:33
DATE: June 21, 2010 17:14:46 CST Administration Sends Third Bill to BP Key contact numbers Report oiled shoreline or request volunteer information: (866) 448-5816 Submit alternative response technology, services or products: (281) 366-5511 Submit your vessel for the Vessel of Opp
Read moreUS Lawmakers Cautious On Obama Bid To Restore Superfund Taxes
21st Jun 2010 22:54
By Martin Vaughan Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--The Obama administration on Monday stepped up its push to reinstate lapsed environmental clean-up taxes on oil, gas and chemical producers. But lawmakers in Congress signaled that they will proceed with caution. The Environ
Read moreOn Dow Jones Investment Banker Today: BP, China's Port Firms
21st Jun 2010 22:27
LONDON (Dow Jones Investment Banker)--The following columns have been published exclusively on Dow Jones Investment Banker in recent days. Many Dow Jones Investment Banker columns contain spreadsheets, video, PDFs and other supporting material. To arrange access to the best of Dow Jones news and opi
Read moreADR Report: Shares Up On Material Stocks; Europe Ends Down
21st Jun 2010 22:26
By Victoria Finkle Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York ended mixed, as the Chinese government's pledge to make its exchange rate more flexible sparked a broad rally, although that momentum faded later in the day. The Bank of New York i
Read moreUS Chemical Safety Board Probes Causes of BP Disaster
21st Jun 2010 22:05
By Siobhan Hughes Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--The U.S. Chemical Safety and Hazard Investigation Board said it has opened an investigation into the causes of the April 20 explosion of a drilling rig leased by BP PLC (BP, BP.LN). The board "intends to proceed with an inv
Read moreUS Chemical Safety Board Probes Causes Of BP Disaster
21st Jun 2010 22:03
By Siobhan Hughes Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)-- The U.S. Chemical Safety and Hazard Investigation Board said it has opened an investigation into the causes of the April 20 explosion of a drilling rig leased by BP PLC (BP, BP.LN) to explore for oil in the Gulf of Mexico.
Read moreUPDATE:US Judge To Rule On Temporary Drilling Moratorium By Wed
21st Jun 2010 22:01
(Adds comment from a legal expert in the sixth and seventh paragraphs.) By Angel Gonzalez Of DOW JONES NEWSWIRES A federal judge in New Orleans plans to decide by Wednesday whether the Obama administration's temporary ban on deepwater offshore drilling can continue, a court official said M
Read moreTrans-Alaska Pipeline Operating After Weekend Maintenance
21st Jun 2010 22:00
SAN FRANCISCO (Dow Jones)--The Trans-Alaska Pipeline was operating normally Monday after being shut over the weekend for scheduled maintenance, the pipeline operator said. The pipeline was shut between 6 a.m. local time Saturday and 4 p.m. on Sunday, Alyeska Pipeline Service Co. said in a releas
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