Showing posts sorted by relevance for query gulf of mexico. Sort by date Show all posts
Showing posts sorted by relevance for query gulf of mexico. Sort by date Show all posts

Friday, June 18, 2010

Oil Spill: Russian President Dmitry Medvedev Fears BP's 'Annihilation'

THE TELEGRAPH: Russian President Dmitry Medvedev has expressed concerns that the massive Gulf of Mexico oil spill could lead to the "annihilation" of BP.

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Russian President Dmitry Medvedev fears BP's 'annihilation' over the Gulf of Mexico oil spill. Photo: The Telegraph

Mr Medvedev stopped short of saying the disaster would prompt a review of Russia's partnership with BP, but he said: "This is a wake-up call."

"Certainly, we are not indifferent to their future... Hopefully, they can absorb the losses," he told the Wall Street Journal.

BP shares, which have fallen around 46pc since the spill began, rose 4.5pc in early tradiing on Friday.

BP is present in Russia through TNK-BP, the third largest oil producer in the country, accounting for roughly a quarter of BP's global production. It owns half of TNK-BP and the other half is owned by Alfa Access-Renova, a consortium of Russian businessmen.

When asked how the oil spill would affect Russia's view of BP as a partner, he said: "What I know is that BP will have to pay a lot of money this year.

"Whether the company can digest those expenditures, whether they will lead to the annihilation of the company or its breakup into pieces is a matter of expediency."

Mr Medvedev's comment come as estimates of the damage caused by the US's biggest environmental accident spiral[.] >>> | Friday, June 18, 2010

Medvedev Sees Risk to Euro

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Russian President Dmitry Medvdev speaks with The Wall Street Journal. Photograph: WSJ

THE WALL STREET JOURNAL: ST. PETERSBURG, Russia—Russian President Dmitry Medvedev expressed doubts about the future of Europe's common currency and said the Gulf of Mexico oil spill could threaten the survival of BP PLC.

Asked whether Europe's debt turmoil could threaten the euro, Mr. Medvedev said, "I don't exaggerate the threat, but it can't be underestimated."

The Russian president didn't rule out financial assistance to struggling European nations, but said the European Union should bear the burden of any major "financial injections."

"Russia's prosperity, to a large extent, depends on how well things are going on the European continent," Mr. Medvedev said in an interview with The Wall Street Journal. "We are not a member of the EU, but we are a European country."

On the eve of his first state visit to the U.S. next week, Mr. Medvedev also questioned whether the Gulf oil spill might lead to the "annihilation" or breakup of BP, as the company faces billions of dollars in losses from the disaster.

He stopped short of saying Russia would re-evaluate BP's lucrative partnership in Russia, which represents almost a quarter of its oil production, but predicted the spill will prompt a fundamental rethinking of oil exploration around the world.

"This is a wake-up call," Mr. Medvedev said. Of BP's fate, he added: "Certainly, we are not indifferent to their future. ... Hopefully, they can absorb the losses." >>> Gregory L. White, Robert Thomson, and Rebecca Blumenstein | Friday, June 18, 2010

Tuesday, October 03, 2023

Church Collapse in Mexico Kills 11 During Collective Baptism

THE NEW YORK TIMES: A church roof fell in a city on Mexico’s Gulf Coast as dozens of parishioners were at Sunday Mass. Rescuers said at least three children were among the dead.


Surveillance footage shows the moment the roof of a church in Ciudad Madero, Mexico, collapsed during Sunday Mass. | Secretary of Public Security Tamaulipas, via Reuters

Rescuers in northern Mexico recovered the bodies of 10 people who died after the roof of a Roman Catholic church collapsed during Sunday Mass in Ciudad Madero, an oil-refining city on the Gulf of Mexico. Among the youngest victims were three children, including a 1-and-a-half-year-old boy.

The roof collapsed during a collective baptism, according to the Diocese of Tampico. About 60 people were injured, and more than 23 of them were hospitalized on Monday morning, the Tamaulipas State security spokesman’s office said. One of those hospitalized died later on Monday, the spokesman said.

About 100 people were inside the Santa Cruz church at the time of the collapse, officials said. » | Emiliano Rodríguez Mega and Simon Romero, Reporting from Mexico City | Monday, October 2, 2023

Thursday, May 06, 2010

Gulf of Mexico Oil Slick: Sarah Palin Fuels Anti-British Sentiment

THE TELEGRAPH: Sarah Palin has fuelled growing anti-British sentiment over the Gulf of Mexico oil rig disaster by saying "foreign" oil companies like BP were not be trusted.

The former Alaska governor and potential 2012 presidential candidate attacked the British oil giant over the recent Deepwater Horizon spill and a previous one in her state in 2006.

Her comments came despite the fact her husband Todd Palin worked for BP for 18 years, as a production supervisor, and only left the company last year to spend more time with his family.

Mrs Palin urged those in the Gulf of Mexico to "learn from Alaska's lesson with foreign oil companies." She added: "Don't naively trust – verify." As an oil slick the size of Luxembourg loomed off the US coast her intervention added to growing anger at BP among environmentalists and those who face losing their livelihoods. >>> Nick Allen in Louisiana | Thursday, May 06, 2010

Thursday, June 17, 2010

BP's Tony Hayward Savaged by US Congressmen Over Oil Spill

THE TELEGRAPH: BP’s chief executive Tony Hayward has been subjected to a blistering attack by US Congressmen over the Gulf of Mexico oil spill, who accused the company of “astonishing complacency”.

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BP Chief Executive Tony Hayward was singled out for failing to ignore warnings signs before the fatal rig explosion. Photograph: The Telegraph

The boss of the oil giant was appearing before an influential committee a day after pledging a £13.5bn compensation fund to make amends for the Gulf of Mexico oil spill.

Britain’s largest firm was condemned for increasing the risk of a “catastrophic blowout” by cutting “corner after corner”. It was accused of having a “cavalier attitude towards risk”.

Mr Hayward was singled out for failing to ignore warnings signs before the fatal rig explosion, which left 11 people dead and hundreds of thousands of barrels of oils spewing into the Gulf. BP has failed to contain the leak despite numerous attempts.

Henry Waxman, a California Democrat known as one of the toughest investigators in Congress, told Mr Hayward: “There is not a single email or document that shows that you paid even the slightest attention to the dangers at this well.

“There is a complete contradiction between BP’s words and deeds. You were brought in to make safety the top priority of BP, but under your leadership, BP has taken the most extreme risks.”

In a pointedly nationalist remark, Bart Stupak, from Michigan, said that while Mr Hayward could take “a golden parachute back to England, we in America are left to recover for years from the disaster”. >>> Alex Spillius, in Washington | Thursday, June 17, 2010

It really is difficult to see how Tony Hayward can remain in his position as BP’s chief executive. The buck stops with him. If the man had any honour, he’d resign; and without the golden parachute that these people have come to expect in recent years. The company, BP, has fouled up under his watch. The consequences should be faced. – © Mark

Tuesday, September 08, 2009

Dominic Lawson: Seventy Years On, We Are Still Appeasing Dictators

THE INDEPENDENT: In dealing with Libya the Foreign Office has been guilty of institutional cringe

In this, the week of the 70th anniversary of the outbreak of the Second World War, British newspapers have published entire supplements, setting out once again how the policy of appeasing dictators showed a complete failure to understand the gangster psychology of totalitarian regimes.

Yet the unravelling tale of our current government's negotiations with the regime of Col Gaddafi is a more enthrallingly contemporary illustration of the unchanging institutional cringe known as the British Foreign & Commonwealth Office. We have learned – chiefly through the medium of government memos leaked to the Sunday Times – how the Foreign Office saw the release from Scottish custody of the convicted Lockerbie bomber, Abdelbaset al-Megrahi, as a way of earning us good favour in the court of Megrahi's patron and distant relative, Muammar Gaddafi.

In some of these memos you can hear the sound of Foreign Office ministers past and present patting themselves on the back for the results of their negotiations. There is much discussion of the alleged trade benefits, notably a deal between BP and Libya. But two days ago the Libyan Europe Minister, Abdulati al-Obeidi, admitted to that outstanding foreign correspondent Hala Jaber that even if the British Government had set its face against the release of Megrahi, it was "highly unlikely" that the deal with BP would have been cancelled: "Libya also looks out for its interests and to cease the BP deal is not in our interests." Indeed so: last week we learned of BP's astonishing discovery of a 3 billion-barrel oilfield 35,000ft below the Gulf of Mexico seabed, far and away the deepest well ever drilled. If you were the Libyan regime you would very much want the company with such technological leadership helping you to find oil on your territory.

There is a more particular sense in which the Foreign Office has played the hand of the appeaser in its negotiations. The Libyans had made dark noises about the likely reaction of their own population should Megrahi die in Scottish custody – something along the lines of "in such an eventuality we cannot guarantee the safety of British citizens in Libya". This unsubtle threat should have been greeted with the observation that it was the responsibility of the Libyan Government to ensure the safety of innocent British citizens on its territory. Instead we seem to have behaved like the weak tradesman confronted by an unscrupulous protection racketeer.

It is, of course, very embarrassing when craven behaviour comes to light via a leaked memo to the Sunday Times. Hence Gordon Brown's overnight conversion to the idea of asking the Foreign Office to assist with the claims for compensation of the victims of IRA bombs constructed from Semtex provided by Libya – having earlier told the victims' lawyers that the Government could have nothing to do with their campaign.

Yet this attempt to regain the high moral ground is even more contemptible than the decision to leave those victims of Libyan Semtex out of the original deal. When Britain and America did their separate deals over the reopening of normal relations with Gaddafi's regime, the Americans insisted that their own victims of Libyan-backed IRA atrocities be financially compensated; the British made no such demands, essentially declaring that bygones are bygones. >>> Dominic Lawson | Tuesday, September 08, 2009

Wednesday, September 02, 2009

BP Makes "Giant" Oil Find in Gulf of Mexico

REUTERS: LONDON - Oil major BP Plc said it has made an oil discovery in the Gulf of Mexico, which analysts believe could contain over 1 billion barrels of recoverable reserves, reaffirming the Gulf's strategic importance to the industry.

BP said in a statement on Wednesday that it had made the "giant" find at its Tiber Prospect in the Keathley Canyon block 102, by drilling one of the deepest wells ever sunk by the industry.

Further appraisal will be required to ascertain the size of volumes of oil present, but a spokesman said the find should be bigger than its Kaskida discovery which has over 3 billion barrels of oil in place.

Estimates of recoverable reserves range from around 20 percent of oil in place. >>> Tom Bergin | Wednesday, September 02, 2009

Friday, August 20, 2010

Libya Has Made Fools of Us All Over Lockerbie Bomber Megrahi, and Much Else Besides

THE TELEGRAPH: Gaddafi was playing Tony Blair long before the release of the Lockerbie bomber, argues Con Coughlin.

It doesn't matter how much money BP stands to make from its deep-water exploration off the Libyan coast – it is never going to compensate for the humiliation Britain has suffered over last year's decision to repatriate the Lockerbie bomber, Abdelbaset Ali Mohmed al-Megrahi.

Britain's leading oil company says it has postponed plans to drill its first deep-water well in Libya's Gulf of Sirte until later in the year, because of the concerns that have been raised by the disaster in the Gulf of Mexico. But that is not the only reason BP is holding fire: its senior executives fear that if work commences just as Megrahi is celebrating his first year of freedom, it would further infuriate the members of the US Senate who are already demanding a full Congressional inquiry into the circumstances surrounding Megrahi's release.

The fact of the matter is that Megrahi, according to what we were told at the time, should not be alive, and certainly not the subject of the sickening spectacle that has been arranged today by Saif al-Islam Gaddafi, the Libyan dictator's son and political heir. This will see 500 teenagers, flown in from around the world at vast expense, acting as guests of honour at a ceremony to mark the one-year anniversary of Megrahi's return home from his Scottish prison cell.

Precisely what role BP played in securing Megrahi's release, or what bearing this had on its $900 million oil exploration contract, remains unclear. The company says it did no more than lobby the Scottish Parliament for a prisoner swap. But many senior officials in the Obama administration believe that BP was more deeply involved. They point to the role played by Sir Mark Allen, a former senior MI6 officer who headed the negotiations that persuaded Libya to stop work on its nuclear weapons programme, in late 2003, and wrote to the Foreign Office seeking Megrahi's release.

The lenient approach that Scottish officials adopted in dealing with Megrahi's case, in which no serious assessment appears to have been made of the terrorist's medical condition, certainly fits with the approach that Tony Blair encouraged British officials to adopt towards Libya following the nuclear deal. Colonel Muammar Gaddafi might remain one of the region's less appealing dictators, but that did not prevent Mr Blair from working tirelessly to bring him in from the diplomatic cold. Continue reading and comment >>> Con Coughlin | Friday, August 20, 2010

Sunday, May 30, 2010

Barack Obama's Credibility Hits Rock Bottom After Oil Spill and Sestak Scandal

THE TELEGRAPH: The combination of Obama's passivity over the Gulf oil spill catastrophe and his cynical political manoeuvrings could spell disaster for him, argues Toby Harnden

The first thing Barack Obama probably should have done was to order the livestreaming Oil Spill Cam to be turned off. As the President insisted to Americans that he was "singularly focused" on staunching the flow, there was that mesmerising image on their television screens of plumes of hydrocarbons gushing relentlessly into the Gulf of Mexico.

When any political leader feels they have to declare that they are "fully engaged" in an issue, it is clear that they are in trouble. Talking about it undermines the very point you are trying to make - not to mention that pesky Oil Spill Cam showing that, 38 days into the Deepwater Horizon disaster, not a whole lot had been achieved.

Even judging Obama by his words, he has fallen woefully short over what has now eclipsed the 1989 Exxon Valdez wreck as biggest oil spill catastrophe in American history. He may have described it as an "unprecedented disaster" in last Thursday's press conference but a week into the crisis he was blithely stating that "this incident is of national significance" and rest assured he was receiving "frequent briefings" about it.

George W Bush's unpopularity and perceived incompetence was encapsulated by the way he dealt with the aftermath of Hurricane Katrina. Candidate Obama branded it "unconscionable incompetence".

Central to Obama's appeal was his promise to be truly different. His failure to achieve that is now at the core of the deep disappointment Americans feel about him. At the press conference - the first full-scale affair he had deigned to give for 309 days - he appeared uncomfortable and petulant.

His approach to the issue was that of the law student suddenly fascinated by a science project. He displayed none of the visceral indignation Americans feel about pretty much everything these days - two-thirds now say they are "angry" about the way things are going - resorting instead to Spock-like technocratic language and legalese. "I'm not contradicting my prior point," he stated at one juncture. During those 63 minutes of soporific verbosity, about 800 barrels of oil poured into the Gulf.

Obama engaged in the obligatory populist bashing of Big Oil and, of course, demonstrated the Obama administration's version of Tourette's Syndrome, blaming the previous administration for the situation when, by my reckoning, it's a full 16 months since Bush left office. Read on and comment >>> Toby Harnden in Washington | Saturday, May 29, 2010

HT: Pastorius

Related articles here

Friday, June 11, 2010

Gulf of Mexico BP Oil Spill: Nick Clegg Warns Barack Obama Over 'Megaphone Diplomacy'

THE TELEGRAPH: Nick Clegg today warned that the BP disaster threatened to descend into “megaphone diplomacy” following Barack Obama’s fierce criticism of the British company.

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Nick Clegg made the comments when asked for his response to President Obama's call for the sacking of BP chief executive Tony Hayward. Photo: The Telegraph

In a thinly veiled attack on the US President – who earlier this week said he was looking for “some ass to kick over the disaster” – the Deputy Prime Minister argued that a “tit for tat” attitude was not helpful.

But Mr Clegg stopped short of voicing support for the British company, which has seen billions of pounds wiped off its share value since the leak in the Gulf of Mexico.

“I’m not going to start intervening in a debate which clearly risks descending into megaphone diplomacy,” Mr Clegg told an audience at the Nueva Economic Forum in Madrid on Friday morning.

“I think everyone is united on both sides of Atlantic obviously, quite rightly, and understandably within US administration and I’m sure within BP itself, to deal with this problem. It is an ecological catastrophe – It does need to be dealt with."

Nick Clegg made the comments when asked for his response to President Obama's call for the sacking of BP chief executive Tony Hayward. >>> Fiona Govan in Madrid | Friday, June 11, 2010

Monday, July 26, 2010

BP Blunderer's Golden Goodbye: Hayward Exits with £10m Pension Pot as an American Replaces Him

MAIL ONLINE: The embattled head of BP is on the brink of bailing out today - with a golden parachute to break his fall.

Tony Hayward, who arrived at the company's headquarters in London this morning, will receive a seven-figure payoff and a pension estimated at £584,000 a year.

He will stand down today after three months of abuse left him described as the ‘most hated and clueless man in America’.

The enforced departure of the 53-year-old Briton will top the agenda at a crucial London board meeting today.

He has been widely seen as a ‘dead man walking’ ever since an oil-rig explosion led to the worst-ever environmental disaster in the U.S.

The focus will not be on if he goes but when, and how much it costs. During his 28 years at BP, he has built up a gold-plated £10.8million pension pot which he can start taking at 60.

He is also entitled to a year’s salary, equal to just over £1million.

His departure follows a disastrous series of PR gaffes since 11 died in an explosion on April 20 in the Gulf of Mexico.

One of his most notorious was to admit: ‘I want my life back’, at a time when millions of barrels of oil were gushing into the ocean, wrecking the livelihoods of thousands of Americans.

A few weeks later, his decision to go sailing on his yacht in the Isle of Wight added to suspicions that Mr Hayward was not being suitably contrite. But the level of the fury from America has been extraordinary and relentless despite the fact that BP was not solely responsible for the disaster.

President Obama warned: ‘He wouldn’t be working for me after any of those statements.’

Yesterday a BP spokesman insisted that Mr Hayward, whose family have been the victims of crank phone calls, hate mail and death threats, remains the company’s chief executive.

But his departure is inevitable, and will be the second headline-grabbing exit of a BP chief executive in just three years. In 2007, his predecessor Lord Browne dramatically resigned after admitting lying on oath to a High Court judge. >>> Becky Barrow and Daniel Bates | Monday, July 26, 2010

Thursday, June 17, 2010

Facing Congressional Wrath, BP Chief Apologizes for Oil Disaster

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BP CEO Tony Hayward arrives on Capitol Hill in Washington, Thursday, June 17, 2010, to testify before the House Oversight and Investigations subcommittee hearing on "the role of BP in the Deepwater Horizon Explosion and oil spill. Photo:

FOX NEWS: In a congressional hearing Thursday that some have described as a public execution, BP chief executive Tony Hayward told Congress that he is "deeply sorry" for the oil disaster in the Gulf of Mexico.

Hayward's testimony came after members of the House Energy and Commerce Committee's oversight and investigations subcommittee took turns in a long-awaited public flogging intended to capture the outrage of the nation.

Hayward sat grim-faced before the panel, which is investigating the explosion that killed 11 workers and unleashed a flood of oil that has yet to be stemmed.

Lawmakers accused Hayward, who has come to represent charges of corporate arrogance and greed, of being oblivious to the risks of the company's deepwater operations.

Some of the sharpest criticism came from Rep. Bart Stupak, D-Mich.

"We are not small people. But we wish to get our lives back," he told Hayward. "I'm sure you'll get your life back, and with a golden parachute to England."

It was a reference to Hayward's much-criticized earlier remark that some day he hoped to get "my life back" and to comments on the White House driveway on Wednesday by BP Chairman Carl-Henric Svanberg that "we care about the small people" of the Gulf Coast.

Hayward sipped a beverage and jotted notes as one lawmaker after another scorched him. Read on and comment >>> | Thursday, June 17, 2010

The Associated Press contributed to this report.

Saturday, June 05, 2010

BP Oil Spill: The British Backlash Has Begun

THE TELEGRAPH: Could the US backlash against BP extend to other British companies, asks Tom Leonard

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Protest outside of the Washington DC headquarters of BP. Photograph: The Telegraph

When the US Interior Secretary Ken Salazar promised to keep “the boot on the neck of British Petroleum” over its giant Gulf of Mexico oil spill, the Republican Rand Paul rounded on the White House for being “really un-American” in attacking business.

If so, almost everyone is guilty of un-American activities, as the US has declared open season on the British oil giant. Just 50 yards up the street from The Daily Telegraph’s Manhattan office, the local BP petrol station had its sign daubed in paint the colour of drilling mud last week when 200 protesters turned up. “BP – a bunch of ----ing murderers!” said the message on a protester’s T-shirt. The chant was better: “BP, your heart is black, you can have your oil back.”

There have been similar protests at BP outlets across America and a call for a boycott which appears to have been roundly ignored. The demonstrations may be primarily anti-corporate and anti-oil but occasionally nationality of the corporation slips out. In New Orleans, a demonstrator stood on a Union flag. “We are all at the mercy of BP, a British-owned company,” wailed a Louisiana seaplane company boss in a letter to her senator after she was barred from taking US journalists to a possibly oily beach.

Notwithstanding the irony of a situation in which Americans are accusing a European corporation of putting “profits before people”, it is difficult to recall a more vicious backlash against a company here. The question of whether BP would have received so much vitriol if the initials had stood for, say, Boston Petroleum, has concerned those who worry about the implications for US-UK relations.

Although there is no sign of such a backlash at present, British officials in the US are concerned that if BP continues to fail to plug the leak or if it faces criminal charges, then other British businesses could suffer. >>> Tom Leonard | Saturday, June 05, 2010

Wednesday, June 16, 2010

Barack Obama Vows to Make BP Pay for Oil Spill 'Recklessness'

THE TELEGRAPH: President Barack Obama has vowed to "make BP pay" for not only the multi-billion dollar clean-up of the Gulf of Mexico but also the restoration of the region's economy, undertaking to force the British oil giant to set aside the money he believes it owes as "a result of [its] recklessness."



The US President, in his fiercest rebuke against the company in the 58 days since the Deepwater Horizon rig explosion 40 miles off the coast of Louisiana causing the catastrophic oil spill in the Gulf, promised to get tough with BP and to ensure that it meets all costs he believes it should pay.

In a direct attack on the company's dividend policy, Mr Obama said that BP must place the money needed to cover the as-yet unquantifiable costs in an independent "escrow" account to be run by a third party.

The staunch words – which came in Mr Obama's first national address from the historic Oval Office in the 18 months since he took office – came ahead of his crucial meeting with Carl-Henric Svanberg, BP's chairman, and Tony Hayward, its chief executive, at the White House later today.

"We will make BP pay for the damage their company has caused", he promised the millions of Americans who were expected to watch the televised prime-time address.

"I will meet with the chairman of BP and inform him that he is to set aside whatever resources are required to compensate the workers and business owners who have been harmed as a result of his company's recklessness," he continued.

"This fund will not be controlled by BP. In order to ensure that all legitimate claims are paid out in a fair and timely manner, the account must and will be administered by an independent, third party." >>> James Quinn, US Business Editor | Wednesday, June 16, 2010

Tuesday, April 29, 2014

Severe Weather Threatens Eastern US States


BBC: Severe weather is threatening as many as 73 million Americans in the eastern states, after two days of powerful storms killed up to 34 people.

Government forecasters have warned of severe thunderstorms from the Gulf of Mexico up to the Great Lakes.

On Sunday and Monday, tornadoes cut a broad track of death and destruction through the southern US states.

The storms flattened buildings, overturned cars, and left thousands of residents without power.

"Widespread thunderstorms are forecast across the central Gulf Coast region, with several severe [or] supercell storms possible," the National Weather Service wrote in a morning forecast.

More than two million people are said to be at risk of tornadoes and high winds in parts of Alabama and Mississippi on Tuesday.

As the storm moves further east, parts of Florida, Georgia, North Carolina and South Carolina are expected to be under threat of severe weather, forecasters say. (+ BBC videos) » | Tuesday, April 29, 2014

Tuesday, July 27, 2010

BP Oil Spill: Tony Hayward Replaced by Bob Dudley as Oil Giant Slumps to Record Loss

THE TELEGRAPH: Tony Hayward has resigned as chief executive of BP, after the energy giant announced a record $17bn loss this year on the Gulf of Mexico oil spill.



The oil company also said that Bob Dudley, the American in charge of BP’s oil spill response unit, will now take over on October 1 and lead the company through an accelerated programme of $30bn in asset sales. BP made “clean” profits of $5bn, stripping out the effect of inventory changes and exceptionals, but took a $32.2bn pre-tax charge on the oil spill.

This is made up of a $20bn compensation fund for victims, clean-up charges and provisions for funding costs. The “clean” profits are a 74pc rise in last year’s figure of $2.9bn, as a result of higher oil prices and more efficient operations. BP will now press ahead with becoming smaller and more profitable, selling $30bn of exploration and production assets in the next 18 months.

Mr Dudley will also have to navigate a criminal investigation into the spill, a slew of litigation and ward off rivals seeking to pounce on the company's trophy assets. Dudley, who ran BP's troubled Russian joint venture, TNK-BP, said last month that for BP to "remain strong and viable in the US, it has a great deal of work to do." >>> Rowena Mason | Tuesday, July 27, 2010

DAILY EXPRESS: BP Boss Tony Hayward Sent to Siberia in £12m Exit Deal: BP boss Tony Hayward is to be sent to Siberia in a £12million exit deal designed to quell outrage in the United States, it emerged last night. >>> Padraic Flanagan | Tuesday, July 27, 2010

Sunday, August 15, 2010

With Remarks on Mosque, Obama Enters Risky Debate

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Guests at a White House dinner on Friday, where the president commented on the proposed mosque in Lower Manhattan. Photograph: The New York Times

THE NEW YORK TIMES: PANAMA CITY, Fla. — Faced with withering Republican criticism of his defense of the right of Muslims to build a community center and mosque near ground zero, President Obama quickly recalibrated his remarks on Saturday, a sign that he has waded into even more treacherous political waters than the White House had at first realized.

In brief comments during a family trip to the Gulf of Mexico, Mr. Obama said he was not endorsing the New York project, but simply trying to uphold the broader principle that government should “treat everybody equally,” regardless of religion.

“I was not commenting, and I will not comment, on the wisdom of making the decision to put a mosque there,” Mr. Obama said. “I was commenting very specifically on the right people have that dates back to our founding. That’s what our country is about.”

But Mr. Obama’s attempt to clarify his remarks, less than 24 hours after his initial comments at a White House iftar, a Ramadan sunset dinner, pushed the president even deeper into the thorny debate about Islam, national identity and what it means to be an American — a move that is riskier for him than for his predecessors.

From the moment he took the oath of office, using his entire name, Barack Hussein Obama, as he swore to protect and defend the Constitution, Mr. Obama has personified the hopes of many Americans about tolerance and inclusion. He has devoted himself to reaching out to the Muslim world, vowing, as he did in Cairo last year, “a new beginning.”

But his “new beginning” has aroused nervousness in some, especially those who disagree with his counterterrorism policies, or those more comfortable with a vision of America as a white and largely Christian nation, and not the pluralistic melting pot Mr. Obama represents.

The debate over the proposed Islamic center in Manhattan only intensified on Saturday, as the conservative blogosphere lighted up with criticism of Mr. Obama, and leading Republicans — including Newt Gingrich, the former House speaker; Representative John A. Boehner, the House minority leader; and Representative Peter T. King of New York — forcefully rejected the president’s stance.

Mr. Gingrich accused the president of “pandering to radical Islam.” Mr. Boehner said the decision to build a mosque so close to ground zero was “deeply troubling, as is the president’s decision to endorse it.” And Mr. King flatly said the president “is wrong,” adding that Mr. Obama had “caved in to political correctness.”

Indeed, the criticism was so intense that the White House ultimately issued an elaboration on the president’s clarification, insisting that the president was “not backing off in any way” from the comments he made Friday night. >>> Sheryl Gay Stolberg | Saturday, August 14, 2010

Wednesday, March 31, 2010

Mission Destruction: Obama Opens Up East Coast for Oil Drilling

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The President is due to announce his plans later today in scheduled remarks on "energy security". Photograph: Times Online

TIMES ONLINE: President Obama will today announce plans to open huge swaths of the US coastline to oil and natural gas drilling, much of it for the first time.

The affected areas include 167 million acres (259,000 square miles) of ocean along the vast Atlantic coastline as well as eastern parts of the Gulf of Mexico and the north coast of Alaska.

The proposals, which Mr Obama is due to announce later today at Andrews Air Force Base near Washington in scheduled remarks on "energy security", are designed to reduce America's dependence on imported oil.

But The New York Times said it was far from clear whether they would achieve their more immediate political aim: winning crucial Republican support for energy and climate change legislation due to go before the Senate in the next few weeks.

"While Mr Obama has staked out middle ground on other environmental matters — supporting nuclear power, for example — the sheer breadth of the offshore drilling decision will take some of his supporters aback," the newspaper reported.

"And it is no sure thing that it will win support for a climate bill from undecided senators close to the oil industry, like Lisa Murkowski, Republican of Alaska, or Mary L Landrieu, Democrat of Louisiana."

The proposals would end a longstanding moratorium on East Coast exploration for natural resources, a move that would please oil companies but is likely to outrage environmental groups and residents of coastal areas. >>> Times Online | Wednesday, March 31, 2010

THE NEW YORK TIMES: Obama to Open Offshore Areas to Oil Drilling for First Time >>> John M. Broder | Tuesday, March 30, 2010

Sunday, March 04, 2012

BP Reaches £4.9bn Gulf Oil Spill Deal

THE DAILY TELEGRAPH: BP has agreed to pay $7.8bn (£4.9bn) to American businesses hit by the Gulf of Mexico oil spill in an eleventh-hour deal that's likely to be welcomed in the City of London on Monday.

The UK oil company will pay damages to the thousands of hoteliers, shrimpers and oystermen along the Gulf Coast who were caught up in America's worst oil spill. The settlement follows a week of intense talks in New Orleans between lawyers for the local businesses and BP's legal team.

Following the agreement, US District Judge Carl Barbier delayed for a second time the trial into who should shoulder the blame for the explosion that killed 11 people and injured many more in April 2010. The trial had been rescheduled to start tomorrow after Judge Barbier had given BP another week to find a deal.

"The proposed settlement represents significant progress toward resolving issues from the accident and contributing further to economic and environmental restoration efforts along the Gulf Coast," said Bob Dudley, BP's chief executive. » | Richard Blackden, New York | Saturday, March 03, 2012

Sunday, August 14, 2022

The Coming California Megastorm

THE NEW YORK TIMES: A different ‘Big One’ is approaching. Climate change is hastening its arrival.

California, where earthquakes, droughts and wildfires have shaped life for generations, also faces the growing threat of another kind of calamity, one whose fury would be felt across the entire state.

This one will come from the sky.

According to new research, it will very likely take shape one winter in the Pacific, near Hawaii. No one knows exactly when, but from the vast expanse of tropical air around the Equator, atmospheric currents will pluck out a long tendril of water vapor and funnel it toward the West Coast.

This vapor plume will be enormous, hundreds of miles wide and more than 1,200 miles long, and seething with ferocious winds. It will be carrying so much water that if you converted it all to liquid, its flow would be about 26 times what the Mississippi River discharges into the Gulf of Mexico at any given moment.

When this torpedo of moisture reaches California, it will crash into the mountains and be forced upward. This will cool its payload of vapor and kick off weeks and waves of rain and snow. » | Raymond Zhong | Graphics by Mira Rojanasakul | Photographs by Erin Schaff | Friday, August 12, 2022

Saturday, June 26, 2010

Come Join the Party! We’re Having Lots of Fun

THE TELEGRAPH: The G8 leaders said it was important to accelerate efforts to make sure the Afghanistan's own security forces can "assume increasing responsibility within five years."

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The Prime Minister and the President are expected to discuss BP and the Gulf of Mexico oil spill. Photo: The Telegraph

The leaders of the world's eight top industrial democracies also condemned the alleged sinking by North Korea of a South Korean warship and calling on Iran to do more to respect human rights.

The countries — the U.S., Britain, France, Germany, Italy, Canada, Japan and Russia — added that current tensions in Gaza were "unsustainable."

But the joint statement by the so-called Group of Eight powers did not go as far as some nations, including the United States and Japan, wanted.

The joint statement was released at the end of a meeting in Canada of the eight powers and before a larger group of 20 nations convenes that also includes fast-growing economies like China.

The leaders turned to foreign policy matters after finding themselves at odds on how to continue to spur world economic growth in the aftermath of the worst recession since the 1930s. The countries were divided over whether to continue government stimulus spending, as the United States wants, or to cut mushrooming deficits, as Europe and Japan want. G8 sketch out a five-year exit strategy on Afghanistan >>> | Saturday, June 26, 2010