BP Spent $93M On Post-Spill Advertising
WASHINGTON — Oil giant BP says it has spent more than $5 million a week on advertising since the Gulf Coast oil spill – more than three times the amount it spent on ads during the same period last year.
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'Static Kill' Appears To Be Going Well
A leader of the operation to plug up the blown-out oil well at the bottom of the Gulf of Mexico says the process is going well.
Insurance Company Coalition Pledges to Help Gulf Coast Wildlife Affected by BP Oil Spill
HomeInsurance.com) — With the help of Safeco, Foremost and Progressive insurance companies, HomeInsurance.com has pledged to donate to the National Wildlife Federation’s Gulf Oil Spill fund, $5 for every new customer that purchases a home insurance policy through them in August 2010.
House OKs new standards for offshore drilling
WASHINGTON (MarketWatch) — Companies that drill for oil in U.S. waters would be required to pay 100% of spill-related damages under a bill approved Friday in the House of Representatives. Written in response to the BP oil spill, the bill removes a $75 million liability cap now in place; requires independent certification of equipment and sets up other new offshore-drilling standards; and …
Official: BP CEO Being Replaced Over Spill
NEW ORLEANS — A senior U.S. government official says BP Chief Executive Tony Hayward, under fire for his handling of the Gulf oil spill, is being replaced.