Though it doesn’t solve everything, the fact that surface oil is dissipating will reduce the risk of oil washing ashore or hurting more animals.
BP
Robert Dudley, BP’s New CEO
BP announced Tuesday Robert Dudley would be the company’s next CEO, replacing Tony Hayward. Find out more about the first non-Brit to take BP’s helm.
Quotes: Journalist Tom Bower on Tony Hayward’s Inevitable BP Departure
“He knew what had to be done, but he didn’t do it properly. He was too slow; he wasn’t inspired; he wasn’t focused enough,”
— TOM BOWER, journalist, on why Tony Hayward’s departure from his role as BP’s Chief Executive was …
Report: Tony Hayward Gets $18 Million for the Road
Here’s hoping that parachute can float with all that gold attached.
Hayward Out? BP Board to Rule on Embattled Exec
Rumors abound that BP will remove Tony Hayward as its CEO. The company’s board will meet tonight, potentially to discuss his fate.
BP: Hayward Isn’t Going Anywhere
A BP spokesman denied reports that CEO Tony Hayward planned to step down.
Pay Up: BP to Face Huge Oil-Spill Fines
BP has already pledged $20 billion to assist those affected by the oil spill. But that’s not all they’ll have to fork over.
Federal Official: Seep Found Near Oil Well Cap
Thad Allen, oil spill response director for the federal government, said testing revealed a seep, located “a distance from the well.” Is the well damaged? (via Ecocentric)
Obama Pleased With Oil Flow Stoppage, But Cautious
A day after BP placed a new cap over its mile-deep underwater oil leak, discovering that so far it’s working, President Obama spoke briefly, saying in Washingtonese, “whew!”
Good News: BP Strikes Success, Stops Oil Leak
Newsfeed was going to be really cheeky in the way this post was to be written. But right in the middle of our smart alecky wordsmithing, BP announced that the current attempt to cap the three-month old undersea gusher deep …
Vuvuzela Revenge! BP Gets Buzzed
Two weeks ago, Brooklyn-based video producer Adam Quirk began a fund raising campaign meant to bring about one day’s steady annoyance to BP’s top execs. Yesterday, ear-splitting justice was served as a group of volunteers played …
Equipment Leak Hampers BP’s Latest Effort to Stop Oil Spill
These days, oil spill news seems to repeat itself — BP delays test after test after yet another setback. The latest delay in stopping the oil spill? A leak, this time in equipment.