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By Angel Gonzalez Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--U.S. Representative Ed Markey (D, Ma.) said Sunday that BP Plc's (BP) worst-case scenario for the Deepwater Horizon oil spill estimated a potential leak of 100,000 barrels of oil a day. The scenario, described in a two-page BP
20 Jun 10 18:12("BP: Recovered 21,040 Barrels Of Oil At Spill Site On Saturday," at 10:52 a.m. EMT, misstated the amount of natural gas flared in the first paragraph. The correct version follows:) By Angel Gonzalez Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--BP PLC (BP, BP.LN) said Sunday it captured a
20 Jun 10 18:06By Angel Gonzalez Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--BP PLC (BP, BP.LN) said Sunday it captured about 21,040 barrels of oil and flared 43.4 million feet of natural gas on Saturday from a mile-deep leak in the Gulf of Mexico. The decreased rate, lower than Thursday's record of mo
20 Jun 10 15:52(Updates with additional comments) WASHINGTON (AFP)--The White House on Sunday slammed BP PLC (BP, BP.LN) Chief Executive Tony Hayward's attendance at a yachting race as an ill-timed "big mistake," with the livelihoods of Gulf of Mexico residents still threatened by a massive oil spill. Whi
20 Jun 10 15:05WASHINGTON (AFP)--The White House on Sunday slammed a yachting holiday by BP PLC (BP, BP.LN) Chief Executive Tony Hayward as "a big mistake," amid continuing criticism of his handling of the Gulf of Mexico oil spill. (END) Dow Jones Newswires June 20, 2010 09:34 ET (13:34 GMT)
20 Jun 10 14:34LONDON (Dow Jones)--Embattled oil company BP PLC (BP) said Sunday that it hasn't decided whether to sue Anadarko Petroleum Corp. (APC) for shirking responsibility for its share of the liabilites resulting from the Gulf of Mexico oil spill. When asked whether BP will sue Anadarko, BP spokesman An
20 Jun 10 14:02LONDON (Dow Jones)--Embattled oil company BP PLC (BP) plans to raise $50 billion to cover the cost of the Gulf of Mexico oil spill, more than twice the amount previously disclosed, The Sunday Times reports without citing sources. The board of directors approved the plan last week, the newspaper
20 Jun 10 13:04The Chancellor, George Osborne, is expected to deliver on Tuesday one of the harshest Budgets in decades, as he attempts to grapple with the bloated public-sector debt legacy left by Labour. Sources close to Mr Osborne said this week's emergency Budget had been finalised by Friday, breaking with the
20 Jun 10 12:11(Updates with BP's rate of oil, gas recovery for first half of Sunday) By Angel Gonzalez Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--BP PLC (BP, BP.LN) said it recovered about 11,070 barrels of oil and flared 23.2 million cubic feet of natural gas from a mile-deep leak in the U.S. Gulf o
20 Jun 10 00:31(Updates with more details and comments from Plaquemines Parish President Billy Nungesser about relief efforts and a response from BP) HOUSTON (Dow Jones)--BP Plc (BP, BP.LN) said that a large drillship that stopped collecting oil overnight due to a malfunction resumed operations early Saturday.
19 Jun 10 21:20LONDON (AFP) -- BP Plc (BP, BP.LN) Chief Executive Tony Hayward on Saturday attended a prestigious yacht race in Britain, media reported, the day after it was confirmed he was handing over daily control of the Gulf of Mexico oil spill. The story sparked fury from environmental groups in Britain,
19 Jun 10 19:08HOUSTON (Dow Jones)--BP Plc (BP, BP.LN) said a large drillship that stopped collecting oil overnight due to a malfunction resumed operations early Saturday. The Discoverer Enterprise, a drillship that collects oil and flares natural gas from a mile-deep well in the Gulf of Mexico through a long
19 Jun 10 18:52HOUSTON (Dow Jones)-- BP Plc (BP, BP.LN) said Saturday that the rate at which it recovered oil leaking from a mile-deep well in the Gulf of Mexico Friday was slightly reduced due to a malfunction on the larger of the two collecting vessels. The company said that a flame arrestor--a device engine
19 Jun 10 16:08By Jacob Gronholt-Pedersen Of DOW JONES NEWSWIRES ST PETERSBURG (Dow Jones)--The oil spill in the Gulf of Mexico will most likely lead to tighter rules for drilling in the Niger Delta, but stronger regulation won't pose a threat to the attractiveness of foreign investments in the region, an
19 Jun 10 13:48By Jared A. Favole Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--President Barack Obama on Saturday used his weekly radio address to blast Republicans for blocking attempts to allow votes on legislation that would extend jobless benefits and raise the liability for oil companies that harm t
19 Jun 10 11:00
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