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WASHINGTON (AFP)--A U.S. Senate panel Thursday categorically denied having asked former U.K. Prime Minister Tony Blair to testify about whether BP PLC (BP) lobbied for the release of the Lockerbie bomber. "Tony Blair has not been invited to testify. Any such indication was made in error," Senate
Read moreDOW JONES NEWSWIRES A tropical depression that has been heading toward the site of the BP PLC (BP.LN, BP) oil spill in the Gulf of Mexico became Tropical Storm Bonnie on Thursday evening, the National Hurricane Center reports. The storm's maximum sustained winds were measured at 40 miles per ho
Read more(Updates with comments from BP executive) By Jason Womack and Susan Daker Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--BP PLC (BP, BP.LN) said Thursday that leaving the shut-in Deepwater Horizon oil well unattended is safe in the case responders have to evacuate for several days to escape
Read more(Updates with context and further details) By Taos Turner Of DOW JONES NEWSWIRES BUENOS AIRES (Dow Jones)--U.K. oil giant BP PLC (BP, BP.LN) has decided to sell its stake in Argentine unit Pan American Energy and is in talks with Argentina's Bridas Corp., a person familiar with the negot
Read moreBy Tennille Tracy Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--U.S. lawmakers are pressing Anadarko Petroleum Corp. (APC) and MOEX Offshore 2007 LLC to start paying some of the costs related to the Gulf of Mexico oil spill and to set aside money for future expenses. As minority invest
Read more(Updates with additional background, comments from BP executive) By Susan Daker and Angel Gonzalez Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--The U.S. government could decide as early as Thursday evening whether to evacuate vessels working on oil-spill recovery as the third tropical dep
Read moreBy Jason Womack Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--The final days of a massive U.S. Gulf of Mexico oil spill seem close at hand, prompting optimism for investors in oil-field service companies that took a major hit at the beginning of the Deepwater Horizon incident. But these compan
Read moreBy Taos Turner Of DOW JONES NEWSWIRES BUENOS AIRES (Dow Jones)--U.K. oil giant BP PLC (BP, BP.LN) has decided to sell its stake in Argentine unit Pan American Energy and is in talks with Argentina's Bridas Corp., a person familiar with the negotiations said Thursday. Reports have put the
Read moreBy Susan Daker and Angel Gonzalez Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)--If a tropical depression continues to head for the Gulf of Mexico and gains strength Thursday night, then the U.S. government may order an evacuation of drill ships and other vessels working at the site of the BP P
Read moreBy Jared A. Favole Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--President Barack Obama and his family will travel in August to Florida's Gulf Coast, which has had oil from BP Plc's (BP, BP.LN) Gulf of Mexico spill wash onshore. It's unclear where on Florida's coast the family will visi
Read moreThe BP oil spill could cost the Gulf region almost $23 billion in lost travel and tourism revenue with its effect lasting up to three years, according to a study released Thursday by Oxford Economics and the U.S. Travel Association. To help an area where some 400,000 jobs are reliant on tourism,
Read moreNEW ORLEANS (AFP)--The U.S. government and BP PLC (BP, BP.LN) on Thursday started evacuating "specialized vessels" working on the Gulf of Mexico oil spill due to a looming storm, the Coast Guard said. "The protection of the equipment and crew is paramount to ensure maximum ability to respond to
Read moreBy Patrick Fitzgerald Of DOW JONES DAILY BANKRUPTCY REVIEW The tab for unwinding investment bank Lehman Brothers Holdings Inc. (LEHMQ) in bankruptcy climbed to $846.9 million in June as the army of bankruptcy lawyers, consultants and financial advisers rung up another $41.6 million in fees.
Read moreWASHINGTON (AFP)--The storm threatening the Gulf of Mexico oil spill recovery efforts has intensified and decisions will be made later Thursday on whether to evacuate staff and remove the cap sealing the well, the White House said. "Right now, we have a trajectory that puts it into the Gulf," sa
Read moreSevere Weather Response Plan in Place for Oil Spill Response 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 Opportunity Progr
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