Fury and despair as BP admits oil could leak for months

Obama administration warns that the most environmentally disastrous spill in US history may continue until August.

//www.guardian.co.uk/environment/2010/may/30/bp-oil-spill-deepwater-horizon



BP shares plunge on oil spill fears

The company's shares fell close to 17 per cent in trading in London, wiping $23bn off BP's market value after weekend news that its latest attempt to plug its blown-out seabed had failed.

//english.aljazeera.net/news/americas/2010/06/201061133422618517.html



BP hit by avalanche of compensation claims over US oil spill

The suits include claims for loss of earnings, loss of enjoyment or property, or for bereavement suffered by families of the 11 workers killed when BP's Deepwater Horizon rig caught fire and sank on 30 April.

//tinyurl.com/2a59vkb


From Information Clearing House

--------

Big Oil 'bristling' at effect of six-month ban
//www.ufppc.org/us-a-world-news-mainmenu-35/9680/



//freepage.twoday.net/search?q=Obama
//freepage.twoday.net/search?q=oil+spill
//freepage.twoday.net/search?q=drilling
//freepage.twoday.net/search?q=Big+Oil
//freepage.twoday.net/search?q=British+Petroleum

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