Oil
| mr.white |
 Posted: Tue, 01/06/2010 - 12:46am
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Anyone been following this? http://www.google.com/hostednews/ap/article/ALeqM5i-yfHJzPLDeBIhG5JDEF6VbaPR8QD9G2312G7 They've been asking the public for ideas? WTF. One thing they tried was golf balls to block the leak |
| Hanto |
Posted: Tue, 01/06/2010 - 10:28am
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Yeah they tried to fire them at it, I can't remember what they called the technique. Apparently it may carry on like this until august. BP is paying for the whole thing right? |
| Crazy Joe Davola |
Posted: Tue, 01/06/2010 - 10:46am
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http://www.flickr.com/photos/pozland/3046767779/ |
| ross |
Posted: Tue, 01/06/2010 - 1:10pm
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BP is paying for the whole thing right? BP covering the cost which is edging close to €1bn according to the Times today. BP stock fell by 14pc this morning. |
| EVERS |
Posted: Tue, 01/06/2010 - 1:33pm
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Ahem - BP's INSURERS, will be paying for the clean up. |
| ross |
Posted: Tue, 01/06/2010 - 2:10pm
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Ahem - BP's INSURERS, will be paying for the clean up. Serious question - do BP insure with a third party? I just assumed they'd self insure or maybe have a captive insurance company (therefore ultimately footing the bill). Edit:
BP, which had no external insurance in place for the accident, is trying to claim up to $700 million through a policy held by Transocean, the owner of the Deepwater Horizon rig that BP has blamed for the April 20 blast. A spokesman for BP said: “We believe we may be entitled to coverage for the incident under Transocean’s insurance.” [26/5/2010] |
| EVERS |
Posted: Tue, 01/06/2010 - 2:11pm
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Ahem - BP's INSURERS, will be paying for the clean up. Serious question - do BP insure with a third party? I just assumed they'd self insure or maybe have a captive insurance company (therefore ultimately footing the bill). both captive and t/p |
| mr.white |
Posted: Wed, 02/06/2010 - 11:18am
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golf technique = top kill they're saying it's "the biggest environmental disaster" ever in the US but it's hardly on the news
Meanwhile at least 12,000 barrels (504,000 gallons) are leaking into the Gulf every day. BP has spent more than $940m (£645m) so far in trying to contain the disaster. 12,000 barrels is $1m a day http://news.bbc.co.uk/1/hi/world/us_and_canada/10194335.stm |
| CovOne |
Posted: Wed, 02/06/2010 - 11:21am
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Some great/bad pics of the spill http://www.boston.com/bigpicture/2010/05/oil_reaches_louisiana_shores.html |
| mr.white |
Posted: Wed, 09/06/2010 - 11:41pm
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those pictures are impressive. side story: The chief executive of BP sold £1.4 million of his shares in the fuel giant weeks before the Gulf of Mexico oil spill caused its value to collapse.
Tony Hayward cashed in about a third of his holding in the company one month before a well on the Deepwater Horizon rig burst, causing an environmental disaster. Mr Hayward, whose pay package is £4 million a year, then paid off the mortgage on his family’s mansion in Kent, which is estimated to be valued at more than £1.2 million. His decision, however, means he avoided losing more than £423,000 when BP’s share price plunged after the oil spill began six weeks ago. Although I read on another forum that Executives do this sort of stuff every month. Also.. average spillage per year is quite interesting.. |
| fontelroy |
Posted: Thu, 10/06/2010 - 1:56am
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that tony haward fellas son is in the halls just down the hill from me at bristol (hiatt baker for mr.p's interest) met him a couple of times and he seems alrite |
