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The Gaston Gazette in Gastonia, North Carolina

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

The Gaston Gazette

Location

Gastonia, North Carolina, United States of America

Date

Jun 18, 2010

Page

4

BP profits and Gulf spill fund dwarfed by vast reserves

Gulf Roundup notes BP holds 18 billion barrels of proven reserves, enough to supply the U.S. for two years. The company reports 17 billion dollars in yearly profit, far surpassing Apple and Google, with modest debt levels despite investor concerns over a 20 billion dollar Gulf spill settlement.

New York United States Apple Googie White House Gulf U.S Bruce Lanni Nollenberg Capital Partners Wall Street Google Morgan City Charlie Louisiana Atchafalaya Barack Obama Gulf of Mexico Rodney Phillips Angie Texaco Phillips Venice Grand Isle

BP reports oil capture on June 16 from flare system

BP says it captured 179000 barrels since June 3 after a second burn-off flare came online on June 16. Leaked oil from the rig sinking April 22 totals between 2.0 and 3.4 million barrels. Source: BP Cee Command. Graphic: Judy Treible.

Cee Judy Treible

BP Chief Faces Congress as Gulf Crisis Deepens

BP chief Tony Hayward defended his role saying he was not in the loop while oil surged into the Gulf. Lawmakers from both parties blasted the company as Rep. Bart Stupak led a hostile inquiry. Republican Rep. Joe Barton apologized for pressuring BP and later called the fund a shakedown before retracting.

Washington Gulf Tony Hayward Congress Gulf of Mexico Hayward Henly House Bart Stupak Joe Barton Ressure Barack Obama Gulf of Mexico States Ther Sto Itol Poli Diane Wilson

Also Mentioned on This Page

Ricuw Barton U. Is. Cess Ovat Myrtle Grove Rockport Cape Noble Morwen Browl Taylormade Reynolds Plantation Sga FNC Middlebourough Tolegal “Fy Dramatic Nace Reet
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