BP Plc’s newly named chief executive Tuesday called the Gulf oil spill a “wake-up call” for the entire industry as the company tallied up its losses and disclosed two U.S. investigations. Bob Dudley, who will replace gaffe-prone Tony Hayward as …
British energy giant BP Plc is holding up payments to economic victims of the Gulf of Mexico oil spill, Kenneth Feinberg, administrator of a $20 billion compensation fund, said Saturday. “I have a concern that BP is stalling claims. Yes, …
In 2006, Worldwide Interiors, a Canal Road furniture importer, had a banner year with sales of $520,000, including $90,000 that June. Last year, amid south Baldwin County’s deflated real estate market, sales dipped to about $330,000, including $21,000 in June, …
The two oil companies that are BP’s partners in the now-capped oil well told Congress Thursday they will not set aside money for cleanup costs along the Gulf Coast because it is BP’s responsibility. Anadarko Petroleum Corp. and MOEX, a …
BP Plc oil spill workers in the Gulf of Mexico prepared for a possible evacuation Thursday as a tropical storm threatened more delays in attempts to end the environmental disaster. The U.S. National Hurricane Center said Tropical Storm Bonnie, the …
The House passed legislation this week that promotes new ways to clean up oil spills and aims to make deepwater drilling safer. The two measures responding to the BP oil spill in the Gulf of Mexico cleared the House by …
Tropical Storm Bonnie barreled toward south Florida Friday on a track that was expected to take it over the site of BP Plc’s massive oil spill in the energy-rich Gulf of Mexico by Saturday afternoon. The fast-moving storm was due …
Rates for workers’ compensation insurance continue to decrease in Louisiana based on a recent report from the National Council on Compensation Insurance (NCCI), according to Louisiana Commissioner of Insurance Jim Donelon. NCCI analyzes workers’ compensation rates in 35 states. Most …
Fishermen in Mississippi say they are angry that under the terms of BP’s $20 billion oil spill fund, money they earn doing clean-up will be subtracted from their claim against the company. The fishermen reacted after Kenneth Feinberg, the federal …
In the blink of an eye, the economic focus in Louisiana has shifted from recession recovery to avoiding actual and potential job losses piling up at a staggering rate. And there’s very little that the state can do: The tally …
