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are preparing to collect tens of thousands of endangered sea turtle eggs

U.S. wildlife experts are preparing to collect tens of thousands of endangered sea turtle eggs and move them hundreds of miles away in an unprecedented bid to protect them from the BP Plc oil spill in the Gulf of Mexico.

Plans call for relocating 700 to 800 clutches of eggs left newly buried on the sandy beaches . . . → Read More: are preparing to collect tens of thousands of endangered sea turtle eggs

$100 million a day

Image via Wikipedia

BP said it had spent $300 million on its Gulf of Mexico oil spill response effort in the past three days, hitting the $100 million/day spend rate for the first time and bringing its total bill to $2.65 billion so far.

Green Business  |  Gulf Oil Spill

The figures, which BP released in a statement on Monday, include . . . → Read More: $100 million a day

stormy weather raised fears that clean-up operations could be disrupted

President Barack Obama and British Prime Minister David Cameron were expected to discuss London-based BP Plc and the Gulf of Mexico oil spill on Saturday as stormy weather raised fears that clean-up operations could be disrupted.

U.S.  |  Green Business  |  Gulf Oil Spill

The oil spill, the worst in U.S. history, is overshadowing the first meeting between Obama and Cameron since . . . → Read More: stormy weather raised fears that clean-up operations could be disrupted

BP market value halved

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BP Plc stock hit a 14-year low on Friday and its credit weakened sharply on talk it needs extra cash to fund the clean-up and compensation bill for the worst oil spill in U.S. history.

U.S.  |  Green Business  |  Gulf Oil Spill

Total share losses for the embattled oil major since the ecological disaster began on April 20 stand . . . → Read More: BP market value halved

workers found an oil-covered dolphin stranded on the shore

Florida saw its worst impact yet from the BP oil spill as thick oily sludge washed ashore on Pensacola Beach on Wednesday and emergency workers found an oil-covered dolphin stranded on the shore.

U.S.  |  Green Business

State emergency workers said the pudding-like mixture covered 3 miles of Pensacola Beach, a barrier island that is part of the Gulf Islands . . . → Read More: workers found an oil-covered dolphin stranded on the shore

Oil gushed largely unchecked from BP’s ruptured Gulf of Mexico well on Wednesday after a collision involving

Image via Wikipedia

Oil gushed largely unchecked from BP‘s ruptured Gulf of Mexico well on Wednesday after a collision involving an undersea robot halted efforts to contain the worst oil spill in U.S. history.

U.S.  |  Green Business  |  Gulf Oil Spill

While the energy giant struggled to restart its oil collection operation, the U.S. government said it would impose a more flexible . . . → Read More: Oil gushed largely unchecked from BP’s ruptured Gulf of Mexico well on Wednesday after a collision involving

A judge on Tuesday overturned the Obama administration’s six-month ban on deepwater drilling

A judge on Tuesday overturned the Obama administration‘s six-month ban on deepwater drilling, complicating its efforts to improve oil industry safety after the worst oil spill in U.S. history.

U.S.  |  Green Business  |  COP15  |  Barack Obama  |  Gulf Oil Spill

The White House said it would appeal the judge’s ruling, issued in a court case in New Orleans.

It came as a new Reuters/Ipsos poll . . . → Read More: A judge on Tuesday overturned the Obama administration’s six-month ban on deepwater drilling

Gulf of Mexico oil spill could be about 100,000 barrels of oil per day

BP Plc estimates that a worst-case scenario rate for the Gulf of Mexico oil spill could be about 100,000 barrels of oil per day, according to an internal company document released Sunday by a senior U.S. congressional Democrat.

U.S.  |  Green Business  |  Barack Obama  |  Gulf Oil Spill

Its estimate of up to 100,000 barrels (4.2 million gallons/15.9 million liters) of oil per . . . → Read More: Gulf of Mexico oil spill could be about 100,000 barrels of oil per day

Residents of the Gulf Coast braced for more oil from a ruptured BP Plc well to hit their beaches

Residents of the Gulf Coast braced for more oil from a ruptured BP Plc well to hit their beaches on Sunday as oil washed ashore at Panama City, a popular Florida tourist destination.

Green Business  |  Barack Obama  |  Gulf Oil Spill

The city’s beaches remained open after clean-up crews removed the tar balls from shore, authorities said. Even so, the sight . . . → Read More: Residents of the Gulf Coast braced for more oil from a ruptured BP Plc well to hit their beaches

BP plans to purchase 32 centrifugal oil-and-water separators built by a company backed by Kevin Costner

Image via Wikipedia

BP plans to purchase 32 centrifugal oil-and-water separators built by a company backed by Kevin Costner, the actor‘s business partner told the Los Angeles Times.

Ocean Therapy Solutions has increased production to get the devices to the Gulf of Mexico, the paper said. All the company needs now is money.

“Kevin has spent 15 years and . . . → Read More: BP plans to purchase 32 centrifugal oil-and-water separators built by a company backed by Kevin Costner

President Barack Obama will press BP executives this week to set up an escrow account

President Barack Obama will press BP executives this week to set up an escrow account to pay damage claims by individuals and businesses hurt by the Gulf of Mexico oil spill disaster.

U.S.  |  Green Business  |  Gulf Oil Spill

The move comes as Obama, who will address the nation about the spill on Tuesday night, faces questions on his handling of . . . → Read More: President Barack Obama will press BP executives this week to set up an escrow account

“whose ass to kick” over the Gulf of Mexico oil spill

President Barack Obama said he wanted to know “whose ass to kick” over the Gulf of Mexico oil spill, adding to the pressure on energy giant BP Plc as it sought to capture more of the leak from its gushing well.

U.S.  |  Green Business  |  Gulf Oil Spill

In an interview with NBC News’ “Today” aired on Tuesday, Obama also said . . . → Read More: “whose ass to kick” over the Gulf of Mexico oil spill

Spilled oil is now looming off white sand tourist beaches in northwest Florida

Image by [ Mooi ] via Flickr

Shares of BP Plc gained Monday after it announced progress in containing its Gulf of Mexico oil leak but the energy giant still faced tough questions from investors and U.S. lawmakers as the spill threatened more of the U.S. Gulf coast.

U.S.  |  Green Business  |  Gulf Oil Spill

Spilled oil is now looming off white . . . → Read More: Spilled oil is now looming off white sand tourist beaches in northwest Florida

BP chief vows to stay

Image by elycefeliz via Flickr

BP chief vows to stay

An exhausted oil-covered brown pelican sits in a pool of oil along Queen Bess Island Pelican Rookery, 3 miles (4.8 km) northeast of Grand Isle,

 BP Chief Executive Tony Hayward said he did not plan to quit over the massive Gulf of Mexico oil spill, as the energy giant’s . . . → Read More: BP chief vows to stay

Green investors pull out of BP

Not long ago BP ( BP – news – people ) was something of an oddity on Wall Street: an oil giant whose apparent commitment to lessening the impact of its operations on the environment made it appealing to the growing number of “socially responsible” investors.

What a difference two months make. Since the explosion at the . . . → Read More: Green investors pull out of BP

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