Oil spill

BP Optimistic over Static Kill
WASINGTON (GaeaTimes.com) - This morning BP's 'Static Kill' procedure reached a milestone when BP Oil Company pumped mud into the leaking oil well.

LONDON - Its chairman is Swedish, a growing chunk of its revenue comes from Russia and its incoming chief executive speaks with an American accent.
BP taps new American CEO, reports $17 billion loss
NEW ORLEANS - The American picked to lead oil giant BP as it struggles to restore its finances and oil spill-stained reputation pledged Tuesday that his company will remain committed to the Gulf region even after the busted well is sealed.

NEW YORK - BP shares dipped 2 percent Tuesday after the company announced plans to shed more assets to pay for the Gulf of Mexico oil spill.

MOSCOW - Tony Hayward is poised to move to a new job as a non-executive board member with few direct responsibilities at BP PLC's Russia venture, TNK-BP.
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