News Strict Blogs

The Newsroom - Well, that was fast. Barely 10 minutes into Thursday's landmark congressional testimony — where BP CEO Tony Hayward and other leading company executives are revisiting the Gulf Coast oil spill before a subcommittee of the House Energy and Commerce Committee — the first controversial statement has entered the record.

AP - Chastened by heavy criticism from lawmakers, a grim-faced BP chief executive Tony Hayward insisted Thursday he was "devastated with this accident" in the Gulf of Mexico and denied shunning probing questions from Congress on the nation's worst oil spill.

Reuters - Angry U.S. lawmakers hammered BP Chief Executive Tony Hayward at a congressional hearing on Thursday, accusing his company of taking "extreme risks" that triggered the worst oil spill in U.S. history.

AFP - BP boss Tony Hayward vowed Thursday the British energy giant would repair the economic and environmental devastation caused by the Gulf of Mexico oil spill as he was quizzed by irate lawmakers.

AP - A leading House Republican accused the White House Thursday of a "$20 billion shakedown" of oil giant BP by requiring the company to establish a huge fund to compensate those hurt by the Gulf Coast oil spill.