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June 16th, 2010

BP chief apologizes for “small people” remark (Reuters)

Reuters - BP Chairman Carl-Henric Svanberg on Tuesday apologized for speaking "clumsily" by referring to those hurt by his company's oil spill as "small people."

June 16th, 2010

BP agrees to $20 billion spill fund, cuts dividend (Reuters)

President Barack Obama addresses the nation from the Oval Office at the White House in Washington in this television frame grab June 15, 2010. REUTERS/Reuters TVReuters - Under intense pressure from President Barack Obama, BP Plc agreed on Wednesday to set up a $20 billion fund for damage claims from its huge Gulf of Mexico oil spill and suspended dividend payments to its shareholders.


June 16th, 2010

Spill coverage barriers remain despite promises (AP)

Pro-volleyball player Gaby Reece smells oil from from the Deepwater Horizon spill on the glove of her husband surfer Laird Hamilton in the Barataria Bay, Wednesday, June 16, 2010, near Grand Isle, La.  (AP Photo/Charlie Neibergall)AP - Journalists covering the Gulf of Mexico oil spill have been yelled at, kicked off public beaches and islands and threatened with arrest in the nearly three weeks since the government promised improved media access.


June 16th, 2010

Despite spill, most Americans back offshore drilling (Reuters)

Reuters - Most Americans still support offshore drilling and believe it is critical to making the U.S. competitive, despite the growing oil spill along the Gulf coast, a new poll showed on Wednesday.

June 16th, 2010

Sources: BP agrees to $20B fund for spill victims (AP)

BP Chief Executive Officer Tony Hayward, left, BP America Chairman Lamar McKay, center, BP Chairman Carl-Henric Svanberg, second from right, and other BP representatives, arrive at the White House in Washington, Wednesday, June 16, 2010, for a meeting with President Barack Obama. (AP Photo/Susan Walsh)AP - BP will set aside $20 billion to pay the victims of the massive oil spill in the Gulf, senior administration officials said Wednesday, a move made under pressure by the White House as the company copes with causing the worst environmental disaster in U.S. history.



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