BP finishes pumping cement in final stage of 'static kill'

BP has finished pumping cement into the blown-out Macondo well in the Gulf of Mexico as part of its efforts to permanently plug the source of the nation's worst oil spill, the company said Thursday. Engineers started the cementing operation at 10:15 a.m. EDT and completed it at 3:15 EDT. It was the second step in the "static kill," in which heavy mud was first pumped into the well from the surface to stop it from leaking crude into the gulf. BP...

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Waste from BP oil spill cleanup has gulf residents near landfills concerned

GRAND ISLE, LA. -- The pile of soiled boom sitting more than four feet high and cooking under the summer sun at an abandoned shipyard here will be a part of the oil spill that endures. As beach cleanup is scaled down, the fate of all the oily trash created and collected along the Gulf Coast is causing a raging debate that BP and federal officials are trying hard to curb. "We're getting all kinds of complaints from people," said Burnell Tolbert,...

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BP names Dudley as CEO, announces $17 billion loss

BP gave investors a glimpse of its future Tuesday, one that will feature a new American chief executive, slimmed-down operations, and $32.2 billion or more in payments to clean up and compensate people affected by the massive oil spill in the Gulf of Mexico. In announcing its second-quarter earnings, the London-based oil giant tried to walk a line between reassuring bankers and investors about its vast assets and financial strength, and avoiding...

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