Content Tagged As british_petroleum

4 years 3 months ago

White House and BP negotiate compensation fund

The White House says BP appears willing to establish a multibillion-dollar compensation fund for people and companies damaged by the Gulf oil spill. President Barack Obama demanded that the oil company set up a independent compensation fund. And presidential spokesman Bill Burton told reporters the White House and BP...

4 years 3 months ago

BP to speed up payments

The Obama administration says BP has agreed to expedite the payment of claims to businesses and individuals whose livelihoods have been disrupted by the Gulf of Mexico oil spill. Tracy Wareing, who is with the National Incident Command office, told reporters in Washington that the understanding on payment of...

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