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Ex-BP engineer challenges travel restrictions

Posted by the Newsman, @ 6pm on May 19th, 2012

A former BP engineer charged with deleting text messages about the company's response to the 2010 oil spill in the Gulf of Mexico is asking for a federal judge's permission to travel freely throughout the U.S. while he is free on bond.

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Spanish oil company Repsol says exploratory well off Cuba is unsuccessful, will be abandoned

Posted by the Newsman, @ 1pm on May 19th, 2012

HAVANA – An exploratory oil well off the northern coast of Cuba has proved a failure and will be capped and abandoned, Spanish company Repsol said Friday, a disappointment for a cash-strapped nation hoping for an economic lifeline.

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BP sues Bridas on $7 billion South American deal collapse

Posted by the Newsman, @ 10pm on May 18th, 2012

(Reuters) – BP Plc sued Argentina's Bridas Corp on Monday over a collapsed $7.06 billion (4.37 billion pounds) asset sale, saying it is willing to pay a $700 million breakup fee so long as it will not face fraud claims arising from its conduct. The lawsuit stemmed from the November 2011 collapse of BP's plan to sell its 60 percent stake in crude oil producer Pan American Energy to Bridas, which …

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Fla. county approves changes after oil spill fraud

Posted by the Newsman, @ 7pm on May 15th, 2012

Amid a criminal investigation into the alleged misuse of funds paid by BP after the 2010 Gulf oil spill, a Florida Panhandle county made big changes Tuesday in the way it oversees spending for promotion of the area's world-famous beaches.

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Justice Dept. makes 1st arrest in BP oil spill; ex-engineer accused of obstruction of justice

Posted by the Newsman, @ 4am on May 15th, 2012

NEW ORLEANS – A BP engineer intentionally deleted more than 300 text messages that said the company's efforts to control the Gulf of Mexico oil spill were failing, and that the amount of oil leaking was far more than what the company reported, the Justice Department said Tuesday.

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U.S. becomes world's fastest growing oil producer: former official

Posted by the Newsman, @ 8am on May 14th, 2012

Chicago, May 12 (Xinhua-ANI): The United States has become the world's fastest growing oil producer under President Barack Obama, said a former White House green jobs advisor.

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Flashpoints on Occupy May Day

Posted by the Newsman, @ 9pm on May 12th, 2012

The Occupy movement targeted May Day as the day "the people of the planet will take to the streets." Crowds formed in many major cities, joining protesters worldwide on International Workers Day to demand economic equality. But the day remained mostly peaceful. Promised stoppages of mass transportation and commerce by the Occupy movement largely fizzled [...]

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The first BP oil spill arrest: An instant guide

Posted by the Newsman, @ 11am on May 12th, 2012

Two years after the devastating disaster, the feds arrest a fairly minor player in the major BP oil spill disaster. What's going on?

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BP Profits Weighed Down By Oil Spill Costs

Posted by the Newsman, @ 1am on May 12th, 2012

Shares in BP have tumbled after the oil giant announced its first quarter profits dipped because of asset sales and a drop in production relating to the Gulf of Mexico oil spill.

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White House Lied, Jobs Died

Posted by the Newsman, @ 3pm on May 11th, 2012

While the White House and its media water-carriers try to distract the American public with gay-marriage talk and half-century-old tales of Mitt Romney's prep school pranks, the inconvenient truth remains: President Obama is responsible for perpetrating jaw-dropping, job-killing scientific fraud. And his minions are still trying to cover it up.

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