BP Complaints

Obama quicker to claim credit for BP oil well-sealing Los Angeles Times (blog) President Obama, who was widely criticized for a slow response to the environmentally disastrous gulf oil spill last spring, was quick to respond Sunday and … and more »

gulf oil spill updates – Google News

Reuters

BP to claim -billion tax credit from Gulf oil spill Business Mirror “BP's decision to claim a nearly -billion tax credit stemming from costs it incurred during the oil–spill cleanup is nothing short of reprehensible,” he … BP eyes B tax credit over Gulf oil spill responseMiamiHerald.com Florida oil spill UPDATE: BP says top kill mud was toxic: Tony Hayward …Examiner.com BP gets 'wake-up call' and bln in spill chargesReuters Baltimore Sun –DailyFinance –The Associated Press all 9,724 news articles »

gulf oil spill updates – Google News

CBC.ca

BP eyes B tax credit over Gulf spill response MiamiHerald.com As BP announced a billion second-quarter loss, it said it would incur a charge of billion from the Gulf oil spill response — and thus claim a … Florida oil spill UPDATE: BP says top kill mud was toxic: Tony Hayward …Examiner.com BP gets 'wake-up call' and bln in spill chargesReuters BP plots cash course for oil cleanup, futureHouston Chronicle Christian Science Monitor –The Associated Press –FOXNews all 9,237 news articles »

gulf oil spill updates – Google News

CBC.ca

Tax Code Goof: BP's B Credit for Gulf Oil Spill Loss Benzinga The more eyebrow-raising news; however, is that BP plans to claim almost billion in US tax credit as a direct result of the Gulf oil spill. … Florida oil spill UPDATE: BP says top kill mud was toxic: Tony Hayward …Examiner.com BP plots cash course for oil cleanup, futureHouston Chronicle BP to claim billion US tax credit for Gulf oil spill costsMiamiHerald.com Christian Science Monitor –Reuters –USA Today all 8,531 news articles »

gulf oil spill updates – Google News

BP Crisis Wipes Billion From Energy Bonds: Credit Markets
June 14 (Bloomberg) — The biggest oil spill in U.S. history has wiped about billion off the value of energy company bonds as investors bet increasing regulation will curb revenue and profits.
Read more on Bloomberg

BP Trades as Junk, Credit-Default Swaps Invert: Credit Markets
June 10 (Bloomberg) — BP Plc bonds and credit-default swaps are trading as if the energy company has lost its investment-grade rating as costs mount from the worst oil spill in U.S. history.
Read more on Bloomberg

.

Image by uscglantareapa

Microsoft Convertible Sale May Revive Issuance: Credit Markets
June 8 (Bloomberg) — Microsoft Corp. is offering .15 billion of convertible notes in a sale that may help that market recover from a two-month slump.
Read more on Bloomberg

Moody’s: Gulf Oil spill could have long-term negative credit impact on Gulf Coast communities
NASA photoMoody’s Investors Service today warned that while the massive Gulf of Mexico oil spill might spur short-term spending, it could ultimately have negative credit impacts for some Gulf Coast communities.  “Any rating or outlook changes would follow careful assessment of the spill’s…
Read more on New Orleans Times-Picayune

Insurers Drag Bonds to Worst Since December: Credit Markets
Insurers are leading the first monthly decline for corporate bonds since December on speculation they face losses on sovereign debt just as cleanup costs for the Gulf of Mexico oil spill loom.

Read more on BusinessWeek

Insurers Drag Bonds Down on With Sovereign Debt: Credit Markets
May 13 (Bloomberg) — Insurers are leading the first monthly decline for corporate bonds since December on speculation they face losses on sovereign debt just as cleanup costs for the Gulf of Mexico oil spill loom.

Read more on Bloomberg