Anadarko Petroleum Corp. and Exxon Mobil Corp. curbed production in the Gulf of Mexico and other energy companies evacuated workers from platforms and pipelines as Tropical Storm Karen triggered a hurricane watch.
President Barack Obama said oil spilling from a damaged BP Plc well in the Gulf of Mexico is an “assault on our shores” and the government will keep it a top priority until the leak is plugged and the environmental damage is repaired.
Michigan’s depressed economy nearly toppled Grand Rapids-based awning maker Prestige Products. In April, the company’s fortunes changed when executive Brian Rickel got a phone call from an old contact at BP Plc .
The judge presiding over a criminal obstruction case stemming from the BP Plc 2010 Gulf of Mexico oil spill said he won’t recuse himself after attorneys on both sides agreed he doesn’t have a conflict of interest.
President Barack Obama said he doesn’t want BP Plc “nickel and diming” fishermen and small businesses and that the company has a “moral and legal obligation” to compensate those affected by the oil spill in the Gulf of Mexico.