Nigerian Times

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"We will make BP pay for the damage their company has caused," Obama said in an 18-minute speech. "And we will do whatever necessary to help the Gulf Coast and its people recover from this tragedy." President Barack Obama said authoritatively. I have only one simple illustration from a book to show that the brave President Barack Obama of the United States of America has balls, but Nigerian Presidents have none in addressing emergencies. The failure of the Nigerian government to check the excesses of Chevron, Shell and other oil companies have made them to disregard their rules of engagement, because these oil companies spill more oil into the Niger Delta each year than was spilled as a result of the Deepwater Horizon disaster that devastated the Gulf of Mexico in 2010. President Barack Obama did not waste time to address the emergency and compelled the BP to pay. "We will make BP pay for the damage their company has caused," Obama said in an 18-minute spe...

2 May 2011 14:30 Africa/Lagos The Zacks Analyst Blog Highlights: Chevron, ExxonMobil, Royal Dutch Shell, ConocoPhillips and BP PR Newswire CHICAGO, May 2, 2011 CHICAGO, May 2, 2011 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Chevron Corp. (NYSE: CVX), ExxonMobil Corp. (NYSE: XOM), Royal Dutch Shell plc (NYSE: RDS.A), ConocoPhillips (NYSE: COP) and BP plc (NYSE: BP). (Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO) Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Friday's Analyst Blog: Chevron Profits Soar Past Estimates U.S.energy giant Chevron Corp. (NYSE: CVX) reported a jump in its first-quarter 2011 profits, benefiting from higher oil prices and stronge...

The BP Deepwater Horizon oil rig ablaze. Oil spill picture. Image: U.S. Coast Guard. BP pays $3.8 billion to 300, 000 victims of Gulf Coast oil spill The British Petroleum has already paid $3.8 billion to 300, 000 victims of the catastrophic Gulf Coast oil spill according to the Dan Rather Reports . The spill stemmed from a sea-floor oil gusher that resulted from an explosion of Deepwater Horizon on April 20, 2010. Deepwater Horizon drilled on the BP-operated Macondo Prospect. The explosion killed 11 men working on the platform and injured 17 others. On July 15, the leak was stopped by capping the gushing wellhead, after it had released about 4.9 million barrels (205.8 million gallons) of crude oil. Rather will interview Ken Feinberg, Administrator of the Gulf Coast Claims Facility on Tuesday, April 12 at 8:00 p.m. ET to track progress one year after the spill began. Feinberg was asked by the Obama Administration and British Petroleum to design, implement, and administer a process to ...

US has fined oil giant BP, $373 Million for fatal Texas Refinery explosion and price-fixing charges. Click here to Watch the video news report