BP to pay $20 billion for damages: Obama
Washington, Jun 17: US President Barack Obama said that British Petroleum (BP) has agreed to provide $20 billion, for the victims of the oil spill at Gulf of Mexico, which has created the worst environmental calamity in the US history.Carl Henric.....
Obama visits Gulf Coast: Pressure on BP increases
Washington, Jun 14: US President Barack Obama made his fourth trip to the Gulf Coast oil spill zone on Monday, Jun 14. Obama will wrap up his two-day visit with a national address at 8 pm on Tuesday, Jun 15. He.....
Obama-Saudi king talk on Middle East peace
Washington, Jun 30: US president Barack Obama and Saudi Arabian King Abdullah discussed in their meeting on Tuesday, Jun 29 about the need for Middle East peace, which can be achieved through a two-state solution, so that it can secure a.....
Spy network issue not to affect US-Russia ties
Washington, Jun 30: White House Press Secretary, Robert Gibbs said that the busting of Russian spy network will never have any adverse impact on US-Russia relationship, which has improved significantly under the Obama administration. Robert Gibbs made the stand clear, after.....
EU conditions not acceptable: Sri Lanka
Colombo, Jun 25: Sri Lankan government rejected the European Union (EU) demands for the extension of GSP and tariff concessions for the limited period. Keheliya Rambukwella, the government spokesman said that Colombo rejected tariff concessions till July 1 issued by EU.....
Thousands protest in Greece amid Debt Crisis
Athens, May 20: Thousands of protesters marched against austerity measures in central Athens on Thursday May 20.This was the fourth major demonstration this year.More than 10,000 public and private sector workers marched through the the parliament building yelling slogans of.....
US oil disaster costed us one billion dollars: BP
London, Jun 2: British Petroleum (BP), the British global energy company informed that the oil spill disaster in the Gulf of Mexico, caused it the loss of almost a billion dollars. The disaster plunged the company a 13 percent in its shares after the latest failed attempt to fix the leaking well.BP's share price nose dived nearly 17 percent on the day though it recovered slightly to close at 430 pence. The disaster also wiped off more than 17.6 billion.....
UK to double oil rig inspections, after BP leak
London, Jun 8: UK would double the inspections at oil rigs in the North Sea, informed the British officials on Tuesday, Jun 8, after the disastrous British Petroleum oil spill in the Gulf of Mexico. UK would increase the average number of annual environmental checks aboard the nation's 24 oil drilling rigs, from eight to 16, informed Britain's Department of Energy. They would also hire three extra inspectors to implement a more agressive programme. The department also said.....
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