Posted on · Newly revealed court transcripts of hearings involving Tony Hayward show the former BP chief fighting off accusations that he sought to prop up the company's falling share price through his subordinates' daily media briefings on the Gulf oil spill. KUHF business reporter Andrew Schneider has more.
Posted on · It may be days or even weeks before BP is able to permanently plug the Deepwater Horizon oil well. The leak is sealed — but scientists say putting a permanent plug on it could damage the well and create more problems. Laurie Johnson reports.
Posted on · Now that we're no longer fixated on what arcane technique BP will use next to end the flow of oil into the gulf, attention is even more focused on the aftermath of the spill. But questions aren't just raised over the extent of the environmental damage. Many expect the disaster to have a transforming effect on the landscape of the oil industry as a whole. From the KUHF Newslab, Wendy Siegle reports.
Posted on · The oil leak in the gulf has been shut off — for now. But Coast Guard officials warn they could order BP to open up the temporary cap if danger signs escalate. KUHF Health, Science and Technology Reporter Carrie Feibel has more.
Posted on · The Coast Guard says now they were mistaken, that new tests show most of the tar balls washing onto Texas beaches are not from the Deepwater Horizon oil spill. Texas Land Commissioner Jerry Patterson says that whatever the source, all the oil will be cleaned up. KUHF Health, Science and Technology Reporter Carrie Feibel has more.
Posted on · Any day now, the government is expected to announce its next move concerning a six-month moratorium on deepwater oil drilling. The moratorium was struck down by a judge, but the Obama Administration could appeal. Texas politicians are urging the President to loosen or even drop the drilling ban. KUHF Health, Science and Technology Reporter Carrie Feibel has more.
Posted on · The problems with stopping the flow of oil in the Gulf could serve as lessons here at home. Laurie Johnson spoke with Port of Houston officials about what plans are in place if a major oil spill occurs in the Houston Ship Channel.
Posted on · As oil continues to spew into the Gulf of Mexico, oyster producers and processers here in Texas say they're on life support, with hardly any product available for them to sell to restaurants and other consumers. As Jack Williams reports, they're also worried about the long-term affects the oil might have on their business.