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BP to try "static kill" on Gulf well Tuesday

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Reuters - BP Plc will attempt on Tuesday a planned "static kill" operation to seal its ruptured Gulf of Mexico oil well, and hopes to have a relief well finished by the end of August, incoming company CEO Bob Dudley said on Friday.

BP to set aside $100 million for unemployed rig workers

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Reuters - BP Plc said on Friday it will establish a $100 million fund to help drilling rig workers in the Gulf of Mexico who are unemployed as a result of the company's oil leak.

BP lawsuits over oil spill take center stage

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A large sheen of oil from the Deepwater Horizon oil spill, background, is seen approaching Timbalier Island in the Gulf of Mexico, off the coast of Louisiana, Wednesday, July 28, 2010. (AP Photo/Gerald Herbert)Reuters - More than 2,000 miles from the Gulf of Mexico shoreline, a panel of U.S.

La. foundation will administer oil workers fund

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AP - BP is giving a Louisiana charity $100 million to hand out to oil rig workers struggling because of the federal moratorium on new deepwater drilling in the Gulf of Mexico, the company said Friday.

Glance: AEP's 2Q and carbon capture costs

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AP - WHAT: American Electric Power said in its Friday earnings release that a 57 percent drop in its second-quarter numbers was partly due to a charge related to a carbon capture project at its Mountaineer Plant in W.Va., serving that state and Virginia through AEP's Appalachian Power unit.

Hayward says leaving top post out of 'love' for BP

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Outgoing BP CEO Tony Hayward, seen here on July 27 in London, would have liked to remain in his job, but is leaving after a firestorm over his handling of the US oil spill because of his AFP - Outgoing BP CEO Tony Hayward would have liked to remain in his job, but