Transocean Execs to Donate Their Bonuses, Sort of

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Earlier this week we mentioned the publicity trouble that Transocean, the company behind the Deepwater Horizon rig that exploded in the Gulf of Mexico last April, killing 11 and spilling millions of gallons of oil into the ocean, had gotten into by declaring 2010 the "best safety year ever!" and awarding bonuses to an array of top executives. The company since apologized for their insensitivity...and now five executives will be donating portions of their bonuses, for a total of $250,000, to funds for the families of the workers killed in the disaster.

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BP Wants to Get Back to Drilling in Gulf Of Mexico

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BP is petitioning U.S. regulators to continue drilling in the Gulf of Mexico less than a year after the massive oil spill that killed 11 workers and caused massive environmental damage. The deal would be that BP would be able to resume pre-existing drilling operations in the Gulf in exchange for following stricter safety regulations. There would be no new drilling. An agreement could be coming in the next month, although there's been no confirmation yet. More »

Oil in the Gulf is Not Quite Gone

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Though the Louisiana oil spill has all but faded from the public consciousness, fishermen in the region have reportedly discovered "miles-long strings of weathered oil," despite the U.S. Coast Guard claims that little more could be done in terms of clean-up. The local Times-Picayune has a jarring set of pictures, along with a report, which lead to a vague recollection of a time back in April -- and well into the summer -- when the Deepwater Horizon oil spill might have mattered on a national scale. Remember?

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BP Well to Be Sealed by Saturday, Says BP

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The good old days.
Hey, everybody, remember that well in the Gulf? The one that broke a while back, and leaked its oil everywhere, and got all over a bunch of birds, and fish, and shrimp, and people? Oh, come on, remember? Yeah, it was a long time ago that happened. Like, before the summer even started! April 20, to be exact. And back in late May, we were writing stuff like: "BP Oil Spill Sticking Around the Gulf Through Summer." Ominous.

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Morning Links: Charles Rangel Faces Ethics Charges; Tropical Storm Bonnie Screws With the Gulf

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• Representative Charles Rangel has been accused of violating ethics rules -- including accepting four rent-stabilized apartments in Harlem for a price below market value, failing to pay taxes on rental income from his villa in the Dominican Republic, and using his office to preserve a half-billion-dollar tax loophole for an oil exec who pledged money to the Charles B. Rangel Center for Public Service at City College of New York. Rangel says he looks forward to fighting the charges. [NYT, AP]

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BP Oil Well Cap Is Hanging In There, For Now

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The deadline on BP's 48-hour trial on a new well cap, 3:25 p.m. EST, has come and gone with no word from the company, the Associated Press is reporting. Is no news good news? Video of the cap shows no oil flowing into the Gulf of Mexico, a ubiquitous sight over the last 80-plus days. Forgive the skeptical world for not being able to celebrate just yet, possibly for fear of jinxing it, but for now things are looking up. But obviously, it's not over yet:

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BP Removes Cap, Oil to Flow Freely for Days

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Remember the BP oil spill in the Gulf of Mexico? It's been over 80 days. The disaster has been in the news less lately; folks feel desensitized, dejected. Still, nothing is fixed. In fact, Saturday around noon, BP removed the cap that was preventing oil from the leaky well from gushing into the water. For at least two days, oil will flow freely into the Gulf, according to reports. "Over the next four to seven days, depending on how things go, we should get that sealing cap on. That's our plan," said Kent Wells, a BP senior vice president. That's their plan. [Associated Press]

BP Chief Tony Hayward is Attending a Yacht Race; Now Everyone's Really Mad

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For Tony Hayward, after dealing with the largest offshore oil spill in U.S. history every day for 60 days, it's vacation time. He's currently attending a yacht race around England's Isle of Wight, where his 52-foot boat named "Bob" is participating. "He's spending a few hours with his family at a weekend. I'm sure that everyone would understand that," said a BP spokesperson, insisting it was Hayward's first break since the explosion on the Deepwater Horizon rig April 20. Sixty days and nights! As for the race, Hayward is "well known to have a keen interest in it." Straws, camels, backs, etc. Tony, get used to vacation.

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Amid Criticism, Obama to Please Americans By Making BP Pay Big Bucks

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With Obama still inheriting residual blame from people rightfully pissed about the un-ending flow of oil into the Gulf of Mexico via BP, the White House has gone on the offensive with fury in the past week. President Obama finally came with harsh words, wondering whose ass he should kick, but predictably offending a host of prudes. But if almost all Americans can unite under the banner of foul language and hating BP, there's one surefire topic we can certainly all agree on: crisp, green, smelly American dollars. So Obama plans to make them pay.

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BP Protesters Take to the Streets, New York Times Building

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Today is Worldwide BP Protest Day. Have you heard about the damage they've done? Oil is still flowing into the Gulf of Mexico, at a rate of around 1.7 million gallons a day. From 11 a.m. to 1 p.m., one New York City meeting spot for angry environmentalist or lonely singles is the New York Times Building, on Eighth Avenue between 40th and 41st streets. We spoke to the event's NYC organizer yesterday and she did "not know what to expect," but planned to "express frustration at the inaction, understatements, finger-pointing and the death and destruction of our oceans, beaches, ecosystems, and local ways of life." How's it going up there, guys?

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