BP says it's tackling oil spill, will pay claims
VENICE, La.--Energy giant BP, its reputation battered by a catastrophic oil spill threatening the U.S. Gulf shore, said on Monday it is working to stem the gushing undersea leak and promised to pay for the cleanup and compensation claims.
As black, oil-infused water neared the Louisiana shoreline, the London-based company has come under heavy criticism and pressure from President Barack Obama and the U.S. public to do more to stop, or at least control, what is fast turning into the worst oil spill in U.S. history.
The swelling slick, estimated to be at least 130 miles … Read more