Tags: US | Gulf | Oil | Spill | Washington

Feds: BP Agrees to Expedite Oil Spill Payments

Thursday, 10 Jun 2010 11:57 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

The Obama administration says BP has agreed to expedite the payment of claims to businesses and individuals whose livelihoods have been disrupted by the Gulf of Mexico oil spill.

Tracy Wareing (WEHR'-ing), who is with the National Incident Command office, told reporters in Washington that the understanding on payment of claims came in a meeting Wednesday with BP executives, including CEO Tony Hayward.

Wareing said administration officials raised a "pressing concern" about the time BP has been taking to provide relief payments, particularly to businesses in the stricken area. She said the company will change the way it processes such claims and will expedite payments. Among other things, it will drop the current practice of waiting to make such payments until businesses have closed their books for each month.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Border Patrol Agent Fires at Armed Militia Member

Friday, 29 Aug 2014 20:14 PM

The Border Patrol says an agent shot at someone near the Texas-Mexico border who later identified himself as a militia m . . .

Calif. Senate Approves Sweetened Tax Credits For Hollywood Studios

Friday, 29 Aug 2014 19:50 PM

The California State Senate has approved legislation on a 32-2 vote to extend and expand California's movie and TV tax c . . .

Groups Appeal GOP-Backed Fla. Congressional Maps, OK 2014 Vote

Friday, 29 Aug 2014 19:35 PM

A coalition of voters rights organizations that successfully sued Florida over gerrymandering is appealing the state's n . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved