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 This material may not be published, broadcast, rewritten or redistributed.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:
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

Fmr. Boston Mayor Menino Dead After Battling Cancer

Thursday, 30 Oct 2014 11:44 AM

Former Boston Mayor Thomas Menino, who shepherded the city through the deadly Boston Marathon bombing and was the longes . . .

ACLU: FBI Seeks 'Green Light' to Hack Into Any Computer Worldwide

Thursday, 30 Oct 2014 11:22 AM

The FBI is petitioning the government for new powers to hack into computers for surveillance in what is being described  . . .

NYPD Fears Drones Used for Terrorist Attacks

Thursday, 30 Oct 2014 11:08 AM

In the past year, New York City's Police Department has taken a harder look at the possibility of drones being used for  . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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