July 30th, 2010
12:06 PM ET

Incoming BP chief promises help for Gulf region 'for years'

Incoming BP CEO Bob Dudley sought to reassure jittery Gulf of Mexico residents Friday that the massive British corporation will not abandon them once the ruptured well responsible for the oil disaster has been permanently sealed.

Dudley, currently the company's managing director, stressed during a visit to Mississippi that BP has made a "long-term commitment" to the region.  "We'll be here for years," he said.

The spill has been a "catastrophe" and a "real wake-up call for change," he told reporters.  We have to "treat it as an opportunity to change for the better."

Shortly before Dudley made his remarks, BP announced that it is setting up a $100 million charitable fund to support unemployed oil rig workers experiencing economic hardship due to the deepwater drilling moratorium imposed by the Obama administration. 

The establishment of the Rig Worker Assistance Fund "fulfills the commitment" BP made on June 16 to provide $100 million in assistance "as a gesture of good will for the people of the Gulf region," according to a company statement.

The company also announced that James Lee Witt, director of Federal Emergency Management Agency during the Clinton administration, will be advising Dudley on BP's disaster response efforts.

FULL STORY

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Filed under: BP • Gulf Coast Oil Spill
soundoff (6 Responses)
  1. BreakingNewsBlog.us

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    how much BP should refund to Gulf's States???
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    well, it very much depends also from this test:
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    http://ireport.cnn.com/docs/DOC-472981
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    July 30, 2010 at 3:52 pm | Report abuse |
    • BreakingNewsBlog.us

      Oh my. I'm doing i again. Sorry, don't read my spam. Don't mind me. I can't even speak Engrish properly. I spell hydraulic as "idraulic" and oxygen as oxigen. I am a lulz guy. I need mah meds. BRB!

      July 30, 2010 at 4:41 pm | Report abuse |
    • BreakingNewsBlog.us

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      hi Tony, thanks for your british english lessons... 🙂
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      July 30, 2010 at 8:27 pm | Report abuse |
  2. ronald mercer

    Dealing with BP

    BP is a business oligarchy . BP’s unions are elected oligarchies. Government safety regulators are bureaucratic oligarchy. All three oligarchies failed, 11 died, and the Gulf of Mexico is turning into a tar pit. All three oligarchies must be fired. Here’s how.

    Corporate BP is responsible for the homicide of 11 employees. In addition to answering to criminal charges, BP, US branch corporate, must be reorganized before BP is allowed to continue drilling in the gulf. This reorganization provides half voting power to employee chosen executives at top management board level. The details of reorganization are responsibility of the justice department.

    Never again will profit trump safety. Never again will employees be put at safety risk. Never again will BP management forfeit the homicide of BP employees.

    This business model benefits from the advantages of an oligarchy and democracy. Corporate provides oligarchy and employees provide democracy to an equal power divided governing board. This structure is not entirely “union/employee” and not entirely “management”. It is a functioning hybrid taking advantage of oligarchy and democratic strengths.

    This business model is revolutionary reform of corporate business structure. All BP employees should immediately boycott/strike BP and demand half vote representation on the BP governing board to stop the murder of employees. No work without representation.

    With death tolls, it’s time for a revolution. It’s not time for tired oligarchy legal battles endlessly cluttering the courts. Criminal action is demanded. Fines are demanded. Large settlements are demanded. Revolutionary corporate reform must also be demanded to create lasting change that cuts deeply to the problem. Profound corporate reform guarantees victims and families meaning for their sacrifice.

    If oligarchy won’t go to democracy. Bring democracy to oligarchy.

    Citizen is coach to team democracy. Coach is responsible for success. It’s your call, coach.
    http://coach-1640280.newsvine.com/

    July 30, 2010 at 11:07 pm | Report abuse |
  3. Juana Maria

    Sometimes I really believe that the Government and BP think we are all people with no common sense. Now, am I supposed to feel better because the new BP CEO is from the Gulf region? How fast is he moving from promises to action? I see no difference whatsoever. What a shame.

    August 1, 2010 at 10:40 am | Report abuse |
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