Chart usGOLD   Chart usSILVER  
 
Food for thought
The two most important emotions are fear and gread, and you go from greed to fear in a fraction of a second
Wall Street Saying  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1390.6027.80
Silver 22.530.32
Platinum 1456.50-4.00
Palladium 738.00-4.25
WORLD MARKETS
DOWJONES 15299-2
NASDAQ 3458-5
NIKKEI 14484-1143
ASX 5041-101
CAC 40 3967-84
DAX 8352-179
HUI 2593
XAU 97-3
CURRENCIES (€)
AUS $ 1.3257
CAN $ 1.3333
US $ 1.2935
GBP (£) 0.8559
Sw Fr 1.2511
YEN 131.7990
CURRENCIES ($)
AUS $ 1.0254
CAN $ 1.0305
Euro 0.7730
GBP (£) 0.6617
Sw Fr 0.9676
YEN 101.8600
RATIOS & INDEXES
Gold / Silver61.72
Gold / Oil14.48
Dowjones / Gold11.00
COMMODITIES
Copper 3.30-0.08
WTI Oil 96.05-0.11
Nat. Gas 4.220.04
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
( 0 vote, 0/5 ) Print article
     
Tweet
bp.com | Press | Gulf of Mexico response
spacer
  Global Newsletter 15 June 2010
spacer
spacer spacer spacer spacer spacer Three Gulf Research Institutions to Receive First Round of $500 Million Funding

BP today announced significant progress in its half-billion dollar pledge to the Gulf of Mexico Research Initiative (GRI). Three research institutions in the Gulf region will receive a total of $25 million in fast-track funding for high-priority studies of the distribution, composition and ecological interactions of oil and dispersant.

BP today announced significant progress in its half-billion dollar pledge to the Gulf of Mexico Research Initiative (GRI). Three research institutions in the Gulf region will receive a total of $25 million in fast-track funding for high-priority studies of the distribution, composition and ecological interactions of oil and dispersant.

On May 24 BP announced a commitment of up to $500 million to the GRI open research program to study the impact of the Deepwater Horizon incident, and its associated response, on the environment and public health in the Gulf of Mexico.

"It is vitally important that research start immediately into the oil and dispersant's impact, and that the findings are shared fully and openly," said BP chief executive Tony Hayward. "We support the independence of these institutions and projects, and hope that the funding will have a significant positive effect on scientists' understanding of the impact of the spill."

Three initial studies will help establish critical baseline data as the foundation for subsequent research. In this first round of funding, GRI is providing:


  • $5 million to Louisiana State University;
  • $10 million to the Florida Institute of Oceanography (FIO) hosted by the University of South Florida;
  • $10 million to the Northern Gulf Institute (NGI), a consortium led by Mississippi State University (NGI).

The $5 million to LSU is part of GRI's commitment to provide $10 million over 10 years to the university. This was announced by GRI at its launch on May 24, 2010. This funding is in recognition of LSU's significant experience in dealing with the oil and gas industry, and its deep multi-disciplinary knowledge of the Gulf of Mexico and the Gulf region.

"Being selected to receive funds from BP to conduct research into the impacts of oil spills and dispersants on the environment is truly a testament to the high-caliber research expertise of our faculty," said LSU Interim Vice Chancellor for Research & Economic Development Doris Carver. "These grant dollars will allow our researchers to put their expertise to work to help understand the environmental impacts of oil spills and to develop solutions to help mitigate those impacts."

FIO is a consortium of 20 institutions in Florida with marine science interests, including the 11 state universities. FIO was established by the State University System to support Florida's coastal marine science, oceanography and management programs through education, research, and public outreach. FIO facilitates the activities of educators, scientists and agencies responding to state, regional, national and international issues through provision of centralized facilities and research vessels.

"I am proud of the Florida Institute of Oceanography and the service it has provided to our state and nation in this time of crisis," said Frank T. Brogan, Chancellor of the State University System of Florida. "As a statewide collaborative of researchers from public and private universities and marine research institutes, the FIO is uniquely positioned to provide an organized approach to this research effort. BP's support will enable the institute to develop critical baseline data for scientists to use as they continue their work on how to best deal with the ramifications of the spill in the Gulf of Mexico."

"We are very pleased to begin addressing the immediate needs of assessing the impact on the state of Florida," said William Hogarth, acting director of the FIO and dean of USF's College of Marine Science. "We look forward to continuing to work on researching, monitoring and understanding the impacts of the oil spill on Florida."

NGI is a consortium of universities led by Mississippi State University, in partnership with the University of Southern Mississippi, Louisiana State University, Florida State University, and Dauphin Island Sea Lab.

"Based at Stennis Space Center, NGI and its member universities have proven themselves to be leaders in research that can advance our scientific understanding of the Gulf region and its climate, natural resources, and habitat," said David Shaw, Mississippi State's Vice President for Research and Economic Development. The institute will bring extensive background and expertise to this very important undertaking."

In the near future BP will publish a Request for Proposals, inviting research institutions to participate in an independent peer-review process to register their interest in becoming a GRI Research Center. These centers will be selected by a peer review process, overseen by GRI's Advisory Council.. GRI will use the highest professional standards in determining the institutions that will receive this competitive funding. Once issued, the RFP will be available to download from www.bp.com.

Independent GRI Advisory Council Named

BP today announced the names of the scientific experts who will form GRI's independent Advisory Council.


  • Dr Rita Colwell, Advisory Council Chair - Distinguished University Professor at the University of Maryland and at Johns Hopkins University Bloomberg School of Public Health.
  • Dr David Halpern - Senior Advisor for earth science research at NASA Headquarters and Senior Research Scientist at Caltech/NASA Jet Propulsion Laboratory.
  • Professor J�rg Imberger - Director for the Centre for Water Research at the University of Western Australia.
  • Dr Margaret Leinen - CEO of the Climate Response Fund. Dr Leinen previously served as Assistant Director of the National Science Foundation, directorate for Geosciences (Earth, Atmosphere and Ocean Sciences) and coordinator across NSF of all environmental research and education.
  • Professor J�rgen Rullk�tter - Director of the Institute for Chemistry and Biology of the Marine Environment (ICBM) at the University of Oldenburg, Germany.
  • Professor John Shepherd - Professorial Research Fellow in Earth System Science at the National Oceanography Centre at the University of Southampton, UK.

The Advisory Council consists of independent scientific experts with deep understanding of the technical content and research management issues of a program of this size. The Advisory Council may add members or draw on outside expertise to address specific research needs. Its governance is independent of BP, and council members may not submit funding proposals to GRI.

Additional Information:


  • In 2008, as part of the Deepwater Environmental Long-term Observatory System (DELOS) project, BP installed the world's first system designed to monitor deep-sea marine life. DELOS is supported by Texas A&M in Galveston, Scripps Institution of Oceanography, Monterey Bay Aquarium Research Institute, University of Aberdeen, National Oceanography Centre in Southampton and the University of Glasgow.
  • BP is a Founding partner of the Scientific and Environmental ROV Partnership using Existing Industrial Technology (SERPENT) project, which aims to increase scientific understanding of the world's deepest marine environments. In the Gulf of Mexico, BP works with LSU to use ROVs to collect water column observations for scientific and observational use. The project is hosted by the National Oceanography Centre in Southampton, UK, and aims to make ROV data more accessible to the world's scientific community. SERPENT projects are also active in the North Sea and Angola.
  • Since 2004, BP has collaborated with the Scripps Institution of Oceanography to better understand issues facing ocean environments, including marine electromagnetic research. The focus of this collaboration's oceanography efforts is loop currents in the Gulf of Mexico.

Further information

BP Press Office London: +44 20 7496 4076
BP Press Office, US: +1 281 366 0265
Unified Command Joint Information Center:+1 985-902-5231
www.deepwaterhorizonresponse.com
www.bp.com/gulfofmexicoresponse



Read the press release online button

spacer
spacer
line
spacer
spacer
Joint Incident Centre
spacer
spacer
spacer
line
spacer
spacer
Gulf of Mexico response
spacer
spacer
spacer
line
spacer
spacer spacer spacer spacer spacer spacer spacer
spacer
spacer spacer spacer
spacer spacer spacer
Legal notice   Privacy statement   
spacer spacer spacer spacer
BP p.l.c. 1 St James's Square, London, SW1Y 4PD.
Registered in England and Wales, number 102498.
� 2010 BP p.l.c.
spacer spacer spacer spacer
Tweet

BP plc

CODE : BP
ISIN : GB0007980591
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Email Alert Add to Watchlist Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy
Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
In the News and Medias of BP plc
4/16/2013BP PLC (BP): Basic Materials' Featured Underperformer Of The...
11/26/2011BP PLC (BP): Today's Featured Basic Materials Loser
Annual reports of BP plc
Annual Report and Accounts 2007
Option Grants of BP plc
2/7/2012raises dividend as operational momentum returns
Nominations of BP plc
12/9/2011Board Appointment
4/24/2009Appoints Amscreen as Exclusive Digital Signage Partner
Financials of BP plc
5/2/2012First Quarter 2012 Results
2/7/2012fourth quarter and full year 2011 results
10/25/2011third quarter 2011 Results
4/27/2011first quarter 2011 results
10/19/2010Third quarter 2010 results
7/13/2010second quarter 2010 results
4/27/2010first quarter 2010 results
4/13/2010first quarter 2010 results
2/2/2010fourth quarter and full-year 2009 results
1/19/2010Fourth quarter 2009 results
10/27/2009Third quarter 2009 results
10/13/2009Third quarter 2009 results
7/28/2009Second quarter 2009 results
4/27/2009first quarter 2009 results
4/15/2009first quarter 2009 results
1/30/2009Reminder - BP's fourth quarter and full-year 2008 results
1/20/2009fourth quarter and full-year 2008 results
10/24/2008third quarter 2008 results
10/14/2008third quarter 2008 results
7/16/2008second quarter 2008 results
Project news of BP plc
8/19/2010Begins Flushing MC252 Subsea Equipment In Advance of Ambient...
3/2/2010Outlines Plan To Improve Financial Performance While Growing...
Corporate news of BP plc
11/21/2011Awarded Two Exploration Blocks in Indonesia
7/25/2011Extends Exploration Growth with Award of Two Trinidad Deepwa...
7/15/2011Announces Enhanced Drilling Standards in the Gulf of Mexico
4/1/2011Accesses Four Coalbed Methane Production Sharing Contracts i...
3/29/2011Remains Committed to Partner with Russia
10/25/2010to Sell Interests in Four Gulf of Mexico Fields to Marubeni
10/18/2010to Sell Venezuela and Vietnam Businesses to TNK-BP
10/7/2010and SOCAR Sign Shafag-Asiman PSA
10/1/2010Pledges Collateral for Gulf Of Mexico Oil Spill Trust
9/30/2010and the Gulf of Mexico Alliance Announce Implementation of B...
9/29/2010Dudley Sets Up New Safety and Risk Unit and Signals Sweeping...
9/19/2010Statement by BP America on Completion of MC252 Relief Well
9/19/2010Confirms Successful Completion of Well Kill Operations in Gu...
9/17/2010on Gulf of Mexico MC252 Operations
9/1/2010to Sell Malaysian Ethylene and Polyethylene Interests to Pet...
8/21/2010Following a Successful Ambient Pressure Test BP Begins Open ...
8/17/2010Readies for Transfer to Gulf Coast Claims Facility as Claim ...
8/15/2010Cautions Gulf Coast Communities About Scams
8/13/2010completes MC252 Well Pressure Test, Results Being Reviewed
8/12/2010Products and OSHA Settle 270 Citations at Texas City
8/9/2010Forms Gulf of Mexico Oil Spill Escrow Trust
8/6/2010names Mike Utsler its representative to Unified Area Command...
8/6/2010Claim Payments Exceed $300 Million
8/5/2010Authorized to Begin Cementing Procedure on MC252 Well
8/4/2010Quarterly Financial and Operating Information
8/4/2010MC252 Well Reaches Static Condition; Well Monitoring Underwa...
8/3/2010Static Kill Procedure Commences on MC252 Well
8/3/2010Takes Action to Fast-Track Claims for Gulf Coast Businesses
8/3/2010Agrees to Sell Colombian Business to Ecopetrol and Talisman
7/30/2010Hires James Lee Witt to Advise and Support Response Effort
7/30/2010Fulfills Commitment to Assist Displaced Rig Workers, Establi...
7/28/2010Total Claims Payments Top $256 Million
7/27/2010Sets Out Gulf of Mexico Costs, Further Asset Sales and Stron...
7/27/2010CEO Tony Hayward to Step Down and be Succeeded by Robert Dud...
7/21/2010SIGNS NORTH AMERICA AND EGYPT ASSET DEALS WITH APACHE
7/19/2010Signs Agreement with the Egyptian Ministry of Petroleum and ...
7/19/2010on Gulf of Mexico Oil Spill
7/15/2010Well Integrity Test Commences on MC252 well
7/14/2010Further analysis to be carried out before integrity test com...
7/13/2010Capping Stack Installed on MC252 Well
7/11/2010Sealing Cap Installation Update
7/10/2010National Incident Commander Approves Plan to Replace MC525 W...
7/10/2010Media Advisory - Kent Wells Technical Briefing
7/6/2010on Improvements to Vessels of Opportunity Program
7/5/2010on Gulf of Mexico Oil Spill
6/27/2010Media Advisory - BP Technical Briefing
6/23/2010Suspension of LMRP Cap Containment Operations
6/23/2010Announces New Gulf Coast Restoration Organization
6/22/2010To Donate Net Revenue From MC252 Well Leak To National Fish ...
6/21/2010on Gulf of Mexico Oil Spill Response
6/20/2010Claim Payments Exceed $100 Million
6/19/2010Emphasizes that Disagreement With Other Parties Will Not Dim...
6/16/2010Establishes $20 Billion Claims Fund for Deepwater Horizon Sp...
6/16/2010Additional Oil and Gas Containment System Begins Operation
6/16/2010Confirms Scheduled White House Meeting
6/16/2010Discoverer Enterprise Restarts Containment Operations
6/15/2010Three Gulf Research Institutions to Receive First Round of $...
6/15/2010Temporary Shut-Down on the Discoverer Enterprise
6/15/2010Announces Accelerated Payments of Commercial Large Loss Clai...
6/10/2010Annouces Second Block Grant of $25 Million to the State of M...
6/10/2010is Not Aware of Any Reason for Share Price Movement
6/9/2010Statistical Review of World Energy 2010
6/9/2010Recession Drove 2009 Energy Consumption Lower
6/8/2010to Donate Net Revenue From MC252 Well Leak to Protect and Re...
6/8/2010First Payment on Barrier Islands Project for State of Louisi...
6/7/2010on Gulf of Mexico Oil Spill Response
6/5/2010to Pay a Second Month of Loss of Income Claims
6/4/2010LMRP Containment Operation Deployed
6/4/2010Chairman and CEO Give Assurance that BP will Meet its Obliga...
6/4/2010Establishes $360 Million Escrow Account to Immediately Fund ...
6/3/2010Investor Briefing
6/3/2010Agrees to Fund Construction of Six Sections of Louisiana Bar...
6/1/2010Sets Out Enhancements to LMRP Containment Strategy to Keep O...
5/30/2010Gulf of Mexico update
5/26/2010Announces Launch of State-specific Response Web Sites
5/26/2010Regarding ROV Monitoring of 'Top Kill' Procedure
5/25/2010on Gulf of Mexico Oil Spill Response - 25 May
5/25/2010Briefs US Government on Initial Perspectives of Deepwater Ho...
5/24/2010PLEDGES $500 MILLION FOR INDEPENDENT RESEARCH INTO IMPACT OF...
5/21/2010Launches Live Webcam of Riser Flow
5/18/2010TMP: Press release standard
5/18/2010Announces Tourism Grants To Four Gulf States
5/14/2010Hayward comments on President Obama's statement
5/13/2010on Gulf of Mexico Oil Spill Response - 13 May
5/5/2010Quarterly Financial and Operating Information
4/15/2010Annual Financial and Operating Information
4/14/2010AGM 2010
4/1/2010AGM 2010
3/24/2010Energy security through diversity
3/11/2010Enters Deepwater Brazil and Strengthens Core Portfolio
3/1/2010Ian Davis to Join the BP Board
2/8/2010Receives Offer for its Retail Fuels and Convenience Business...
2/2/2010Delivers on Promises in "Very Good" 2009 as 4Q Profits Jump ...
1/29/2010Paul Anderson to Join the BP Board
11/19/2009Maxim Barsky Selected to Become Next TNK-BP CEO
11/3/2009and CNPC to Develop Iraq's Super-Giant Rumaila Field
11/3/2009Quarterly Financial and Operating Information
10/28/2009TT Begins Gas Production From Savonette
10/26/2009to Farm into Risha Concession in Jordan
10/20/2009Meeting the Energy Challenge
10/9/2009Gas: the natural choice
10/1/2009Makes Nineteenth Oil Discovery in Ultra-Deepwater Block 31 A...
9/24/2009A Road Map for America's Energy Future
9/16/2009Continues to Focus Wind Business on USA, Divests Indian Wind...
9/2/2009Announces Giant Oil Discovery In The Gulf Of Mexico
8/11/2009and Martek Biosciences enter a joint development agreement t...
8/4/2009Quarterly Financial and Operating Information
7/28/2009Output Rises as CEO Hayward Sees Costs Falling $1 Billion Mo...
7/24/2009Irving Oil and BP will not proceed with proposed second refi...
7/17/2009Announces Successful Results of Mad Dog South Well
7/13/2009and SOCAR Sign MOU To Explore New Caspian Acreage
6/10/2009Statistical Review of World Energy 2009
6/10/2009In Turbulent Year Developing World Leapfrogs Sluggish OECD i...
5/29/2009Solar and RGE Energy AG Announce One of the World's Largest ...
5/28/2009TNK-BP Shareholders Agree on CEO Succession Plan
5/27/2009Makes Eighteenth Oil Discovery in Ultra-Deep Water Block 31 ...
4/28/2009Annual Financial and Operating Information
4/1/2009Sir Tom McKillop Steps Down From BP Board
3/5/2009Annual Review 2008
3/3/2009Replaces 2008 Production by 121 Per Cent and Aims to Grow An...
3/3/2009Makes Seventeenth Oil Discovery in the Ultra-deep Water Bloc...
3/2/2009Reminder - BP's strategy update - March 2009
2/19/2009and Verenium Form Leading Cellulosic Ethanol Venture to Deli...
2/18/2009Robert Dudley to Join BP Board
2/17/2009strategy update - March 2009
2/11/200928th CERA Executive Conference - Opening speech to the Cambr...
2/11/2009Quarterly Financial and Operating Information
2/3/2009Hayward Pledges to Keep BP on Course, with Output Rise and E...
1/15/2009Former German Chancellor Gerhard Schroeder Agrees To Join TN...
1/9/2009Sign Deal To Align Interests and Boost Value of Russian Join...
1/6/2009Lamar Mckay To Lead BP America
12/3/2008Asset Exchange Strengthens BP Position In Southern North Sea
11/26/2008Energy Trends and Climate Change: A Road ahead for Governmen...
10/28/2008=5B=3F=3F Probable Spam=5D BP Delivers On Promises And Is W...
10/17/2008The Changing of the Guard - a speech by Andy Inglis, chief e...
10/15/2008Makes Sixteenth Oil Discovery in Ultra Deepwater Block 31, A...
9/4/2008and AAR Move to Resolve Joint-Venture Dispute
9/2/2008Chesapeake Energy Corporation and BP America Announce Fayett...
8/6/2008and Verenium announce significant partnership to accelerate ...
7/28/2008Series of Oil Developments Gets Go Ahead in Angola Block 31
7/25/2008Pledges Continued Robust Support for TNK-BP CEO Robert Dudle...
7/18/2008Global newsletter
7/3/2008Signs as London 2012 Partner
4/19/2008Financials
10/11/2007Market Welcomes New BP Plan
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Latest comment posted for this article
Be the first to comment
Add your comment
NYSE (BP)
43.44+0.37%
NYSE
US$ 43.44
05/23 12:57 0.160
0.37%
Prev close Open
43.28 43.23
Low High
42.96 43.50
Year l/h YTD var.
40.19 -  45.21 2.40%
52 week l/h 52 week var.
36.46 -  45.21 14.56%
Volume 1 month var.
2,951,562 4.37%
24hGold TrendPower© : 8
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
TOP NEWSRELEASES
Annual variation
DateVariationHighLow
20131.02%
2012-0.65%47.2335.84
2011-1.64%47.6933.29
2010-24.45%60.4426.75
200931.02%59.6632.11
 
5 years chart
 
3 months chart
 
3 months volume chart