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Detailed text transcripts for TV channel - CNN - 20100617:14:07:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100617:14:07:00

Before the blowout. deepwater drills is inherently dangerous as the entire country now knows. an uncontrolled blowout can kill rig workers and cause an environmental disaster. we want to know whether you were briefed about the risks and were monitoring the safety of the drilling operation. we could find no evidence that you paid any attention to the tremendous risks bp was taking. we've reviewed 30,000 pages of documents from bp, including your e-mails. there is not a single e-mail or document that shows you paid even the slightest attention to the dangers at this well. you are the ceo, so we ...

Detailed text transcripts for TV channel - CNN - 20100617:14:17:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100617:14:17:00

What went wrong in the exploration of the mecando well. we have considered decisions may by bp in the hours and minutes before the explosion. what we learned is alarming. we learned that time after time, bp had warning signs that this was a nightmare well as one employee put it. bp made choices that set safety aside in exchange for cost cutting and time saving results. bp disregarded questionable results from pressure after cementing in the well. bp selected the riskier of two options. they could have hung a line from a casing already in the well and installed a tie back on the top of the line...

Detailed text transcripts for TV channel - CNN - 20100617:14:08:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100617:14:08:00

Andy englis and doug suttles, the chief operating officer for exploration and production, and the person now leading bp's response to the spill. according to bp, these are the senior officials who are responsible for the mecondo well, but they, too, were apparently oblivious to what was happening. we could find no evidence that either of them received any e-mails or briefings about the deepwater horizon rig or drilling activities at the well. bp's corporate complacency is astonishing. the drilling engineer for the rig called mecando a nightmare well. other bp employees predicted that the cemen...

Detailed text transcripts for TV channel - CNN - 20100617:14:28:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100617:14:28:00

Made a commitment to the bp organization to institute stronger global processes that had not existed, including a safety management process which was in progress. i don't think it was completed yet. like chevron or exxon or shell, safety management processes are in place to prevent this very thing from happening. >> when the current ceos of the other big oil companies testified yesterday, they all said to a man they would not have done what bp did here, the way they put the casing in, the way they cemented. all of the other companies said we would not have done that. is that a fair statement? ...

Detailed text transcripts for TV channel - CNN - 20100617:13:47:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100617:13:47:00

They will be paying that money for being share holders and will cutback on research and development on the capital expenditures and more money available along those lines. it could sell up to $10 billion of assets it has to divest itself of some assets and partnerships so that it can free up more money. it identified places where there is an awful lot of money and scope there to fill this nubd r fu fund but also to pay for what's happening now, cap the well, relief wells. try to immediately burn off oil that's spilling into the gulf of mexico. so very wide range of estimates, fredricka about w...