SEARCH

Entries in Oil Spill (3)

Thursday
Dec232010

Stephen Baldwin Sues Kevin Costner over BP Oil Spill Technology

Photo Courtesy - -Getty Images(NEW ORLEANS) -- Stephen Baldwin has filed suit against fellow actor Kevin Costner after he said he was tricked into selling his shares of a company that made millions during the BP oil spill.

The lawsuit, filed Wednesday, claims that Baldwin and a friend were duped out of an $18 million deal with BP that involved the sale of a device that separated water from oil.

The two say they owned shares in a joint venture, Ocean Therapy Solutions, which marketed the technology to BP but were excluded from a meeting at which Costner and a BP executive inked a multi-million dollar order of the devices.

Unaware of the deal that had been made; Baldwin said he and his friend, Spyridon Contogouris, sold their shares in the company for $1.4 million.

Copyright 2010 ABC News Radio

Stephen Baldwin Sues Kevin Costner over BP Oil Spill Technology

(NEW ORLEANS) – Stephen Baldwin has filed suit against fellow actor Kevin Costner after he said he was tricked into selling his shares of a company that made millions during the BP oil spill.

The lawsuit, filed Wednesday, claims that Baldwin and a friend were duped out of an $18 million deal with BP that involved the sale of a device that separated water from oil.

The two say they owned shares in a joint venture, Ocean Therapy Solutions, which marketed the technology to BP but were excluded from a meeting at which Costner and a BP executive inked a multi-million dollar order of the devices.

Unaware of the deal that had been made; Baldwin said he and his friend, Spyridon Contogouris, sold their shares in the company for $1.4 million.

Copyright 2010 ABC News Radio


Tuesday
Dec142010

Twitter Names Its Top Trending Topics of 2010

Photo Courtesy - Nicholas Kamm/AFP/Getty Images(SAN FRANCISCO) -- Twitter says the Gulf oil spill was the number one trending topic on its site this year.  The BP oil rig disaster ranked first on the micro-blogging website’s list of the top ten trends for 2010.  The oil rig exploded in April, and the leaking well wasn’t capped until September.

Justin Bieber ranked eighth, ahead of Harry Potter and the Deathly Hallows and Pulpo Paul, the octopus that picked winning teams during this past summer's World Cup tournament.

Twitter says more than 25 billion messages have been sent so far this year.

Here is Twitter’s list of 2010’s top 10 trending topics:

1. Gulf oil spill
2. FIFA World Cup
3. Inception
4. Haiti earthquake
5. Vuvuzela
6. Apple iPad
7. Google Android
8. Justin Bieber
9. Harry Potter & the Deathly Hallows
10. Pulpo Paul

Copyright 2010 ABC News Radio

Thursday
Sep232010

Kevin Costner Says His Company Can Deal with Future Oil Spills 

Image Courtesy: ABC News(NEW YORK) -- Actor Kevin Costner testified Wednesday before the House of Representatives Committee on Homeland Security in Washington, D.C. about the BP oil spill, which crippled the Gulf Coast economy and severely damaged its ecosystem.  The Oscar winner, who has a company that's been developing a device to separate water from oil, said his researchers have come up with a way to deal with not just one oil spill, but multiple spills occurring simultaneously.  Costner explained, "The plan is simple and it's easy to understand. It is backed up by logistics, science and engineering.  It is an aggressive strategy built around rapid deployment, overwhelming response and the mechanical recovery of oil from water."

Copyright 2010 ABC News Radio







ABC News Radio