Greenpeace activists close London petrol stations in protest against BP oil spill; Vox pop with angry car driver Various views of BP garage with new BP logo designed by Greenpeace showing oil slick on sunflower logo Activists sitting on pavement Traffic along John Sauven (Greenpeace) interview SOT Vox pop with angry car driver Vox pop with drvier who thinks closing garages was a waste of time

AP-APTN-1830: ++US Oil Wednesday, 8 September 2010 STORY:++US Oil- NEW Deepwater Horizon report by BP's investigation team, reax LENGTH: 02:34 FIRST RUN: 1830 RESTRICTIONS: AP Clients Only TYPE: English/Nat SOURCE: AP TELEVISION/BP Handout/US Coast Guard STORY NUMBER: 657130 DATELINE: Various - 8 Sept 2010/FILE LENGTH: 02:34 AP TELEVISION - AP CLIENTS ONLY BP VNR - AP CLIENTS ONLY SHOTLIST: AP Television - AP Clients Only Washington DC - September 8 2010 1. Wide shot of room where BP held a briefing on internal report 2. Tight shot of sign for meeting 3. People walking into room 4. Tight shot of report 5. Tight shot of BP logo on report 6. Person flipping through report 7. Pan of text on report AP Television - AP Clients Only New Orleans, Louisiana - September 8 2010 8. Professor Eric Smith walking down hallway 9. SOUNDBITE: (English) Eric Smith, Associate Director, Energy Institute at A.B. Freeman School of Business at Tulane University: "I think this is sort of staking out legal ground. That's not to say there isn't some good technical work that was done to support the report, particularly in describing the specific events leading up to it. They also describe their theory of what actually went wrong." BP Handout - AP Clients Only Graphic sequence, September 8 2010 10. Animations with voiceover played a briefing, UPSOUND: (English) "In the next two minutes, it appears an attempt was made to bleed the drill pipe, possibly to investigate the differential pressure. Over the next 20 minutes, a series of critical well control events occurred, ending in an order to abandon ship. It's now 2140. Mud overflowed onto the rig floor. A cloud of gas spread, setting off other gas alarms. There was a roaring noise, and the vessel vibrated. The drill pipe pressure rapidly increased to 57,030 psi (pounds per square inch)." US Coast Guard Handout - AP Clients Only FILE: Gulf of Mexico - 04 April 2010 ++NIGHT SHOT++ 11. Wide shot of fire aboard the Deepwater Horizon oil rig US Coast Guard Handout - AP Clients Only FILE: Gulf of Mexico - 04 April 2010 ++DAY SHOT++ 12. Push in to flames on rig AP Television - AP Clients Only New Orleans, Louisiana - September 8 2010 13. SOUNDBITE: (English) Eric Smith, Associate Director, Energy Institute at A.B. Freeman School of Business at Tulane University: "In framing the report, they were attempting, at least equally to provide information as well as to make the two points that their partners in the well should be held proportionately responsible." BP Handout - AP Clients Only September 8 2010 14. Push in to graphic from BP's report stating eight barriers to well failure that were breached AP Television - AP Clients Only New Orleans, Louisiana - September 8 2010 15. SOUNDBITE: (English) Eric Smith, Associate Director, Energy Institute at A.B. Freeman School of Business at Tulane University: "They were trying to point out that there was nothing intrinsically wrong with the design of the well, that they had designed a good well, which is, of course, in opposition to what all the other majors have said is that they wouldn't have designed the well the way these guys did." AP Television - AP Clients Only Barataria Bay, Louisiana - 5 June 2010 16. Close up pelican stuck in oil STORYLINE: In an internal report released on Wednesday oil giant BP blames itself, other companies' workers and a complex series of failures for the massive Gulf of Mexico oil spill and the drilling rig explosion that preceded it. The 193-page report was posted on the company's website even though investigators have not yet begun to fully analyse a key piece of equipment, the blowout preventer, that should have cut off the flow of oil from the ruptured well but did not. That means BP's report is far from the definitive ruling on the blowout's causes, but it may provide some hint of the company's legal strategy - spreading the blame among itself, rig owner Transocean, and cement contractor Halliburton - as it faces hundreds of lawsuits and possible criminal charges over the spill. Government investigators and congressional panels are looking into the cause of the spill as well. Members of Congress, industry experts and workers who survived the rig explosion have accused BP's engineers of cutting corners to save time and money on a project that was 43 days and more than 20 (m) million dollars behind schedule at the time of the blast. BP's report acknowledged, as investigators have previously suggested, that its engineers and employees of Transocean misinterpreted a pressure test of the well's integrity. It also blamed employees on the rig from both companies for failing to respond to warning signs that the well was in danger of blowing out. "In framing the report, they were attempting, at least equally to provide information as well as to make the two points that their partners in the well should be held proportionately responsible," said Professor Eric Smith of the Energy Institute at Tulane University in New Orleans. Mark Bly, BP's chief investigator, said at a briefing in Washington that the internal report was a reconstruction of what happened on the rig based on the company's data and interviews with mostly BP employees and was not meant to focus on assigning blame. The six-person investigating panel only had access to a few workers from other companies, and samples of the actual cement used in the well were not released. Outgoing BP chief Tony Hayward, who is being replaced on Oct. 1 by American Bob Dudley, said in a statement that a bad cement job and a failure of a barrier at the bottom of the well let oil and gas leak out. Transocean blasted BP's report, calling it a self-serving attempt to conceal the real cause of the explosion, which it blamed on what it called "BP's fatally flawed well design." "In both its design and construction, BP made a series of cost-saving decisions that increased risk - in some cases, severely," Transocean said. Halliburton said in a statement of its own that it found a number of omissions and inaccuracies in the report and is confident the work it completed on the well met BP's specifications. "Contractors do not specify well design or make decisions regarding testing procedures as that responsibility lies with the well owner," the statement said. An AP analysis of the report shows that the words "blame" and "mistake" never appear. "Fault" shows up 20 times, but only once in the same sentence as the company's name. A report, also released on Wednesday, by the Interior Department said the Bureau of Ocean Energy Management, Regulation, and Enforcement should increase the number and training of inspectors; conduct more surprise inspections; and stiffen fines and civil penalties on companies found to violate federal rules. The blowout preventer was raised from the water off the coast of Louisiana on Saturday. As of Tuesday afternoon, it had not reached a NASA facility in New Orleans where government investigators planned to analyse it, so those conclusions were not part of BP's report. The rig explosion killed 11 workers and sent 206 (m) million gallons (nearly 800 million litres) of oil spewing from BP's undersea well. Investigators know the explosion was triggered by a bubble of methane gas that escaped from the well and shot up the drill column, expanding quickly as it burst through several seals and barriers before igniting. But they don't know exactly how or why the gas escaped. And they don't know why the blowout preventer didn't seal the well pipe at the sea bottom after the eruption, as it was supposed to. There were signs of problems prior to the explosion, including an unexpected loss of fluid from a pipe known as a riser five hours before the explosion that could have indicated a leak in the blowout preventer. In its report, BP defended the well's design, which has been criticised by industry experts. It also said "more thorough review and testing by Halliburton" and "stronger quality assurance" by BP's well team might have identified potential flaws and weaknesses in the design for the cement job. Clients are reminded: (i) to check the terms of their licence agreements for use of content outside news programming and that further advice and assistance can be obtained from the AP Archive on: Tel +44 (0) 20 7482 7482 Email: infoaparchive.com (ii) they should check with the applicable collecting society in their Territory regarding the clearance of any sound recording or performance included within the AP Television News service (iii) they have editorial responsibility for the use of all and any content included within the AP Television News service and for libel, privacy, compliance and third party rights applicable to their Territory. APTN APEX 09-08-10 1514EDT

AP-APTN-0830: +UK BP 2 Tuesday, 27 July 2010 STORY:+UK BP 2- WRAP BP confirms losses; Dudley to replace Hayward; protest ADDS chairman, reax LENGTH: 05:55 FIRST RUN: 0830 RESTRICTIONS: Part No Access UK/RTE/CNNi/Al Jazeera English TYPE: English/Nat SOURCE: AP TELEVISION/SKY STORY NUMBER: 652489 DATELINE: Varous - 27 July 2010/file LENGTH: 05:55 AP TELEVISION - AP CLIENTS ONLY SKY - NO ACCESS UK/RTE/CNNI/AL JAZEERA ENGLISH SHOTLIST (FIRST RUN 0630 ASIA PRIME NEWS - 27 JULY 2010) AP TELEVISION - AP CLIENTS ONLY FILE: Baghdad, Iraq - 3 November 2009 1. Various shots of outgoing BP chief executive Tony Hayward, signing document and later speaking (FIRST RUN 0630 ASIA PRIME NEWS - 27 JULY 2010) AP TELEVISION - AP CLIENTS ONLY FILE: New Orleans, Louisiana, US - 23 June 2010 2. Various shots of incoming BP chief executive, Bob Dudley (FIRST RUN 1830 NORTH AMERICA PRIME NEWS - 26 JULY 2010) AP TELEVISION - AP CLIENTS ONLY FILE: Washington, DC, US - 16 June 2010 3. Pan as BP Chairman Carl-Henric Svanberg walks out of White House, followed by Hayward, Dudley and BP America President Lamar McKay 4. Mid of Hayward, Dudley and McKay listening to Svanberg speaking to the media outside the White House (FIRST RUN 1830 NORTH AMERICA PRIME NEWS - 26 JULY 2010) AP TELEVISION - AP CLIENTS ONLY FILE: Washington, DC, US - 17 June 2010 5. Pan of Hayward arriving for hearing with US lawmakers (FIRST RUN 2030 LATAM PRIME NEWS - 26 JULY 2010) POOL - AP CLIENTS ONLY London, UK - 26 July 2010 6. Car bearing Hayward leaving building, surrounded by media (FIRST RUN 1830 NORTH AMERICA PRIME NEWS - 26 JULY 2010) AP PHOTOS - NO ACCESS CANADA/FOR BROADCAST USE ONLY - STRICTLY NO ACCESS ONLINE OR MOBILE Washington, DC, US - 16 June 2010 7. STILL of Dudley with Hayward at the White House after a meeting with US President Barack Obama ++OVERLAYS AUDIO WITH SEPARATE RESTRICTIONS AS BELOW++ ++NEW (FIRST RUN 0830 EUROPE PRIME NEWS - 27 JULY 2010) SKY - NO ACCESS UK/RTE/CNNI/AL JAZEERA ENGLISH London, UK - 27 July 2010 8. SOUNDBITE (English) Carl-Henric Svanberg, BP Chairman (++SOUNDBITE STARTS ON SHOT 7, PLEASE SEE RESTRICTIONS++): "The fact that Tony is stepping down is a mutual agreement between the board and Tony. Tony has done a great job over his thirty years and also as a CEO, and has driven the company's performance and developed it in so many critical ways, and he's also led an unprecedented response in the Gulf of Mexico. But it became clear, both for the board and for Tony, that in going forward, in rebuilding the company strength, and in rebuilding its reputation, we needed fresh leadership, and that's what we are announcing today." (Reporter: Why do you need fresh leadership if he has done such a good job?) "I think, in view of the Macondo well and everything that has happened and I think it became clear that you needed, in this case, a new face and a new man to lead this. And of course, especially America, is our biggest market that is also important, so I think it became difficult for him to take on that task." (Reporter: I mean, clearly the board was reluctant to ditch Tony Hayward. It seems that you have crumbled to American political pressure. At what point did you crumble?) "That is not true at all, because we have been absolutely focused on stopping the flow of oil in the Gulf of Mexico. That was the absolutely the first and most important thing. Now that we are not spreading any more oil there since almost two weeks, was the first and right moment to start and think forward about how we rebuild the company and addressed it. The leadership of the company was never discussed when I was in the White House and through any of those negotiations." ++NEW (FIRST RUN 0830 EUROPE PRIME NEWS - 27 JULY 2010) AP TELEVISION - AP CLIENTS ONLY London, UK - 27 July 2010 9. Pan across buildings in Canary Wharf financial district 10. Top of tower 11. Various of brokers at work at BGC Partners 12. SOUNDBITE: (English) Howard Wheeldon, Senior Strategist at BGC Partners: "Well, it's the worst set of quarterly results from any British company at any time in the history of markets, I think. So that says it all. A 32-billion-dollar provision in one quarter for the Gulf of Mexico incident. On top of that, the general performance of BP has been pretty weak." 13. Broker on telephone 14. Close-up of broker 15. SOUNDBITE: (English) Howard Wheeldon, Senior Strategist at BGC Partners: "I think there's a general air of satisfaction that the (BP) management changes are now confirmed and that there is a parting of ways on reasonably good terms. Tony Hayward will, of course, stay on the BP Russian operation - that's TNK. That, I think, is a sensible move. It keeps the link, even though he won't be on the main board. So, all in all, I think it's general satisfaction all round." 16. Various shots of office 17. SOUNDBITE: (English) Howard Wheeldon, Senior Strategist at BGC Partners: "I think it's very significant. It's politically correct in this situation. BP is signalling that it isn't going to walk away from America. It wants to be a part of America. And with a CEO who is an American, I think the relationship between BP and the US can actually begin to reverse the decline we've seen over the past few months and indeed grow into something very, very strong." 18. Wide of brokers (FIRST RUN 0630 ASIA PRIME NEWS - 27 JULY 2010) AP TELEVISION - AP CLIENTS ONLY London, UK - 27 July 2010 19. Greenpeace activist carrying metal fence out of van at BP petrol station 20. Banner reading (English): "Closed. Moving beyond petroleum". 21. Various of activists locking fence together 22. Greenpeace activist placing banner over BP logo 23. Close of activist 24. SOUNDBITE: (English) John Sauven, Executive Director Greenpeace UK: "Well, today we have shut all BP's garages in London. We want BP to pause. They are going to change the boss, we want them to change the strategy. We want them to move beyond petroleum, to get out of the risky developments in the deep water Gulf, in the tar sands of Canada, in the Arctic, develop cleaner fuels, renewable energy. They need to change their investment strategy." 25. Various of activists by BP petrol station STORYLINE BP's embattled Chief Executive Officer Tony Hayward will be replaced by American Robert Dudley on October 1, the company said on Tuesday, as it reported a record quarterly loss and set aside 32.2 (b) billion US dollars to cover the costs of the devastating Gulf of Mexico oil spill. BP said the decision to replace 53-year-old Hayward with the company's first ever non-British CEO was made by mutual agreement. In a mark of faith in its outgoing leader, BP said it planned to recommend him for a non-executive board position at its Russian joint venture and will pay him 1.045 million pounds (1.6 million US dollars), a year's salary, in lieu of notice. "The fact that Tony is stepping down is a mutual agreement between the board and Tony," BP Chairman Carl-Henric Svanberg said in an interview with broadcaster Sky News. Svanberg said the April 20 explosion of the Macondo well on the Deepwater Horizon platform run by BP in the Gulf of Mexico has been a "watershed incident" for the company. "In going forward, in rebuilding the company strength, and in rebuilding its reputation, we needed fresh leadership," he said. Besides permanently plugging the oil leak and cleaning up the spill and the company's image, Dudley will oversee the sale of 30 (b) billion US dollars in assets over the next 18 months to bolster the company's finances. Hayward, who has a Ph.D in geology, had been a well-regarded chief executive. "Tony has done a great job over his thirty years and also as a CEO, and has driven the company's performance and developed it in so many critical ways, and he's also led an unprecedented response in the Gulf of Mexico," Svanberg said in the interview with Sky. But Hayward's promise when he took the job in 2007 to focus "like a laser" on safety came back to haunt him after the explosion on the Deepwater Horizon rig killed 11 workers and unleashed a deep-sea gusher of oil. He became the lightning rod for anti-BP feeling in the United States and didn't help matters with a series of gaffes, raising hackles by saying "I want my life back," going sailing, and what was viewed as an evasive performance before US congressmen in June. In a statement on Tuesday, Hayward said it was right that BP embark on its next phase under new leadership. On top of the 1.6 (m) million US dollar payout, Hayward retains his rights to shares under a long-term performance programme which could eventually be worth several million pounds if BP's share price recovers. BP shares were on Tuesday up modestly even though the costs of the environmental disaster meant the company recorded a loss of 17 (b) billion US dollars for the second quarter, compared with a profit of 4.39 (b) billion US dollars a year earlier. It is the first time in 18 years that the company has been in the red. "It's the worst set of quarterly results from any British company at any time in the history of markets, I think. So that says it all," said senior strategist at BGC Partners, Howard Wheeldon. However, Wheeldon said that Tuesday's announcement had created "a general air of satisfaction". BP said the 32.2 (b) billion US dollar charge includes the 20 (b) billion US dollars compensation fund the company set up following pressure from US President Barack Obama as well as costs to date of 2.9 (b) billion US dollars. Currently BP's managing director, Dudley grew up partly in Hattiesburg, Mississippi, and has so far avoided any public missteps. He spent 20 years at Amoco Corp., which merged with BP in 1998, and lost out to Hayward on the CEO slot three years ago. Dudley will be based in London when he takes up his appointment and will hand over his present duties in the United States to Lamar McKay, the chairman and president of BP America. Wheeldon said the fact that Dudley was American is significant. "BP is signalling that it isn't going to walk away from America. It wants to be a part of America. And with a CEO who is an American, I think the relationship between BP and the US can actually begin to reverse the decline we've seen over the past few months." In London, Greenpeace activists closed more than 50 service stations in a protest timed to coincide with the company's earnings update. The environmental action group said it was calling on the company to focus on greener and renewable sources of energy. BP said it planned to tell analysts in an update later Tuesday that it will sell assets for up to 30 (b) billion US dollars over the next 18 months, "primarily in the upstream business, and selected on the basis that they are worth more to other companies than to BP." That would leave the company with a smaller, but higher quality Exploration & Production business, it said. Clients are reminded: (i) to check the terms of their licence agreements for use of content outside news programming and that further advice and assistance can be obtained from the AP Archive on: Tel +44 (0) 20 7482 7482 Email: infoaparchive.com (ii) they should check with the applicable collecting society in their Territory regarding the clearance of any sound recording or performance included within the AP Television News service (iii) they have editorial responsibility for the use of all and any content included within the AP Television News service and for libel, privacy, compliance and third party rights applicable to their Territory. APTN APEX 07-27-10 0619EDT

The office development currently under renovation at Carlton House Terrace that will house the new BP Plc headquarters in London, UK on Monday, July 31, 20123. BP will report their first-half results on Tuesday, Aug. 1

WASHINGTON, DISTRICT OF COLUMBIA - MAY 31: (AUDIO OMITTED) Cars drive down the road on May 31, 2024 in Washington DC. (Footage By WW News/Getty Images)

AP-APTN-0930: UK BP 2 Tuesday, 27 July 2010 STORY:UK BP 2- WRAP BP confirms losses; Dudley to replace Hayward; protest, chairman, reax LENGTH: 05:55 FIRST RUN: 0830 RESTRICTIONS: Part No Access UK/RTE/CNNi/Al Jazeera English TYPE: English/Nat SOURCE: AP TELEVISION/SKY STORY NUMBER: 652489 DATELINE: Varous - 27 July 2010/file LENGTH: 05:55 AP TELEVISION - AP CLIENTS ONLY SKY - NO ACCESS UK/RTE/CNNI/AL JAZEERA ENGLISH SHOTLIST (FIRST RUN 0630 ASIA PRIME NEWS - 27 JULY 2010) AP TELEVISION - AP CLIENTS ONLY FILE: Baghdad, Iraq - 3 November 2009 1. Various shots of outgoing BP chief executive Tony Hayward, signing document and later speaking (FIRST RUN 0630 ASIA PRIME NEWS - 27 JULY 2010) AP TELEVISION - AP CLIENTS ONLY FILE: New Orleans, Louisiana, US - 23 June 2010 2. Various shots of incoming BP chief executive, Bob Dudley (FIRST RUN 1830 NORTH AMERICA PRIME NEWS - 26 JULY 2010) AP TELEVISION - AP CLIENTS ONLY FILE: Washington, DC, US - 16 June 2010 3. Pan as BP Chairman Carl-Henric Svanberg walks out of White House, followed by Hayward, Dudley and BP America President Lamar McKay 4. Mid of Hayward, Dudley and McKay listening to Svanberg speaking to the media outside the White House (FIRST RUN 1830 NORTH AMERICA PRIME NEWS - 26 JULY 2010) AP TELEVISION - AP CLIENTS ONLY FILE: Washington, DC, US - 17 June 2010 5. Pan of Hayward arriving for hearing with US lawmakers (FIRST RUN 2030 LATAM PRIME NEWS - 26 JULY 2010) POOL - AP CLIENTS ONLY London, UK - 26 July 2010 6. Car bearing Hayward leaving building, surrounded by media (FIRST RUN 1830 NORTH AMERICA PRIME NEWS - 26 JULY 2010) AP PHOTOS - NO ACCESS CANADA/FOR BROADCAST USE ONLY - STRICTLY NO ACCESS ONLINE OR MOBILE Washington, DC, US - 16 June 2010 7. STILL of Dudley with Hayward at the White House after a meeting with US President Barack Obama ++OVERLAYS AUDIO WITH SEPARATE RESTRICTIONS AS BELOW++ (FIRST RUN 0830 EUROPE PRIME NEWS - 27 JULY 2010) SKY - NO ACCESS UK/RTE/CNNI/AL JAZEERA ENGLISH London, UK - 27 July 2010 8. SOUNDBITE (English) Carl-Henric Svanberg, BP Chairman (++SOUNDBITE STARTS ON SHOT 7, PLEASE SEE RESTRICTIONS++): "The fact that Tony is stepping down is a mutual agreement between the board and Tony. Tony has done a great job over his thirty years and also as a CEO, and has driven the company's performance and developed it in so many critical ways, and he's also led an unprecedented response in the Gulf of Mexico. But it became clear, both for the board and for Tony, that in going forward, in rebuilding the company strength, and in rebuilding its reputation, we needed fresh leadership, and that's what we are announcing today." (Reporter: Why do you need fresh leadership if he has done such a good job?) "I think, in view of the Macondo well and everything that has happened and I think it became clear that you needed, in this case, a new face and a new man to lead this. And of course, especially America, is our biggest market that is also important, so I think it became difficult for him to take on that task." (Reporter: I mean, clearly the board was reluctant to ditch Tony Hayward. It seems that you have crumbled to American political pressure. At what point did you crumble?) "That is not true at all, because we have been absolutely focused on stopping the flow of oil in the Gulf of Mexico. That was the absolutely the first and most important thing. Now that we are not spreading any more oil there since almost two weeks, was the first and right moment to start and think forward about how we rebuild the company and addressed it. The leadership of the company was never discussed when I was in the White House and through any of those negotiations." (FIRST RUN 0830 EUROPE PRIME NEWS - 27 JULY 2010) AP TELEVISION - AP CLIENTS ONLY London, UK - 27 July 2010 9. Pan across buildings in Canary Wharf financial district 10. Top of tower 11. Various of brokers at work at BGC Partners 12. SOUNDBITE: (English) Howard Wheeldon, Senior Strategist at BGC Partners: "Well, it's the worst set of quarterly results from any British company at any time in the history of markets, I think. So that says it all. A 32-billion-dollar provision in one quarter for the Gulf of Mexico incident. On top of that, the general performance of BP has been pretty weak." 13. Broker on telephone 14. Close-up of broker 15. SOUNDBITE: (English) Howard Wheeldon, Senior Strategist at BGC Partners: "I think there's a general air of satisfaction that the (BP) management changes are now confirmed and that there is a parting of ways on reasonably good terms. Tony Hayward will, of course, stay on the BP Russian operation - that's TNK. That, I think, is a sensible move. It keeps the link, even though he won't be on the main board. So, all in all, I think it's general satisfaction all round." 16. Various shots of office 17. SOUNDBITE: (English) Howard Wheeldon, Senior Strategist at BGC Partners: "I think it's very significant. It's politically correct in this situation. BP is signalling that it isn't going to walk away from America. It wants to be a part of America. And with a CEO who is an American, I think the relationship between BP and the US can actually begin to reverse the decline we've seen over the past few months and indeed grow into something very, very strong." 18. Wide of brokers (FIRST RUN 0630 ASIA PRIME NEWS - 27 JULY 2010) AP TELEVISION - AP CLIENTS ONLY London, UK - 27 July 2010 19. Greenpeace activist carrying metal fence out of van at BP petrol station 20. Banner reading (English): "Closed. Moving beyond petroleum". 21. Various of activists locking fence together 22. Greenpeace activist placing banner over BP logo 23. Close of activist 24. SOUNDBITE: (English) John Sauven, Executive Director Greenpeace UK: "Well, today we have shut all BP's garages in London. We want BP to pause. They are going to change the boss, we want them to change the strategy. We want them to move beyond petroleum, to get out of the risky developments in the deep water Gulf, in the tar sands of Canada, in the Arctic, develop cleaner fuels, renewable energy. They need to change their investment strategy." 25. Various of activists by BP petrol station STORYLINE BP's embattled Chief Executive Officer Tony Hayward will be replaced by American Robert Dudley on October 1, the company said on Tuesday, as it reported a record quarterly loss and set aside 32.2 (b) billion US dollars to cover the costs of the devastating Gulf of Mexico oil spill. BP said the decision to replace 53-year-old Hayward with the company's first ever non-British CEO was made by mutual agreement. In a mark of faith in its outgoing leader, BP said it planned to recommend him for a non-executive board position at its Russian joint venture and will pay him 1.045 million pounds (1.6 million US dollars), a year's salary, in lieu of notice. "The fact that Tony is stepping down is a mutual agreement between the board and Tony," BP Chairman Carl-Henric Svanberg said in an interview with broadcaster Sky News. Svanberg said the April 20 explosion of the Macondo well on the Deepwater Horizon platform run by BP in the Gulf of Mexico has been a "watershed incident" for the company. "In going forward, in rebuilding the company strength, and in rebuilding its reputation, we needed fresh leadership," he said. Besides permanently plugging the oil leak and cleaning up the spill and the company's image, Dudley will oversee the sale of 30 (b) billion US dollars in assets over the next 18 months to bolster the company's finances. Hayward, who has a Ph.D in geology, had been a well-regarded chief executive. "Tony has done a great job over his thirty years and also as a CEO, and has driven the company's performance and developed it in so many critical ways, and he's also led an unprecedented response in the Gulf of Mexico," Svanberg said in the interview with Sky. But Hayward's promise when he took the job in 2007 to focus "like a laser" on safety came back to haunt him after the explosion on the Deepwater Horizon rig killed 11 workers and unleashed a deep-sea gusher of oil. He became the lightning rod for anti-BP feeling in the United States and didn't help matters with a series of gaffes, raising hackles by saying "I want my life back," going sailing, and what was viewed as an evasive performance before US congressmen in June. In a statement on Tuesday, Hayward said it was right that BP embark on its next phase under new leadership. On top of the 1.6 (m) million US dollar payout, Hayward retains his rights to shares under a long-term performance programme which could eventually be worth several million pounds if BP's share price recovers. BP shares were on Tuesday up modestly even though the costs of the environmental disaster meant the company recorded a loss of 17 (b) billion US dollars for the second quarter, compared with a profit of 4.39 (b) billion US dollars a year earlier. It is the first time in 18 years that the company has been in the red. "It's the worst set of quarterly results from any British company at any time in the history of markets, I think. So that says it all," said senior strategist at BGC Partners, Howard Wheeldon. However, Wheeldon said that Tuesday's announcement had created "a general air of satisfaction". BP said the 32.2 (b) billion US dollar charge includes the 20 (b) billion US dollars compensation fund the company set up following pressure from US President Barack Obama as well as costs to date of 2.9 (b) billion US dollars. Currently BP's managing director, Dudley grew up partly in Hattiesburg, Mississippi, and has so far avoided any public missteps. He spent 20 years at Amoco Corp., which merged with BP in 1998, and lost out to Hayward on the CEO slot three years ago. Dudley will be based in London when he takes up his appointment and will hand over his present duties in the United States to Lamar McKay, the chairman and president of BP America. Wheeldon said the fact that Dudley was American is significant. "BP is signalling that it isn't going to walk away from America. It wants to be a part of America. And with a CEO who is an American, I think the relationship between BP and the US can actually begin to reverse the decline we've seen over the past few months." In London, Greenpeace activists closed more than 50 service stations in a protest timed to coincide with the company's earnings update. The environmental action group said it was calling on the company to focus on greener and renewable sources of energy. BP said it planned to tell analysts in an update later Tuesday that it will sell assets for up to 30 (b) billion US dollars over the next 18 months, "primarily in the upstream business, and selected on the basis that they are worth more to other companies than to BP." That would leave the company with a smaller, but higher quality Exploration & Production business, it said. Clients are reminded: (i) to check the terms of their licence agreements for use of content outside news programming and that further advice and assistance can be obtained from the AP Archive on: Tel +44 (0) 20 7482 7482 Email: infoaparchive.com (ii) they should check with the applicable collecting society in their Territory regarding the clearance of any sound recording or performance included within the AP Television News service (iii) they have editorial responsibility for the use of all and any content included within the AP Television News service and for libel, privacy, compliance and third party rights applicable to their Territory. APTN APEX 07-27-10 0700EDT

AP-APTN-2330: +US Oil 3 Wednesday, 8 September 2010 STORY:+US Oil 3- WRAP Deepwater Horizon report by BP team, reax ADDS oil expert LENGTH: 03:13 FIRST RUN: 2330 RESTRICTIONS: AP Clients Only TYPE: English/Nat SOURCE: VARIOUS STORY NUMBER: 657153 DATELINE: Various - 8 Sept 2010/FILE LENGTH: 03:13 AP TELEVISION - AP CLIENTS ONLY BP HANDOUT - AP CLIENTS ONLY US COAST GUARD - AP CLIENTS ONLY SHOTLIST (FIRST RUN 1830 NORTH AMERICA PRIME NEWS - 8 SEPTEMBER 2010) AP TELEVISION - AP CLIENTS ONLY Washington DC - 8 September 2010 1. Wide of room where BP held a briefing on internal report 2. Close of sign for meeting 3. People walking into room 4. Close of report 5. Close of BP logo on report 6. Person flipping through report 7. Close pan of text on report (FIRST RUN 1830 NORTH AMERICA PRIME NEWS - 8 SEPTEMBER 2010) AP TELEVISION - AP CLIENTS ONLY New Orleans, Louisiana - 8 September 2010 8. Professor Eric Smith walking down hallway 9. SOUNDBITE: (English) Eric Smith, Associate Director, Energy Institute at A.B. Freeman School of Business at Tulane University: "I think this is sort of staking out legal ground. That's not to say there isn't some good technical work that was done to support the report, particularly in describing the specific events leading up to it. They also describe their theory of what actually went wrong." (FIRST RUN 1830 NORTH AMERICA PRIME NEWS - 8 SEPTEMBER 2010) BP HANDOUT - AP CLIENTS ONLY Graphic sequence - 8 September 2010 10. Animations with voiceover played at briefing, UPSOUND: (English) "In the next two minutes, it appears an attempt was made to bleed the drill pipe, possibly to investigate the differential pressure. Over the next 20 minutes, a series of critical well control events occurred, ending in an order to abandon ship. It's now 21:40. Mud overflowed onto the rig floor. A cloud of gas spread, setting off other gas alarms. There was a roaring noise, and the vessel vibrated. The drill pipe pressure rapidly increased to 57,030 psi (pounds per square inch)." (FIRST RUN 1830 NORTH AMERICA PRIME NEWS - 8 SEPTEMBER 2010) US COAST GUARD - AP CLIENTS ONLY FILE: Gulf of Mexico - 4 April 2010 ++NIGHT SHOT++ 11. Wide of fire aboard the Deepwater Horizon oil rig (FIRST RUN 1830 NORTH AMERICA PRIME NEWS - 8 SEPTEMBER 2010) US COAST GUARD - AP CLIENTS ONLY FILE: Gulf of Mexico - 4 April 2010 ++DAY SHOT++ 12. Push in to flames on rig (FIRST RUN 1830 NORTH AMERICA PRIME NEWS - 8 SEPTEMBER 2010) AP TELEVISION - AP CLIENTS ONLY New Orleans, Louisiana - 8 September 2010 13. SOUNDBITE: (English) Eric Smith, Associate Director, Energy Institute at A.B. Freeman School of Business at Tulane University: "In framing the report, they were attempting, at least equally to provide information as well as to make the two points that their partners in the well should be held proportionately responsible." (FIRST RUN 1830 NORTH AMERICA PRIME NEWS - 8 SEPTEMBER 2010) BP HANDOUT - AP CLIENTS ONLY Graphic - 8 September 2010 14. Push in to graphic from BP's report stating eight barriers to well failure that were breached (FIRST RUN 1830 NORTH AMERICA PRIME NEWS - 8 SEPTEMBER 2010) AP TELEVISION - AP CLIENTS ONLY New Orleans, Louisiana - 8 September 2010 15. SOUNDBITE: (English) Eric Smith, Associate Director, Energy Institute at A.B. Freeman School of Business at Tulane University: "They were trying to point out that there was nothing intrinsically wrong with the design of the well, that they designed a good well, which is, of course, in opposition to what all the other majors have said is that they wouldn't have designed the well the way these guys did." ++NEW (FIRST RUN 2330 AMERICAS PRIME NEWS - 8 SEPTEMBER 2010) AP TELEVISION - AP CLIENTS ONLY Baton Rouge, Louisiana - 8 September 2010 16. Pan from sign reading "Blowout Prevention Research Well Facility" to Daryl Bourgogyne of LSU Petroleum Engineering 17. SOUNDBITE: (English) Daryl Bourgogyne, LSU Petroleum Engineering: "You know, the fundamental cause to me that they cited in the report was the interpretation or the acceptance of an inappropriate negative test because the barriers weren't verified at that point." (Question: "Human error, essentially?") "Essentially human error, yes." (FIRST RUN 2030 LATAM PRIME NEWS - 8 SEPTEMBER 2010) AP TELEVISION - AP CLIENTS ONLY Venice, Louisiana - 8 September 2010 18. Wide of fishing boats docked in harbour 19. SOUNDBITE: (English) Henry Hess, fisherman: "They don't want to pay all of it. They want the rest of them to pitch in too because it's all of them's fault. It ain't just one. It's all of them. They all out there working." 20. Wide of building with "Halliburton" written on side 21. Mid of Halliburton sign STORYLINE Oil giant BP took some of the blame for the Gulf oil disaster in an internal report issued on Wednesday, acknowledging among other things that it misinterpreted a key pressure test of the oil well. But in a possible preview of its legal strategy, it also pointed the finger at its partners on the doomed rig. The highly technical, 193-page report attributes the worst offshore oil spill in US history and the rig explosion that set it off to a complex chain of failures, both human and mechanical. Some of those problems have been made public over the past four-and-a-half months, such as the failure of the blowout preventer to clamp the well shut. The report is far from the definitive ruling on the cause of the catastrophe. Government investigators have not yet begun to fully analyze the blowout preventer, which was raised from the bottom of the sea last weekend. But it provides an early look at the company's probable legal strategy, spreading the blame among itself, rig owner Transocean, and cement contractor Halliburton, as it deals with hundreds of lawsuits, (b) billions of dollars in claims and possible criminal charges in the coming months and years. Some local fishermen in Venice, Louisiana, suggested the report indicated BP was looking to others to help with the financial burden of restoring the Gulf. "They don't want to pay all of it," one man said. The disaster began when the Deepwater Horizon exploded off the coast of Louisiana on April 20, killing 11 workers. BP's well spewed more than 200 (m) million gallons (757 (m) million litres) of oil into the Gulf before a temporary cap stopped it in mid-July. Members of Congress, industry experts and workers who survived the rig explosion have accused BP's engineers of cutting corners to save time and money on a project that was 43 days and more than 20 (m) million US dollars behind schedule at the time of the blast. Nearly 24 hours before the explosion, Halliburton was using cement to seal the gap between the well casing and the hole drilled in the seafloor. It was also cementing the bottom of the well shut until the day BP was ready to begin extracting oil and gas from it. In its report, BP said that it was a bad cementing job that contributed to the blowout and that the design of the well was probably not to blame. It also said "more thorough review and testing by Halliburton" and "stronger quality assurance" by BP's well team might have identified weaknesses in the plan for cementing. The report acknowledged, as investigators have previously suggested, that BP's engineers and employees of Transocean misinterpreted a pressure test of the well's integrity before the explosion. They also blamed employees on the rig from both companies for failing to respond to other warning signs that the well was in danger of blowing out. Daryl Bourgogyne, of LSU Petroleum Engineering, said the report pointed to human error as a chief cause for the disaster. "In framing the report, they were attempting, at least equally to provide information as well as to make the two points that their partners in the well should be held proportionately responsible," said Professor Eric Smith of the Energy Institute at Tulane University in New Orleans. Mark Bly, BP's chief investigator, said at a briefing in Washington that the internal report was a reconstruction of what happened on the rig based on the company's data and interviews with mostly BP employees and was not meant to focus on assigning blame. An AP analysis of the report shows that the words "blame" and "mistake" never appear. "Fault" shows up 20 times, but only once in the same sentence as the company's name. The six-person investigating panel had access only to a few workers from other companies, and samples of the actual cement used in the well were not released to BP. Transocean blasted the report as a self-serving attempt to conceal what it called the real cause of the explosion, "BP's fatally flawed well design." Halliburton said it found a number of omissions and inaccuracies in the report and was confident the work it completed on the well met BP's specifications. A report, also released on Wednesday, by the Interior Department said the Bureau of Ocean Energy Management, Regulation and Enforcement should increase the number and training of inspectors, conduct more surprise inspections, and stiffen fines and civil penalties on companies found to violate federal rules. Clients are reminded: (i) to check the terms of their licence agreements for use of content outside news programming and that further advice and assistance can be obtained from the AP Archive on: Tel +44 (0) 20 7482 7482 Email: infoaparchive.com (ii) they should check with the applicable collecting society in their Territory regarding the clearance of any sound recording or performance included within the AP Television News service (iii) they have editorial responsibility for the use of all and any content included within the AP Television News service and for libel, privacy, compliance and third party rights applicable to their Territory. APTN APEX 09-08-10 2025EDT

WASHINGTON, DISTRICT OF COLUMBIA - MAY 31: (AUDIO OMITTED) Cars drive down the road on May 31, 2024 in Washington DC. (Footage By WW News/Getty Images)

AP-APTN-2230: Algeria Hostage Crisis Tuesday, 22 January 2013 STORY:Algeria Hostage Crisis- 4:3 New video of workers at gas complex after end of siege LENGTH: 00:58 FIRST RUN: 1830 RESTRICTIONS: See Script TYPE: Natsound SOURCE: FRANCE 24 STORY NUMBER: 876191 DATELINE: Ain Amenas - 20 Jan 2013 LENGTH: 00:58 FRANCE 24 - NO ACCESS FRANCE/72 HOUR NEWS USAGE/NO INTERNET/NO ARCHIVE/NO FRAME GRABS/FRANCE 24 LOGO MUST REMAIN VISIBLE THROUGHOUT SHOTLIST: 1. Various tracking shots through a section of the Ain Amenas natural gas complex, abandoned vehicles, stained mattress, blankets and personal items strewn on ground 2. Various of abandoned worker accommodation 3. Various of workers walking away from gas complex with luggage and being evacuated in trucks to Amenas STORYLINE: Amateur video obtained by broadcaster France 24 purports to show plant workers inspecting some of the living quarters of the Algerian natural gas complex that was attacked by Islamic militants last week. The French television channel said the video shows employees at the Ain Amenas facility on Sunday picking through strewn belongings and making their way to be evacuated, after the siege had ended. AP cannot independently verify the footage. Several men can be seen inspecting a Toyota 4x4 vehicle, believed to have been abandoned by the Islamic militant attackers. Military fatigues are visible in the back of the vehicle and a loudhailer on the front seat. Other items littered the accommodation complex including blankets and a stained mattress. According to France 24, the workers were then driven away in trucks towards Amenas, 24 miles (40 kilometres away). On Tuesday Algerian forces scoured the Sahara Desert around the complex searching for five foreign energy workers who vanished during the chaotic four-day battle with the militants. The confrontation that began when al-Qaida-affiliated militants stormed the remote desert plant and took hostages early on Wednesday, was punctuated by exploding cars, attacks from helicopters and a final assault by Algerian special forces. In all, 37 hostages, including an Algerian security guard, and 29 militants were killed, but five other foreign workers remain unaccounted for. The complex, jointly run by BP, Norway's Statoil and the Algerian state oil company, is located deep in the Sahara, some 800 miles (1,300 kilometres) south of the Mediterranean coast, with few population centres nearby. More than 700 people work at the facility, including 130 foreigners from 26 countries who were targeted by the militants. The audacious attack showed the improved capabilities of al-Qaida-linked groups in the Sahara. Some 32 militants coming from across North Africa, with two from Canada, participated in the attack. Three were captured and the rest killed. Algeria said the group came from northern Mali, hundreds of miles away, sneaking across the borders of Libya and Niger before finally entering Algeria. A group called the Masked Brigade claimed responsibility for the attack, saying it came in retaliation for Algeria's support of a French military operation against Islamist extremists in northern Mali and promised further such attacks. The group said the operation was two months in the planning. Clients are reminded: (i) to check the terms of their licence agreements for use of content outside news programming and that further advice and assistance can be obtained from the AP Archive on: Tel +44 (0) 20 7482 7482 Email: infoaparchive.com (ii) they should check with the applicable collecting society in their Territory regarding the clearance of any sound recording or performance included within the AP Television News service (iii) they have editorial responsibility for the use of all and any content included within the AP Television News service and for libel, privacy, compliance and third party rights applicable to their Territory. APTN AP-WF-01-22-13 2235GMT

WASHINGTON, DISTRICT OF COLUMBIA - MAY 31: (AUDIO OMITTED) Cars drive down the road on May 31, 2024 in Washington DC. (Footage By WW News/Getty Images)

HOLLINS, VIRGINIA - JUNE 11: (AUDIO OMITTED)Drive to BP gas station on June 11, 2022 in Hollins, Virginia. McDonald's is in the background. Gas prices come to a new record high amid the inflation and the War between Russia and Ukraine. (Footage By WW News/Getty Images).

AP-APTN-1830: ++Algeria Hostage Crisis Tuesday, 22 January 2013 STORY:++Algeria Hostage Crisis- 4:3 New video of workers at gas complex after end of siege LENGTH: 00:58 FIRST RUN: 1830 RESTRICTIONS: See Script TYPE: Natsound SOURCE: FRANCE 24 STORY NUMBER: 876191 DATELINE: Ain Amenas - 20 Jan 2013 LENGTH: 00:58 FRANCE 24 - NO ACCESS FRANCE/72 HOUR NEWS USAGE/NO INTERNET/NO ARCHIVE/NO FRAME GRABS/FRANCE 24 LOGO MUST REMAIN VISIBLE THROUGHOUT SHOTLIST: 1. Various tracking shots through a section of the Ain Amenas natural gas complex, abandoned vehicles, stained mattress, blankets and personal items strewn on ground 2. Various of abandoned worker accommodation 3. Various of workers walking away from gas complex with luggage and being evacuated in trucks to Amenas STORYLINE: Amateur video obtained by broadcaster France 24 purports to show plant workers inspecting some of the living quarters of the Algerian natural gas complex that was attacked by Islamic militants last week. The French television channel said the video shows employees at the Ain Amenas facility on Sunday picking through strewn belongings and making their way to be evacuated, after the siege had ended. AP cannot independently verify the footage. Several men can be seen inspecting a Toyota 4x4 vehicle, believed to have been abandoned by the Islamic militant attackers. Military fatigues are visible in the back of the vehicle and a loudhailer on the front seat. Other items littered the accommodation complex including blankets and a stained mattress. According to France 24, the workers were then driven away in trucks towards Amenas, 24 miles (40 kilometres away). On Tuesday Algerian forces scoured the Sahara Desert around the complex searching for five foreign energy workers who vanished during the chaotic four-day battle with the militants. The confrontation that began when al-Qaida-affiliated militants stormed the remote desert plant and took hostages early on Wednesday, was punctuated by exploding cars, attacks from helicopters and a final assault by Algerian special forces. In all, 37 hostages, including an Algerian security guard, and 29 militants were killed, but five other foreign workers remain unaccounted for. The complex, jointly run by BP, Norway's Statoil and the Algerian state oil company, is located deep in the Sahara, some 800 miles (1,300 kilometres) south of the Mediterranean coast, with few population centres nearby. More than 700 people work at the facility, including 130 foreigners from 26 countries who were targeted by the militants. The audacious attack showed the improved capabilities of al-Qaida-linked groups in the Sahara. Some 32 militants coming from across North Africa, with two from Canada, participated in the attack. Three were captured and the rest killed. Algeria said the group came from northern Mali, hundreds of miles away, sneaking across the borders of Libya and Niger before finally entering Algeria. A group called the Masked Brigade claimed responsibility for the attack, saying it came in retaliation for Algeria's support of a French military operation against Islamist extremists in northern Mali and promised further such attacks. The group said the operation was two months in the planning. Clients are reminded: (i) to check the terms of their licence agreements for use of content outside news programming and that further advice and assistance can be obtained from the AP Archive on: Tel +44 (0) 20 7482 7482 Email: infoaparchive.com (ii) they should check with the applicable collecting society in their Territory regarding the clearance of any sound recording or performance included within the AP Television News service (iii) they have editorial responsibility for the use of all and any content included within the AP Television News service and for libel, privacy, compliance and third party rights applicable to their Territory. APTN AP-WF-01-22-13 2013GMT

HOLLINS, VIRGINIA - JUNE 11: (AUDIO OMITTED)Drive to BP gas station on June 11, 2022 in Hollins, Virginia. McDonald's is in the background. Gas prices come to a new record high amid the inflation and the War between Russia and Ukraine. (Footage By WW News/Getty Images).

AP-APTN-0930: HKong HSBC Tuesday, 11 December 2012 STORY:HKong HSBC- Analyst on reports banking giant HSBC to pay $1.9 billion to settle probe LENGTH: 01:48 FIRST RUN: 0530 RESTRICTIONS: AP Clients Only TYPE: English/Nat SOURCE: AP TELEVISION STORY NUMBER: 870598 DATELINE: Various - 11 Dec 2012/FILE LENGTH: 01:48 SHOTLIST FILE: Hong Kong - 11 December 2012 1. Wide of HSBC branch in Hong Kong 2. Close-up HSBC sign 3. Wide of Hong Kong Stock Exchange trading floor 4. Mid of electronic share price display screen 5. Close-up of electronic share price display screen 6. Wide of exchange logo on wall, electronic ticker tape above it 7. Close-up of electronic ticker tape display showing price of HSBC shares up 0.35 to 79.80 8. Wide of Francis Lun, Managing Director of Lyncean Holding 9. SOUNDBITE: (English), Francis Lun, Managing Director, Lyncean Holding: "Well, it is quite a big amount, certainly. But it is smaller than what BP suffered at the hand of the US government. It won't bankrupt the bank. It means it's taking away one quarter of HSBC's profit, so they will have to cut dividend and cut cost to get that back, but it won't cripple the bank and that is the main point." FILE: Hong Kong - 13 August 2012 10. Wide of HSBC headquarters in Hong Kong 11. Close-up of HSBC sign FILE: Mexico City, Mexico - 17 July 2012 12. Tilt down from HSBC's headquarters in Mexico City to traffic on street 13. Mid of HSBC sign, traffic policeman in foreground 14. Wide of HSBC sign, reading: (Spanish) "HSBC helps you return to class" FILE: New York - 17 July 2012 15. Various exteriors of HSBC branch STORYLINE HSBC, the British banking giant, will pay 1.9 (b) billion US dollars (1.5 (b) billion euros) to settle a money-laundering probe by federal and state authorities in the United States, a law enforcement official said on Monday. The probe of the bank - Europe's largest by market value - has focused on the transfer of (b) billions of dollars on behalf of nations like Iran, which are under international sanctions, and the transfer of money through the US financial system from Mexican drug cartels. According to the official, HSBC will pay 1.25 (b) billion US dollars (1 (b) billion euros) in forfeiture and pay 655 (m) million US dollars (506 (m) million euros) in civil penalties. The 1.25 (b) billion (US dollars) figure is the largest forfeiture ever in a case involving a bank. Under what is known as a deferred prosecution agreement, the financial institution will be accused of violating the Bank Secrecy Act and the Trading With the Enemy Act. The official spoke on condition of anonymity because the source was not authorised to speak about the matter on the record. Under the deferred prosecution arrangement, HSBC will admit to certain misconduct, the official said, but the details of those admissions to be made in a New York court were not immediately available on Monday. Nevertheless the deferred prosecution agreement means the bank won't be prosecuted further if it meets certain conditions, such as strengthening its internal controls to prevent money laundering. The Justice Department has used such arrangements often in cases involving large corporations, notably in settlements of foreign bribery charges. The law enforcement official said an announcement of the agreement could come as early as Tuesday. Francis Lun, Managing Director of Lyncean Holding said in Hong Kong that the settlement removed uncertainty for the bank. "It won't bankrupt the bank. It means it's taking away one quarter of HSBC's profit, so they will have to cut dividend and cut cost to get that back, but it won't cripple the bank. That is the main point," he said. The share price of HSBC went up 0.25 percent, to 79.65 when the market resumed the afternoon session at 0500GMT. Clients are reminded: (i) to check the terms of their licence agreements for use of content outside news programming and that further advice and assistance can be obtained from the AP Archive on: Tel +44 (0) 20 7482 7482 Email: infoaparchive.com (ii) they should check with the applicable collecting society in their Territory regarding the clearance of any sound recording or performance included within the AP Television News service (iii) they have editorial responsibility for the use of all and any content included within the AP Television News service and for libel, privacy, compliance and third party rights applicable to their Territory. APTN AP-WF-12-11-12 1016GMT

Panning time lapse of New York City [url=http://www.istockphoto.com/search/lightbox/10093227#ecd14c0][img] http://1.bp.blogspot.com/-ogerTXBf5uk/UKKj5NagLhI/AAAAAAAAAEE/wahfG1Ju0bs/s1600/NYC_logo.jpg[/img][/url]

President Barack Obama remarks on Recovery Effort in the Gulf - ABC UNI / POOL HEAD-ON - STIX / TRAVEL POOL / MORE ABC UNILATERAL &MOS RS33 / 83 SLUGGED: 1355 WH FL PATH 1 RS33 83 DISC# 951 AND 932 AR: 16X9 **** FED TO NY ON RS 5104 **** DISC# 951 14:05:14 I also spoke with Lee Ann Leonard, general manager of By the Sea Resorts. She's seen a big decline in tourism, including hundreds of room cancellations. And I met with Carolyn Holman, who's got two commercial fishing boats and owns the Captain's Table Fish House in Panama City Beach with her husband. I appreciated the chance to sit down with them to hear firsthand what they've been going through, and to make clear that we're going to keep standing by them. OBAMA REMARKS: POOL HEAD-ON / STIX 14:12:13 OBAMA: Good afternoon. It's a privilege to be here in Panama City Beach with the men and women of the United States Coast Guard. I wanted to come here personally and express my gratitude to you for the effort you've waged in response to the BP oil spill. And I know Michelle wanted to do the same. Just last month she was down in Mississippi, where she met with folks from the Coast Guard about the spill. She even christened a new Cutter - the Stratton. The Coast Guard was the first on the scene, immediately launching a search and rescue operation for the missing. You were the first to recognize that we were potentially looking at a massive spill, even before the rig collapsed and oil began to leak from the seafloor. A day and half later, in a meeting with Thad Allen and others, I instructed the Coast Guard, the Department of Homeland Security, and other agencies to treat the response as their number one priority. And that is exactly what you have done. Under the leadership of Admiral Allen, the Coast Guard - along with other federal agencies and state and local governments - has directed the largest response to an environmental disaster in American history. This response has included more than 7,000 vessels and more than 47,000 people on the ground. I know that two cutters - the Aspen and the Juniper - are in port here this week after tours skimming and performing other recovery work. 14:16:05 Many have toiled day and night - spending weeks, and months away from their families - to stop the leak, remove the oil, and protect waters and coastlines. So I want thank all those who continue to participate in this effort. 14:16:23 I also want to thank Dr. Stephen Chu and our team of scientists - assembled from across federal agencies, around the country, and all over the world - who have been working non-stop to kill the well once and for all. This has not only been the biggest oil spill in our history - it's also been the most technologically complex. It's pushed the boundaries of our scientific knowhow, as engineers wrestled with a massive, unpredictable leak - and faced setbacks and complications - all in pitch-black waters nearly a mile beneath the surface of the Gulf. Today, the well is capped. Oil is no longer flowing into the Gulf, and it has not been flowing for a month. 14:17:16 But I'm here to tell you that our job is not finished, and we are not going anywhere until it is. That's a message I wanted to come here and deliver directly to the people along the Gulf Coast. Because it's the men and women of this region who have felt the burden of this disaster - who have watched with anger and dismay as their livelihoods and way of life were threatened these past few months. 14:17:47 I made a commitment in my visits here that I was going to stand with you not just until the well was closed, and not just until the oil was cleaned up - but until you have fully recovered from the damage that has been done. And that is a commitment my administration is going to keep. I reiterated this when I met with a few small business owners from the Panama City area just a little while ago, along with Governor Charlie Crist and Navy Secretary Ray Mabus. Folks like Captain Gary Jarvis, a charter boat operator from Destin. 14:18:58 Gary started fishing as a deckhand back in 1978, and he's been captain for the past three decades, making his living on the water. He's lost fully half of his business because of the spill, though he's been able to use his boat as a vessel of opportunity to make some I also spoke with Lee Ann Leonard, general manager of By the Sea Resorts. She's seen a big decline in tourism, including hundreds of room cancellations. And I met with Carolyn Holman, who's got two commercial fishing boats and owns the Captain's Table Fish House in Panama City Beach with her husband. I appreciated the chance to sit down with them to hear firsthand what they've been going through, and to make clear that we're going to keep standing by them. 14:21:31 First and foremost, we're going to continue to monitor and remove any oil that reaches the surface, and clean up any oil that hits the shore. Now, as a result of the massive cleanup operation that has already taken place, a recent report by our top scientists found that the majority of oil has now evaporated or dispersed, or it's been burned, skimmed, or recovered from the wellhead. And the dispersed oil is in the process of degrading. But I won't be satisfied until the environment has been 14:22:29 I also want to point out that as a result of the cleanup effort, beaches all along the Gulf Coast are clean, safe, and open for business. That's one of the reasons Michelle, Sasha, and I are here. The governor and others invited us down to enjoy the beach and the water - to let our fellow Americans know that they should come down here. And not just to support the region, but also because it's a beautiful place to visit. Second, we're going to continue testing fisheries, and we'll be reopening more areas for fishing as tests show that the waters are safe. Already, more than 26,000 square miles were reopened at the end of July, and another 5,000 were reopened earlier this week. I know that this takes time, and it has been incredibly hard on people who earn their living on the water. Carolyn's boats, for example, have had to find different areas to fish that are further away and require more fuel. But their livelihoods - not to mention the health of people across the country - depends on making sure that folks can trust that the seafood coming from the Gulf is as safe as it's always been. And as I told Carolyn, we've already been enjoying Gulf seafood at the White House. This week, several players from the Saints spent time teaching our staff their favorite Gulf seafood recipes. Our staff was pretty excited about the 30-foot po' boy sandwich we recently served for lunch. It went quickly. 14:24:06 The third thing we're focused on is claims. When I came down to the Gulf previously, I heard a lot frustration about the way BP was handling claims. So, in June, I met with BP's executives, and in that meeting, they agreed to put aside $20 billion in a special fund to pay damages. And it's being run by an independent overseer, so that people can trust that they'll get a fair shake. Now, we need to make sure claims are processed quickly, because many who've lost their only source of income don't have the leeway to wait months to be compensated. I know the folks I've just met with - Lee Ann, Gary, and Carolyn - all have outstanding claims. So I want to be clear about this: any delays - by BP or by those managing the new fund - are unacceptable, and I will keep pushing to get these claims expedited. 14:25:01 Finally, I've charged the Secretary of the Navy, and lifelong Mississippian, Ray Mabus, to develop a long-term Gulf Coast Restoration Plan as soon as possible. Now, that plan needs to come from the people in the Gulf - which is why he's been meeting with folks from across the region to develop this plan of action. That's how we can ensure that we do everything in our power to restore the environment and reverse the economic damage caused by the spill. 14:25:25 So, with the closure of the well, we mark an important milestone. But this is not the end of the journey. And in completing the work ahead, I'm reminded of what I heard when I went to Louisiana back in June. I spent time with folks on Grand Isle, meeting with fishermen and small business owners - and the town's mayor, David Camardelle. He told me what his friends and neighbors were going through. He talked about how hard things had been. But he also explained the way folks rallied to support one another. He said that people in his community may not have a lot of money, but that didn't matter. "We help each other," he told me. "That's what we do." That's what folks do for one another in the Gulf. That's what the Coast Guard has been doing. And that's what we do as Americans. 14:26:40 My job is to make sure that we live up to this responsibility: that we keep up our efforts until the environment is cleaned up, polluters are held accountable, businesses and communities are made whole, and the people of the Gulf Coast are back on their feet. Thank you. 14:27:55 Obama gladhandinging 14:29:05 Obama: I'm def going swimming but I'm not going to let the press come because you take pictures of me without my shirt on We're going to do everything we can to deal with compensations . - Back shot of Obama and flotus walking away OBAMA IN THE GULF: TRAVEL POOL OBAMA ROUNDTABLE WITH GULF MEMBERS - TRAVEL POOL NOT VERBATE: 14:36:26 Relative to BP. We also want to make sure we use this Make some long term changes to what happened down here in the gulf to make it even better. I'm going to spend most of my time and Michelle is going to spend most of her time listening to you, getting recommendations from you, so we can make a statement to the pool and the people around the country that the gulf is open for business. The restaurants are good and we want to keep our focus here and not forget it because the well is capped. With that, Mr. Mayor, why don't you - 14:37:51 REFEED UNDERWING CAM AAFB DEPARTURE - TVL POOL ANDREWS AFB DEPART - TRAVEL POOL 14:50:24 Marine One taxis by Air Force One 14:51:32 Marine One spools down. 14:53:41 First family exits Marine One, climbs stairs into Air Force One, waves to cameras FLORIDA ARRIVAL - TRAVEL POOL 14:54:18 First Family descends stairs from Air Force One, gladhands with unknown locals. 14:56:15 President is gladhanding with onlookers on tarmac. 15:00:55 President Obama hugs daughter Sasha as he talks with locals by motorcade. 15:02:06 President Obama exits OBAMA REMARKS ON GULF RECOVERY - POOL CUTS 15:03:52 Profile Obama at podium, zoom to wide shot 15:05:09 Head on WS zoom in 15:06:09 Coast Guard at attention 15:10:55 I'm not going to let you guys take a photo of me without my shirt on. OBAMA REMARKS: ABC UNI SIDE SHOT / CUTS CONTINUE First and foremost, we're going to continue to monitor and remove any oil that reaches the surface, and clean up any oil that hits the shore. Now, as a result of the massive cleanup operation that has already taken place, a recent report by our top scientists found that the majority of oil has now evaporated or dispersed, or it's been burned, skimmed, or recovered from the wellhead. And the dispersed oil is in the process of degrading. But I won't be satisfied until the environment has been restored, no matter how long it takes. I also want to point out that as a result of the cleanup effort, beaches all along the Gulf Coast are clean, safe, and open for business. That's one of the reasons Michelle, Sasha, and I are here. The governor and others invited us down to enjoy the beach and the water - to let our fellow Americans know that they should come down here. And not just to support the region, but also because it's a beautiful place to visit. 15:18:49 President gladhanding with Coast Guard. Tilt up from Coast Guard logo to gladhanding.