Executives from other major oil companies turned on BP and defended their own drilling practices during a US congressional hearing on Tuesday.
The oil gushing unchecked from an undersea well in the Gulf of Mexico could permanently scar coastal lands and bring down some energy companies.
Alcoa, the world’s largest aluminum company, said on Monday it would make a hostile bid for Canada’s Alcan, estimated at -billion, after talks between the rivals failed to lead to a deal. If successful, the bid of ,25 per share in cash and stock would create the the world’s largest producer of the metal.
Alcoa said on Monday it would make a hostile bid for Canada’s Alcan for nearly -billion, after talks between the two aluminum producers failed to lead to a deal.
If successful, the bid would create the world’s largest producer of the metal, which is used in products ranging from beverage cans to airplanes.