Tag Archives: Deepwater Horizon

BP safety talk is really about shareholders

The creation by BP of a new global safety unit with “sweeping powers” has the safety of shareholders’ money as its “ultimate goal”, the company’s top boss has admitted. In a 1 October news release from the oil giant’s London HQ announcing the “powerful new organisation”, BP chair Carl-Henric Svanberg said there were “difficult challenges […]
Posted in Uncategorized | Also tagged , , | Comments closed

No clean start for BP

CLEAN START? Producing oil may be a high risk business, particularly if you plumb unmanageable depths in the world’s oceans. But BP’s problem stems from its first priority: producing profits.
Posted in Uncategorized | Also tagged , | Comments closed

UK government to adopt BP business model

John Browne, Tony Hayward’s predecessor as chief executive of BP, has been appointed by the UK government to oversee moves to make Whitehall “more businesslike.” Lord Browne was the architect of the much criticised BP cost- and safety-cutting strategy implicated in the Texas City refinery disaster, which killed 15, and a sequence of other safety […]
Posted in Uncategorized | Also tagged , , , , , | Comments closed

Rig explosion killed, spill made workers sick

A chemical dispersant being used to fight the gulf oil spill is making workers sick, recent reports suggest. The disaster, where BP has repeatedly failed to stem the oil gusher and which started with a 20 April explosion on the Deepwater Horizon rig that killed 11 workers, has led to an increasing clamour for criminal […]
Posted in Uncategorized | Also tagged , | Comments closed

We told you BP couldn’t be trusted

US President Barack Obama has vowed to end the “cosy relationship” between oil companies and US regulators in the light of the April 2010 Gulf of Mexico disaster. He also condemned “the ridiculous spectacle” of oil executives “falling over each other to point the finger of blame,” the BBC and other media reported. Federal regulators […]
Posted in Uncategorized | Also tagged , , , , | Comments closed