The Brits still think we are being too tough on BP: The crisis engulfing BP has plumbed new depths as President Obama bullied the company into depositing £13.5billion into a fund to settle compensation claims for the calamitous Gulf of Mexico oil spill. Bullied? Sorry, but BP has been doing the bullying by giving victims […]
And guess who is a part owner of it? The Trans-Alaska Pipeline, partly owned by BP (BP.L), shut down on Tuesday after spilling several thousand barrels of crude oil into backup containers, drastically cutting supply down the main artery between refineries and Alaska’s oilfields. The accident comes at a difficult time for BP — the […]
This one from Reuters really got my blood pressure boiling: US will “push” out BP if spill response falls short The U.S. government will move aside BP (BP.L) from the operation to try to halt the Gulf of Mexico oil spill if it decides the company is not performing as required in its response to […]