Oil industry practices and government rules must be subjected to substantial reform to prevent future accidents similar to BP’s Deepwater Horizon oil rig disaster in the Gulf of Mexico last April, said a report released Tuesday…
Incoming BP (BP) CEO Bob Dudley fired the executive at the center of the Gulf oil disaster and created a new division to improve safety.
Andy Inglis, the head of the company’s upstream business, will leave the company at the end of the year, BP said in a statement.
The company also set up a safety and operational risk unit to monitor and enforce safety standards across BP. Mark Bly…
Continue reading BP Creates Safety Unit, Fires Executive
BP Creates Safety Unit, Fires Executive originally appeared on DailyFinance on Wed, 29 Sep 2010 07:15:00.
Filed Under: Energy, Company News, Technology, Green, BP
BP (BP) will delay the release of its third quarter earnings by one week to give the company more time to incorporate data and disclosures related to the oil spill in the Gulf of Mexico.
BP’s earnings will now be released on Nov. 2, Dow Jones Newswires said.
“When we reported second quarter it was a bit of a scramble,” a BP spokesman told Dow Jones Newswires. “We needed more time…
Continue reading BP to Delay Third Quarter Earnings Report by One Week
BP to Delay Third Quarter Earnings Report by One Week originally appeared on DailyFinance on Fri, 10 Sep 2010 08:59:00.
Filed Under: Energy, Company News, Technology, People, Earnings, Green, BP
A report by BP (BP) says that “multiple companies and work teams” are responsible for the Gulf oil disaster that killed 11 workers and spewed out millions of gallons of oil into the ocean.
“It is evident that a series of complex events, rather than a …