BP Creates Safety Unit, Fires Executive

Bob Dudley

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.

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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.

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BP Will Join Other Oil Giants in Spill Response Group

BP (BP) will join an oil spill response group formed by fellow oil giants Exxon Mobil (XOM), ConocoPhillips (COP), Chevron (CVX) and Royal Dutch Shell (RDS.A).

BP will make its underwater well containment equipment and personnel available to the group, called the Marine Well Containment Co., The Washington Post said.

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The other four oil companies said they would spend $1 billion on…

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BP Will Join Other Oil Giants in Spill Response Group originally appeared on DailyFinance on Tue, 21 Sep 2010 06:49:00.

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BP Relief Well Reaches Macondo Well

BP’s (BP) relief well reached intercepted the Macondo well, putting engineers in a position to permanently plug the well that spewed out millions of barrels of oil into the Gulf of Mexico. The relief well intercepted the Macond…