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…
Seven companies involved in the oil and gas industries will pay the U.S. government a total of $236.5 million to settle corruption charges. An investigation by the SEC and the Justice Department alleges that the companies bribe…
The role of BP lawyers in the company’s report on the explosion in the Gulf of Mexico is casting doubts on the impartiality of the study.
Continue reading How Impartial Is BP’s Report on Gulf of Mexico Explosio…
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
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 …