BP denies executives bonuses
BP will not pay bonuses for last year to any of the executive directors involved in the disastrous Gulf of Mexico spill, but the UK oil group has awarded partial pay-outs to two...
Alaskan Pipeline Shutdown Pushes BP Lower
Filed under: BP p.l.c. ADS (BP)Earlier today, shares of oil behemoth BP plc (BP) slid lower thanks to the shutdown of the Trans-Alaska Pipeline System. The shutdown took place on Saturday, as a leak was discovered at the 800-mile network that transport...
Montara Oil Spill: "A failure of sensible oilfield practice"
While BP's deepwater spill in the Gulf of Mexico was worldwide news for months, the worst incident of its kind in Australia in August 2009 also leaked for 74 days before the well could be brought under control. Yet in Australia media interest was mute...
Hayward admits banks stopped lending to BP
A hat tip to our colleagues over at FT Energy Source for bringing this to our attention:It’s a preview of the BBC’s Money Programme special on BP’s ‘$30bn blowout,’...
Oil Spill Cuts Deep into BP’s Profit
Filed under: Earnings Reports, BP p.l.c. ADS (BP)BP's (BP) third quarter profit took a 66.5% hit, down to $1.79 billion, compared to $5.34 billion in the third quarter of 2009. Diluted earnings per share were 9.4 cents, down from 28.2 cents in 2009, ac...
BP’s Deepwater Oil Spill – Oil Spill Cementing – Open Thread
We have not had an open thread on the oil spill in a while. The oil spill commission released a letter with an attached 38 page analysis this week indicating problems with Halliburton's cementing.
This is a link to the letter from Mr. Bartlit to the Oi...
US Ends Deep-Water Drilling Ban
The Obama administration announced today that it is ending the deep-water drilling ban that it enacted after the Deepwater Horizon oil spill. According to the Wall Street Journal,
Interior Secretary Ken Salazar, in a statement, said drilling in waters ...
BP’s Deepwater Oil Spill – Still Important things to discuss – Open Thread 4
Since folks still want to discuss the oil spill related issues, this is another open thread. Note that there are a few oil spill related articles in Drumbeat.
BP’s Deepwater Oil Spill – Still Important things to discuss – Open Thread 3
This thread is being closed. Please comment on http://www.theoildrum.com/node/7032.
Since folks still want to discuss the oil spill related issues, this is another open thread. Note that there are a few oil spill related articles in Drumbeat.
BP’s Deepwater Oil Spill – Still Important things to discuss – Open Thread 2
This thread is being closed. Please comment on http://www.theoildrum.com/node/7012.
Since folks still want to discuss the oil spill related issues, this is another open thread. Note that there are a few oil spill related articles in Drumbeat.
Better Paid
Typical. You can clear out staff, send in a new chief executive and make a massive shift to safer operations — but in the end, floating the possibility that you’ll...
