Monday marked the beginning of arguably the biggest trial of this century, as the U.S. Department of Justice went to court with global oil giant, BP. With money most likely on the way to states, and needs still so acute, the question is, how to invest it most effectively.
I am one of millions who have been adversely affected by this disaster, in a variety of ways, and as such, I urge you not to accept the criminal plea deal as proposed and endorsed by the Department of Justice and BP.
Just like those who battled for worker rights after the garment fire, we must stand now and demand a full civil trial, with full disclosure of the facts, surrounding the BP Deepwater Drilling Disaster.
With easily apparent deep-seated roots dating back to the halcyon days of Big Tobacco, the DOE's NERA selection raises the question: Can one view the NERA/Obama DOE economic findings on LNG exports as anything but a deeply cynical PR ploy?
JUNEAU -- Alaska Gov. Sean Parnell offered a new attack on the state's current oil tax regime in his State of the State speech Wednesday, saying that ...
This torrent of money flowing into OPEC, especially into the Persian Gulf States, raises the question how this massive windfall is being put to use other than providing fresh capital for the world's largest sovereign wealth funds, as those of Saudi Arabia, United Arab Emirates and Kuwait.
It will be interesting to see how long the suspension remains in place. The last time the EPA took steps to exclude BP from federal contracting -- back in 2009 -- the agency backed off due to pressure from the Pentagon.
This morning, the EPA announced that BP has been banned from acquiring any new U.S. government contracts due to its "lack of business integrity." Still, BP needs to remain viable in the U.S. so they can continue to pay for clean up and civil penalties.
Oil giant BP says it has agreed to pay $4.5 billion in a wide-ranging settlement with the U.S. government over the 2010 oil spill in the Gulf of Mexic...
Not ones to miss a good tie-in, we're ready to put our proverbial necks on the chopping block and announce this year's "PR Pardons." The list includes companies and individuals we think deserve a second chance in the court of public opinion.
By David Gessner, OnEarth "I hear comments that large oil companies are greedy companies, or don't care, but that is not the case in BP. We care about...
Can we please get a grip? The only sentient beings in a corporation are the people who run them or work for them. When it comes to criminality, they're the ones who should be punished.
The change in regulation hasn't just been seen in the actions of regulators. There is a new boldness in the comments they are willing to make to, and about, the industries they regulate.
With less than seven percent of this initial commitment to the Gulf Coast met, it's fair to say BP must do a better job of working fairly with the state and federal trustee to move projects forward.
BP is being held accountable for its mistake in the U.S., but Chevron remains a fugitive from justice for its crimes in Ecuador. It's hard not to conclude that a U.S. life is just worth more than an Ecuadorian life.
With energy demand, predicted to rise 20% through 2025, National Oil Companies are poised to have even an greater impact on the global economy, and in shaping oil producing countries' foreign policies.