Oil Spill Still Weighing On BP
* Q1 replacement cost net ex one-offs $4.80 bln vs f'cast $5.10 bln * To sell 50,000 bbls/day output in Gulf of Mexico ...
* Q1 replacement cost net ex one-offs $4.80 bln vs f'cast $5.10 bln * To sell 50,000 bbls/day output in Gulf of Mexico ...
Lawrence Wittner | Posted 04.02.2012
Is it possible to cope with the immense dangers posed by the rapid consumption of the world's resources? In The Race for What's Left, Michael Klare claims that it is -- but only through a significant change in behavior.
HuffingtonPost.com | Sam Stein | Posted 03.12.2012
As millions of barrels of oil began pouring into the Gulf of Mexico in April 2010, Democratic lawmakers began asking the question: what was the proper...
Phineas Baxandall | Posted 05.06.2012
The public should watch whether a potential settlement with BP includes these hidden tax subsidies. Any settlement amount will be substantially less than the headlines proclaim, unless the settlement prohibits a tax deduction.
Posted 12.19.2011
BP, the oil mega power infamously known for the disastrous spill in the Gulf of Mexico in 2010, is continuing their controversial funding of several B...
Posted 01.06.2012
HONG KONG/LONDON Nov 6 (Reuters) - BP's plan to sell a stake in its South American unit for $7 billion (4 billion pounds) has collapsed, potential...
HuffingtonPost.com | Sam Stein | Posted 12.21.2011
WASHINGTON D.C. -- The Obama administration is set to allow BP to resume exploratory drilling in the Gulf of Mexico roughly a year-and-a-half after th...
Jackie Savitz | Posted 11.08.2011
If you were BP, wouldn't you wait for the right time to go back to the U.S. government to ask for more permits to drill? What would seem like a good time to do that?
Posted 09.28.2011
NEW YORK (Matt Daily) - Chevron Corp, the second-largest U.S. oil company, reported a 43 percent jump in quarterly profit on Friday, beating Wall ...
AP | Robert Barr | Posted 09.25.2011
LONDON (AP) -- BP PLC on Tuesday reported lower than expected earnings for the second quarter as it struggled to lift production in the wake of the Gu...
AP | MICHAEL KUNZELMAN | Posted 09.19.2011
NEW ORLEANS — A federal magistrate refused Wednesday to order the White House to provide BP PLC with emails by a former top adviser to President...
AP | HARRY R. WEBER | Posted 08.31.2011
JACKSON, Miss. — Under questioning from the Justice Department and plaintiffs suing the oil giant he once ran, Tony Hayward fought off accusatio...
AP | By CAIN BURDEAU | Posted 08.14.2011
NEW ORLEANS -- Scientists predict this year's "dead zone" of low-oxygen water in the northern Gulf of Mexico will be the largest in history – ab...
Pearl Korn | Posted 08.07.2011
At PBS's recent annual gathering it was announced that the number and frequency of promotions for corporate sponsors would increase during a few noted programs as an experiment.
Rep. Rush Holt | Posted 06.22.2011
Legislation currently making its way through Congress would increase the likelihood of future oil spills by accelerating offshore drilling without proper safety and environmental reviews.
Charles Karel Bouley | Posted 06.21.2011
Jason Anderson, Aaron Dale Burkeen, Donald Clark, Stephen Curtis, Roy Wyatt Kemp, Karl Kleppinger, Gordon Jones (M-I SWACO), Blair Manuel (M-I SWACO),...
Marilyn Heiman | Posted 06.20.2011
Government must ensure strong prevention, containment and response measures that are on site and ready to go given the Arctic's remote and extreme conditions.
HuffingtonPost.com | Sam Stein | Posted 06.18.2011
WASHINGTON -- One year after a disastrous months-long oil spill in the Gulf of Mexico, Congress remains mired in disagreement over how much money vict...
Whit Jones | Posted 06.18.2011
For too long Big Oil and Coal have placed the cost of their pollution on the backs of the American people, dodged taxes and received billions in handouts.
AP | JANE WARDELL | Posted 05.25.2011
LONDON — BP is blocking bonuses to executives who were responsible for operations in the Gulf of Mexico during last year's disastrous well blowo...
AP | CHRIS KAHN | Posted 05.25.2011
NEW YORK — The U.S. has approved the first deepwater drilling permit in the Gulf of Mexico since BP's massive oil spill. The Bureau of Ocean Ener...
AP | Posted 05.25.2011
NEW ORLEANS — BP and other companies sued over the massive Gulf oil spill are asking a federal judge to dismiss many of the claims filed by business...
AP | CHRIS HAWLEY | Posted 05.25.2011
NEW YORK — Rolling Stone magazine won one of journalism's most prestigious awards for an article that prompted President Barack Obama to fire hi...
Posted 05.25.2011
MUMBAI (By Jui Chakravorty and Sumeet Chatterjee) - Mukesh Ambani does not do small. He is the richest man in Asia, chairman of India's biggest...
AP | JANE WARDELL | Posted 05.25.2011
LONDON — BP PLC is paying India's Reliance Industries $7.2 billion to take a stake in key oil and gas blocks, gaining a significant foothold in ...
Reuters | Posted 05.02.2012