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british petroleum, Tag
- Energy Giant Puts Goal to Drastically Cut Oil, Gas Production on Ice Tue, 8 Oct 24, 8:00amEuropean energy company BP has abandoned its pledge to cut oil and gas production by 2030 as the firm aims to shore up investor confidence amid a slide in its share price, Reuters reported Monday.
- “BP’s CEO Plays Down Renewables Push as Returns Lag” (‘beyond petroleum’ imaging wearing thin) Mon, 6 Feb 23, 9:00amChief Executive Bernard Looney plans to dial back elements of the oil giant’s high-profile push into renewable energy, according to people familiar with recent discussions.
- Forget Net Zero: Oil and gas investment needed for another 30 years, BP warns Wed, 1 Feb 23, 1:00amThe assessment is likely to spark backlash from climate groups and campaigners who argue that investment should be immediately stopped in order to meet net zero goals.
- Fossil fuels dominate global energy – Democrats try to conceal & suppress this reality Mon, 18 Nov 19, 1:00pmGuest essay by Larry Hamlin There are now at least 4 major global energy and emissions 2019 reports addressing the unequivocal energy reality that fossil fuels dominate year 2018 world energy use and emissions and further...
- BP gives top executive a 20% salary hike despite 7,000 recent layoffs Sat, 5 Mar 16, 4:04amBP’s chief executive Bob Dudley made a whopping $19.6 million last year, despite the company’s record losses during the same time period. The oil giant also laid off some 7,000 workers last year, prompting the High Pay...
- BP to pay record $21 billion in settlement for Deepwater Horizon oil spill Thu, 8 Oct 15, 2:29amThe reckoning has finally come for British Petroleum’s massive 2010 oil spill off the Gulf Coast, with a court settlement of nearly $21 billion related to the disaster...
- BP fine for Gulf of Mexico oil spill capped at $13.7 billion Tue, 20 Jan 15, 2:00amA federal judge determined this week that BP will face a maximum fine of $13.7 billion for its 2010 Gulf of Mexico oil spill. This penalty is several billion dollars less than environmental activists were hoping for, since...
- BP fine for Gulf of Mexico oil spill will not exceed $13.7 billion Tue, 20 Jan 15, 2:00amA federal judge determined this week that BP will face a maximum fine of $13.7 billion for its 2010 Gulf of Mexico oil spill. This penalty is several billion dollars less than environmental activists were hoping for, since...
- BP Attempts to Shrink Deepwater Horizon Oil Spill Estimate, Reduce Fines Mon, 30 Sep 13, 11:40pmThe BP Deepwater Horizon trial has been pottering on in the New Orleans Federal Court since February, and as it enters its second phase today, BP will attempt to argue down government estimates as to how much oil was spilled...
- BP’s Deepwater Horizon Compensation Fund Drying Up Fast, Company Goes on the Defensive Thu, 1 Aug 13, 3:00amAccording to The Guardian, BP has just revealed that there is only $300 million left in its Deepwater Horizon compensation fund. The $20 billion fund was originally created to pay reparations to ailing business that suffered...
- Local and State Governments Sue BP for $34 Billion for Deepwater Horizon Clean Up Costs and Economic Losses Fri, 8 Feb 13, 2:30amLast we heard from BP, the oil giant had agreed to pay $4.5 billion in penalties for its role in the Deepwater Horizon blowout that spewed oil into the Gulf of Mexico for several months in 2010. But that could be just the...
- Local and State Governments Sue BP for Deepwater Horizon Clean Up Costs and Economic Losses Fri, 8 Feb 13, 2:30amLast we heard from BP, the oil giant had agreed to pay $4.5 billion in penalties for its role in the Deepwater Horizon blowout that spewed oil into the Gulf of Mexico for several months in 2010. But that could be just the...
- Eyeless Shrimp and Deformed Crabs a Serious Problem 2 Years After Gulf Oil Spill Sat, 21 Apr 12, 1:04amTwo years ago today, the catastrophic blowout at BP’s Deepwater Horizon oil platform began to spill what would ultimately amount to 5 million gallons of oil into the Gulf of Mexico, and now fisherman are concerned that...
- NOAA Says Gulf of Mexico Dolphins Exposed to Oil are “Incredibly Ill” Tue, 27 Mar 12, 1:49amMore than 675 dolphins have been stranded in the northern Gulf of Mexico since February 2010, with only a small number — 33 — finding their way to the beach alive, and a recent study by the National Oceanic and Atmospheric...
- BP Begins Oil Production in Gulf of Suez as Oil Spill is Reported in Red Sea Thu, 15 Mar 12, 4:12amAs British Petroleum agrees to pay billions for damages stemming from the 2010 Deepwater Horizon disaster in the Gulf of Mexico, they continue to push ahead with increased drilling in the U.S. and abroad. After a series of...