BP Slammed With Multimillion Dollar Fine for Safety Violations

BP has been slammed with a $87 million dollar fine for safety violations in which several workers lost their lives and nearly two hundred were injured at an important U.S. refinery."The Texas City disaster was the worst industrial accident in the US for a generation. The...

Bolivia: Morales Nationalises Fuel Supplier

Bolivian president, Evo Morales, has nationalized Air BP which operates fuel stations at airports across Bolivia.  It was reported that unarmed troops were in control of the fueling stations.Talks are ongoing between the government and BP to discuss compensation....

British Petroleum ordered to pay $180 million in settlement case

BP (British Petroleum) has been ordered to pay almost $180 million in a pollution settlement case with the US government. BP, which is part of the British giant BP PLC has agreed that they will pay $161 million on...

Further food price rises hit Greek consumers hard

While the rest of the economy may be in freefall many of the large national and multi-national companies that dominate the Greek food and drinks industry have raised the price of a range of basic goods far in...

Venezuelan Gov not to expropriate gas stations

" The Organic Law on Rearrangement of the Domestic Market of Liquid Fuels, to be passed in a first session next Wednesday, does not provide for seizure of the gas stations operating in the country, reported Deputy...

Oil Companies Escape Billions in Royalty Payments to Americans; Drilling Expa...

"Statement of Tyson Slocum, Director, Public Citizen’s Energy Program A bureaucratic oversight has allowed 24 oil companies to avoid more than $1.3 billion in royalties for the privilege of extracting oil and natural gas from U.S. territory in the Gulf of Mexico - with...

Weekly Radio Spin: It's Not Easy, Defining "Green"

Listen to this week's edition of the "Weekly Radio Spin," the Center for Media and Democracy's audio report on the stories behind the news. This week, we look at not-so-endangered species, burying media access,...

Bolivia takes over four oil companies and one communication enterprise (updated)

Caracas, Venezuela, 1 May 2008. Today, the Bolivian government of Evo Morales Ayma formally nationalized four oil companies: Transredes (Shell), Andina (Rapsol), Chaco (BP) and CLHB (British Ashmore...

BP five-day shutdown costs $3.5m

A little less then a gallon of water cost’s BP around £3.5 Million. It just shows the smallest of events can cause major loss of earnings…    http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/06/25/cnbp125.xml

Conoco and Exxon resist Venezuelan takeover

Negotiations between the Venezuelan government and two oil companies -ConocoPhillips and Exxon- failed. They were discussing the terms of an operation reduction in Venezuela's oil-rich Orinoco belt and a smooth...

Another Leak at the Alaska Pipeline

On Tuesday BP  announced  yet another pipeline leak on Alaska’s North Slope had forced the reduction of crude oil flow from their operation. The result? A possible reduction of crude oil of up to 100,000 barrels per day. While 100,000 barrels accounts for less...

NATO Offers BP & Shell Oil Maritime Protection

gCaptian.com brings us this story on BP and Shell's talks yesterday with NATA: Considering the recent security concerns with Nigerian Militants NATO is in discussions with major oil companies to provide active...

BP Plans Five Wind Projects in US

"It's a drop in the bucket, but a step in the right direction."Reuters:BP Plc [formerly British Petroleum] said on Friday it expects to begin construction of five wind power generation projects in the United...

BP Ensuring Alaska Won't Be Drilled

Pete Domenici, chair of the Senate Energy Committee, announced on Tuesday that British Petroleum's bungling management of pipelines in Alaska's North Slope could jeopardize efforts to allow drilling in the Arctic...

Humans Placed on Endangered Species List

SAN FRANCISCO (Digital Dementia News Services) - The Rainforest Action Network today announced that it was putting “homo sapiens” on its endangered species list.  The announcement came as no...

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