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Article archive for BP USA;

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Nine major oil companies launch subsea well response project 16 May 2011

BG Group, BP, Chevron, ConocoPhillips, ExxonMobil, Petrobras, Shell, Statoil and Total – have announced the launch of the Subsea Well Response Project (SWRP), an initiative designed to enhance the industry’s capability to respond to subsea well control incidents....

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Tanker explodes on a canal in northwestern Germany 26 April 2011

A tanker caught fire while being loaded with highly flammable fuel on a German canal in the town of Lingen an der Ems, in the northwestern state of Lower Saxony. A series of massive explosions rocked the ship near a BP oil refinery on the Dortmund-Ems canal where the ship was being loaded....

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GRI Research Board Announces Request for Proposals for BP's $500 Million Gulf of Mexico Research Initiative 26 April 2011

BP and the Gulf of Mexico Alliance announced today that the independent Research Board of the Gulf of Mexico Research Initiative (GRI) has released its Request for Proposals for studies into the effects of the Deepwater Horizon incident and the potential associated impact on the environment and public health. The $500 million GRI is funded by BP and administered by the Gulf of Mexico Alliance....

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BP sues Transocean for $40bn 26 April 2011

BP filed a lawsuit against Transocean, seeking at least US$40 billion in damages and other costs from the owner of the Deepwater Horizon rig. The UK supermajor also sued Cameron International’s blowout-prevention equipment was a cause “in whole or in part” of the blowout of the Macondo well and the oil spill in the Gulf of Mexico last year, BP said in a court filing....

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Safety and risk unit signals changes at BP 29 September 2010

BP is to create a safety division with sweeping powers to oversee and audit the company's operations around the world. The safety and operational Risk function will have authority to intervene in all aspects of BP's technical activities....

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BP hit with Texas City fine just as Gulf oil spill comes under control 13 August 2010

There seems to be no end to the financial liabilities raining down on BP over its US operations. The cost of the Mexican Gulf clean-up operation following a 4.9 million barrel oil spill and the huge compensation claims the company faces amount to billions of dollars. And it would appear it is still paying for its problems when the Texas City Refinery exploded in 2005 with a record fine for safety violations....

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11 still missing after massive oil rig sinks 23 April 2010

The BP owned Deepwater Horizon drilling rig located in the Gulf of Mexico was hit by an explosion on the 20th April. The explosion is thought to have been caused by a blow-out - a surge of oil under high pressure - as the rig was being plugged until production plans could be made. The rig operated by Transocean burned for 36 hours before sinking on the 22nd April extinguishing the fire....

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BP must fix hazards now 10 March 2010

An OSHA inspection has revealed more than 60 violations of safety practice at the Toledo refinery in Ohio which could cost BP more than $3 million in fines. This latest fine for BP comes just months after regulators imposed a record penalty on the company over its refinery in Texas....

Iraq's super-giant Rumaila field developed 11 January 2010

BP, and China National Petroleum Corporation (CNPC) have signed a technical service contract with Iraq's state-owned South Oil Company (SOC) to expand production from the Rumaila oilfield, near Basra in southern Iraq....

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BP workers awarded $100 million in lawsuit 24 December 2009

On the 18th December a US jury awarded $100 million to 10 workers who claimed they were injured in 2007 when a toxic substance was leaked at BP PLC's Texas City plant, that consequently made them sick. Injuries included dizziness and sore throats, with one employee passing out, after inhaling the substance. But the chances of that verdict surviving intact are pretty slim....