Search Results for: bp+oil+spill+aftermath

  1. Safety Job is No 1, New BP’s chief says

    Nearly three years after his predecessor Tony Hayward announced a massive reform of the corporate structure of BP, incoming chief executive Bob Dudley Wednesday unveiled his plans to redo it all over.

    Dudley, who on Friday officially takes the reins of Hayward, will focus on reforming the business around a new security and risk management regime, said he was now the most urgent priority for BP.

    But whether the ambitious plan has enough confidence in BP following deaths and the world’s worst oil spill accident remains to be seen and is only achieved after years of accident-free performance to recover, analysts said. (more…)

  2. USA: 3500 Gulf unused wells must be connected

    WASHINGTON – Oil and gas companies in the Gulf of Mexico will have almost 3,500 permanent plug temporarily abandoned wells and approximately 650 production platforms that are no longer used to dismantle the Obama administration announced Wednesday.

    The move comes as the energy industry complaints that voting is overloaded in the aftermath of the disaster BP oil in the Gulf.

    Iinitial reaction of the American Petroleum Institute was that it was expected the announcement and had worked with the supervisors “in a reasonable time for implementation,” said spokesman Carlton Carroll msnbc.com. “We believe that for most operators, compliance will not be a problem.”

    Carroll had no estimate of potential costs to industry, but said one concern is “the ability of companies to the permits required to undertake activities to get decommissioning.” (more…)

  3. BP Gulf Spill Lawsuits Consolidated in New Orleans

    offshore oil drillingBP Gulf Spill Lawsuits Consolidated, A shrimp boat pulls oil containment booms in the aftermath of the BP oil spill. BP Plc will face hundreds of lawsuits over the Deepwater Horizon disaster in federal court in New Orleans, a panel of judges ordered a victory for plaintiffs billions of dollars in compensation for the largest offshore oil spill in U.S. history. U.S. District Judge Carl Barbier will preside over more than 300 costumes, including wrongful-death claims by families of slain workers in April explosion of the oil rig Deepwater Horizon. Claims also cover the revenue lost by Gulf Coast businesses and environmental damage. BP investors’ fits the losses associated with the leak will go to federal court in Houston. (more…)

  4. Aftermath of the Gulf of Mexico oil spill, Incoming BP chief executive changes that will

    bp oil chiefLondon, England – The U.S. series to take over BP said Tuesday that the aftermath of the Gulf of Mexico oil spill, that he “certainly there will be changes” in the oil industry. “There is no question we’ll learn a lot from this accident in the Gulf Coast. This is about equipment, people, other companies, and as a result of that we learn a lot, both BP and the industry,” said Robert Dudley told reporters outside the BP headquarters in London when he met with President Carl-Henric Svanberg BP and outgoing Chief Executive Officer Tony Hayward. (more…)

  5. U.S. needs to stop drilling in the Beaufort BP

    Beaufort oil companyOil continues to spew out of his blasted in the Gulf of Mexico, but BP continued to “innovative” drilling in the Beaufort Sea into U.S. waters north of Alaska. What could go wrong? Plenty. In this context, “innovative” means “experimental.” This plan should be put stop until BP is developing a genuine culture of environmental safety.In an ironic twist that BP critics in a rage, the oil company was the only one who managed to claim an exemption from the six months drilling moratorium imposed by the Obama administration in the aftermath of the catastrophic oil spill BP. (more…)