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Barracked by Obama and under pressure from Russia
BP has taken a tongue lashing from the US president but now also finds its Siberian operations threatened. In response to charges from some critics of his inaction over the Gulf of Mexico oil spill the...
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Gulf oil spill doesn’t add up
This article is going to be my most under researched to date with no background or experts to back up anything I say, but there is an obvious flaw to the idea that this leak cannot be contained. There...
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Tony Hayward starts his testimony
The CEO of BP, Tony Hayward, has started his testimony to the US Senate Energy and Commerce Sub-Committee. His opening prepared address began with disruptions from a protester, Diane Wilson, who had...
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They want to hang Hayward high
Once the BP investigation got back underway after a vote forced a break in proceedings it became obvious which way this enquiry was going to go. Like the protestor, Diane Wilson who with black painted...
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Hayward’s PR Gaffe
Tony Hayward now has a fifth front on which to fight BP’s oil spill war. But this front is a personal one and nothing really to do with BP. Mr Hayward has been spotted on board his boat “Bob” in a...
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Judge overturns Obama’s drilling ban
After the BP oil spill disaster President Barak Obama ordered a moratorium on further exploration for deep sea drilling in the Gulf of Mexico for a period of six months. At the time many businesses...
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Is BP’s share price undervalued?
There are various conflicting views on BP and for most of us looking for a quick bargain on our shares, BP could easily be a target. Most of us already have high exposure to BP in any event. If you...
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The cost of going ‘green’
While the ecological risk of fossil fuels use is brought starkly before us in the form of the BP oil gush in the Gulf of Mexico, the alternatives have costs that hit us in our pockets. The current £84...
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Has BP done it at last?
On April 20th 2010 the BP Deepwater Horizon oil rig exploded killing 11 men and triggered one of the worst ever environmental disasters as crude oil was hosed into the Gulf of Mexico. After 85 days, 16...
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More oil leaks into the oceans
Whilst attention is riveted to the all but stopped BP oil leak into the Gulf of Mexico, another large spill has taken place on the other side of the planet. This spill, although much smaller than BP’s...
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BP ditches Tony Hayward
As BP posted a record loss of £11 odd billion the outgoing chief executive, Tony Hayward, is reportedly to receive a £1 million pay off together with a pension worth in the region of £500,000 a year....
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The link between oil firms and the invasion of Iraq
So, it was about the oil. Or at least oil was a big consideration in how we went about reacting to the Iraqi invasion of Kuwait. According to a report in the Independent, there were discussions between...
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BP Appoints New Head Of Exploration
BP has announced that it will appoint Richard Herbert as its new head of exploration. Herbert will succeed Mike Daly who has chosen to retire from BP at the end of 2013 after a career of 28 years with...
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BP Raises Dividend And Sets New Divestment Target
BP Announces Third Quarter 2013 Results, Raises Dividend And Sets New Divestment Target BP announced its financial results for the third quarter of 2013 yesterday. Underlying replacement cost profit...
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BP fleet Supercharge Fuel Card
In response to demands for value and transparency, BP yesterday re-launched its BP Supercharge Fuel Card, with no transaction fee or hidden charges. The card, says BP, could save a fleet with 100...
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Oman Gives Go-Ahead To BP For The Khazzan Project
The Government of the Sultanate of Oman and BP have today signed a gas sales agreement and an amended production sharing agreement for the development of the Khazzan field, with BP as operator. The...
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Exxon, BP Defy White House; Extend Partnership with Russia
Several of the largest oil companies in the world are doubling down in Russia despite moves by the West to isolate Russia and its economy. ExxonMobil and BP separately signed agreements with Rosneft –...
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Now Is A Good Time To Pick Up Some Oil Stocks
Oil's oversized reaction to negative news from Greece and China on Monday should really have come as no surprise with the value of 20/20 hindsight. I have been writing for some time now that the...
View ArticleIs BP's share price undervalued?
There are various conflicting views on BP and for most of us looking for a quick bargain on our shares, BP could easily be a target. Most of us already have high exposure to BP in any event. If you...
View ArticleThe cost of going ‘green’
While the ecological risk of fossil fuels use is brought starkly before us in the form of the BP oil gush in the Gulf of Mexico, the alternatives have costs that hit us in our pockets. The current £84...
View Article