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Lessons Learned From the 2 Worst Oils Spills in US History
One year after the notorious BP Deepwater Horizon oil spill in the Gulf of Mexico and two decades after the Exxon Valdez spill in Prince William Sound off the coast of Alaska the scientific lesson is clear – microbes matter! Despite vast differences...
BP Exploring for Oil in Namibia
BP has taken 25 percent equity in Chariot Oil & Gas’ exploration license in Namibia’s Orange Basin.
BP-Azerbaijan Suspends Oil Supplies Via Georgian Supsa Pipeline
BP-Azerbaijan, operating the Azeri export pipeline from the Azerbaijan’s Caspian oil export terminal at Baku westwards to the Georgian Black Sea oil terminus at Supsa, has announced that it has suspended oil exports along the route until 27 July.
BP Exploration Alaska to Pay $25m Penalty for Alaskan North Slope Oil Spill
BP Exploration Alaska, Inc. (BP Alaska) will pay a $25 million civil penalty and carry out a system-wide pipeline integrity management program as part of a settlement for spilling more than 5,000 barrels of crude oil from the company’s pipelines on...
Mauritian Firm Engen, Resubmits Bid for BP/Shell Zimbabwe Assets
Mauritius-based petroleum group, Engen, has resubmitted a proposal to buy BP and Shell Zimbabwe assets following the rejection of its initial bid by the National Indigenisation and Economic Empowerment Fund (NIEEF) on grounds that the deal was not consistent...
Which is the Greater Menace?
If Rolling Stone was instrumental in ending the career of General Stanley McChrystal as head of the President’s occupation of Afghanistan, can it be equally effective in bringing down hostile governors? Tim Dickinson has decided to pursue this question...
BP Claims April’s Major Oil Spill has Already Cost the Company $1.6 Billion
In a press release on Monday BP has announced that it has already paid $1.6 billion for April’s major oil spill in the Gulf of Mexico that led to an environmental disaster. The sum includes dealing with the consequences of the oil spill, work to...
Beware The Russian Bear Market
A Western oil executive flees Russia as his company faces multiple investigations and official harassment. Prime Minister Vladimir Putin issues a thinly veiled threat against the CEO of a major coal and steel company. Just two more examples of the tried-and-true...
