Originally Posted By: Bluestream
Originally Posted By: LTVibe
Originally Posted By: MegaCorp
Always trying to make the oil compamies look like bad guys.
BP doesn't need any help in that regard. They have been very good at making themselves look like 'bad guys' :
Quote:
BP has had its share of recent high-profile accidents:
— An explosion at a BP refinery in Texas City in 2005 killed 15 people and injured 170. Regulators in October hit BP with a record $87 million fine for failing to correct safety hazards at the plant. BP has formally contested the fine.
— More than 200,000 gallons of oil spilled from a BP pipeline in Alaska in March 2006, the largest-ever spill on Alaska's oil-rich North Slope. BP paid about $20 million in fines, including $4 million to the National Fish and Wildlife Foundation for Arctic environmental research.
— Last year, BP paid nearly $2 million in fines for not operating with the proper equipment at oil fields along the North Slope.
http://www.msnbc.msn.com/id/36867370/ns/business-us_business/
BP does not own this rig; they subcontracted the work to a drilling company. Anadarko Petroleum own 25% of the well. All the oil companies are pretty much the same. Try to act green on the surface with their TV ads and pollute when they don't get caught.
To BP's credit, they have taken responsibility for the costs and the clean-up, whenever they stop the leakage.
It's interesting to note that another company of questionable reputation, Haliburton, is now linked to the disaster:
Quote:
But shares of oil-service companies continued to slide. Among those being hit are Transocean Ltd., owner and operator of the rig that sank, and Haliburton Co., which was doing cementing work on the well.
http://online.wsj.com/article/SB10001424052748704093204575216341707748822.html?mod=wsj_india_main
Originally Posted By: LTVibe
Originally Posted By: MegaCorp
Always trying to make the oil compamies look like bad guys.
BP doesn't need any help in that regard. They have been very good at making themselves look like 'bad guys' :
Quote:
BP has had its share of recent high-profile accidents:
— An explosion at a BP refinery in Texas City in 2005 killed 15 people and injured 170. Regulators in October hit BP with a record $87 million fine for failing to correct safety hazards at the plant. BP has formally contested the fine.
— More than 200,000 gallons of oil spilled from a BP pipeline in Alaska in March 2006, the largest-ever spill on Alaska's oil-rich North Slope. BP paid about $20 million in fines, including $4 million to the National Fish and Wildlife Foundation for Arctic environmental research.
— Last year, BP paid nearly $2 million in fines for not operating with the proper equipment at oil fields along the North Slope.
http://www.msnbc.msn.com/id/36867370/ns/business-us_business/
BP does not own this rig; they subcontracted the work to a drilling company. Anadarko Petroleum own 25% of the well. All the oil companies are pretty much the same. Try to act green on the surface with their TV ads and pollute when they don't get caught.
To BP's credit, they have taken responsibility for the costs and the clean-up, whenever they stop the leakage.
It's interesting to note that another company of questionable reputation, Haliburton, is now linked to the disaster:
Quote:
But shares of oil-service companies continued to slide. Among those being hit are Transocean Ltd., owner and operator of the rig that sank, and Haliburton Co., which was doing cementing work on the well.
http://online.wsj.com/article/SB10001424052748704093204575216341707748822.html?mod=wsj_india_main
