BP

[wordslinger]

.....BP  is a British-based global energy company which is the third largest energy company and the fourth largest company in the world. A multinational oil company ("oil major"), BP is the United Kingdom's largest corporation, with its head office in St James's, City of Westminster, London. BP America's headquarters is in the One Westlake Park in the Energy Corridor area of Houston, Texas. The company is among the largest private sector energy corporations in the world and is one of the six "supermajors" (vertically integrated private sector oil exploration, natural gas, and petroleum product marketing companies). The company is listed on the London Stock Exchange, the New York Stock Exchange, and is a constituent of the FTSE 100 Index.

Since the 20 April 2010 explosion of the Deepwater Horizon, in which 11 people died, and subsequent oil spill disaster in the Gulf of Mexico, BP's public standing and stock value have dropped substantially, losing nearly half of its market capitalisation. The disaster, involving a leaking deep water oil well, has devastated a vast area of the United States marine environment, killed marine life, and had a serious impact on the local fishing industry. Efforts at containing the spill...well..whatever..

[wordslinger]

...BP was named by Mother Jones Magazine as one of the "ten worst corporations" in both 2001 and 2005 based on its environmental and human rights records. In 1991 BP was cited as the most polluting company in the US based on EPA toxic release data. BP has been charged with burning polluted gases at its Ohio refinery (for which it was fined $1.7 million), and in July 2000 BP paid a $10 million fine to the EPA for its management of its US refineries. According to PIRG research, between January 1997 and March 1998, BP was responsible for 104 oil spills. BP patented the Dracone Barge to aid in oil spill clean-ups across the world....

[wordslinger]

In September 1999, one of BP’s US subsidiaries, BP Exploration Alaska (BPXA), agreed to resolve charges related to the illegal dumping of hazardous wastes on the Alaska North Slope, for $22 million. The settlement included the maximum $500,000 criminal fine, $6.5 million in civil penalties, and BP’s establishment of a $15 million environmental management system at all of BP facilities in the US and Gulf of Mexico that are engaged in oil exploration, drilling or production. The charges stemmed from the 1993 to 1995 dumping of hazardous wastes on Endicott Island, Alaska by BP’s contractor Doyon Drilling. The firm illegally discharged waste oil, paint thinner and other toxic and hazardous substances by injecting them down the outer rim, or annuli, of the oil wells. BPXA failed to report the illegal injections when it learned of the conduct, in violation of the Comprehensive Environmental Response, Compensation and Liability Act.

[wordslinger]

In August 2006, BP shut down oil operations in Prudhoe Bay, Alaska, due to corrosion in pipelines leading up to the Alaska Pipeline. The wells were leaking insulating agent called Arctic pack, consisting of crude oil and diesel fuel, between the wells and ice.[63] BP had spilled over one million litres of oil in Alaska's North Slope.[64] This corrosion is caused by sediment collecting in the bottom of the pipe, protecting corrosive bacteria from chemicals sent through the pipeline to fight these bacteria. There are estimates that about 5,000 barrels (790 m3) of oil were released from the pipeline. To date 1,513 barrels (240.5 m3) of liquids, about 5,200 cubic yards (4,000 m3) of soiled snow and 328 cubic yards (251 m3) of soiled gravel have been recovered. After approval from the DOT, only the eastern portion of the field was shut down, resulting in a reduction of 200,000 barrels per day (32,000 m3/d) until work began to bring the eastern field to full production on 2 October 2006....

[wordslinger]

..In March 2005, BP's Texas City, Texas refinery, one of its largest refineries, exploded causing 15 deaths, injuring 180 people and forcing thousands of nearby residents to remain sheltered in their homes. A large column filled with hydrocarbon overflowed to form a vapour cloud, which ignited. The explosion caused all the casualties and substantial damage to the rest of the plant. The incident came as the culmination of a series of less serious accidents at the refinery, and the engineering problems were not addressed by the management. Maintenance and safety at the plant had been cut as a cost-saving measure, the responsibility ultimately resting with executives in London...

[wordslinger]

The April 20, 2010 explosion on BP's offshore drilling rig in the Gulf of Mexico resulted in the death of eleven people

[wordslinger]

...dang..i'm just sayin....

[wordslinger]

In July 2006, a group of Colombian farmers won a multi million pound settlement from BP after the British oil and gas company was accused of benefiting from a regime of terror carried out by Colombian government paramilitaries to protect a 450-mile (720 km) pipeline...

..columbian farmers, no doubt...

[zombie]

It amazes me how little we really do know.

[wordslinger]

..columbian farmers, no doubt...

..i reckon if you could produce a coffee bean or a good sized bud you were in their pocket...

[art]

It's all about the coca down there,the coffe is good tooo!

[wordslinger]

...well, i saw someting on th' tube that pissed me off..don't really remember what it was, then i googled bp, then i wikipediaed them...

..wiki has 10 times more info along these lines, than what i posted....

..itsa cryin' f***in' shame...


 

[thebatman]

      well i only read this page and i could tell everybody blames bp...NOT!!  no wonder i piss people off here, didnt know it was sooooooooo liberal..  how about your new government...they are the reason why the sh** is so screwed down there.. all it does is help the progressive movement, thats why they keep dalaying bobby jindel ....all bullsh**....    oh yeah, i dont think bp will go down, maybe taken over by government(of course), merge with shell in the end....

[wordslinger]

..i'd have to respectfully disagree..

..i love my country...however...

..the government...

..be that as it may,

...neither this administration nor ANY other could ever have been prepared to deal with this type of catastrophe..


..the "government"  put legal guidelines in place, suposedly governing safe operations...

..these guidelines were ignored, by no fault of any governing body...

..there are 3 corporations involved in the f***aroo we're experiencing...

..bp, haliburton and the owner of the rig...i forget their name...

..they are the ones at fault, with bp overiding some of the safety recommendations made by ppl who were "hands on" when the blowout happened...


...don't blame the government for the big oil f***-ups...

[thebatman]

its the government that has delayed any sort of recovery effort..the government keeps bullsh**ing bobby jindel...the government said "no we dont want your help" to 12 countries offering assistance.. the government was worried about who gets paid, not a clean up effort, EVEN TO THIS DAY, DAY 73!!...if we could get our OWN DAM OIL instead of from across the way, hmm that may help... oh yeah, its the government that even makes more money off of the oil than "big oil" co. i mean come on dude, wake up.. socialism is knocking at your door/beating it down!!!!