BP’s troubles continue. A US government lending agency has been told by its own internal accountability watchdog that it must monitor more closely the safety of BP’s Baku-Tbilisi-Ceyhan pipeline, amid allegations that the company failed to report cracks and leaks in its coating.
A report from the office of accountability at the Overseas Private Investment Corporation […]

We don’t want to overdo the concept of “irony” on the blog. But here are a couple to make you think. Here’s the first one: BP’s retiring CEO, Sir John Browne’s, is set to walk of with a retirement pot of $140 million. Not bad eh?
We know he leaves behind chronic failures in BP in […]

A scathing report will be released today that criticizes safety and management practices at BP’s American operations, after an investigation at a Texas refinery nearly two years ago which killed 15 people and injured more than 170 others.
The report, by James Baker, the former US Secretary of State, will state: “BP has not always ensured […]

Its not just BP who is worried about corrosion on Alaska’s North Slope. After seeing BP’s reputation ravaged this year, Conoco Phillips has stepped up its efforts to prevent corrosion-related leaks in its own Alaska pipelines.

Later today, some of BP’s most senior executives will face their first Congressional grilling over their corrosion problems at Prudhoe Bay. Although BP’s embattled CEO Sir John Browne won’t be testifying, Bob Malone, the new head of BP America will be grilled by the House Committee on Energy and Commerce. The hearing is called “BP’s […]