As well as facing a lawsuit from its shareholders, it has emerged that BP now faces three Congressional hearings into its problems at Prudhoe Bay. Republican Don Young, has scheduled a hearing of the House Transportation and Infrastructure Committee, for Sept. 13.
Day: August 21, 2006
Exxon: Oil is the Only Game in Town
Anyone out there who was hoping that new Exxon CEO Rex Tillerson would steer the company in a different strategic direction from his predecessor Lee “the dinosaur” Raymond, should think again. We are not going to see a sudden greening of Exxon. We are not going to see the oil and gas giant rapidly disinvest … Read More