The last 24 hours of news reporting of BP’s oil spill in the UK has shifted from the devastation being wrought on the Gulf of Mexico into one where politicians and businessmen are lambasting President Obama for his “anti-British” rhetoric. A British backlash has begun. True this morning the BBC leads with the news that … Read More
Deepwater Horizon
BP: Bye-Bye Dividend Payout
What is being played out now is really quite astonishing. Just a few days ago, BP’s dividend was a seen by City investors as a line in the sand that could not – and would not be – crossed. For BP not to pay would be unthinkable. But the unthinkable is becoming thinkable and increasingly … Read More
BP: Brand Pollution
The general consensus – in the mainstream media and blogosphere – is that Tony Hayward is now toast. He will probably survives long enough to give evidence to Congress next week, but more and more people are betting he will be gone by Xmas. Obama banged another nail in Hayward’s coffin yesterday when he said … Read More
BP Manipulates the Web
The online public relations battle is hotting up. BP may be losing the twitter war but is doing its damndest to make sure it won’t lose the Google war. According to ABC News, BP has purchased several phrases on search engines such as Google and Yahoo so that online users get directed to the company’s … Read More
Unanswered Questions
It’s now been over three weeks since BP’s oil rig Deepwater Horizon exploded, burned and sank in the Gulf of Mexico. These have been hectic weeks for all concerned, no doubt, but the paucity of information available to the public is at best, discouraging. How much oil is flowing / has flowed into the Gulf … Read More