Shareholders Revolt Against Lord Browne

April 13, 2007By Andy RowellBlog Post

BP has suffered its biggest shareholder protest for at least a decade in a snub that overshadowed an emotional send-off for Lord Browne in his final AGM in charge of BP. More than 17% of those BP investors who voted opposed a “golden goodbye” estimated by some to be worth up to £72m to the … Read More

Call for UK Firms to Quit the Niger Delta

April 3, 2007By Andy RowellBlog Post

A leading union leader from Britain’s offshore industry has called on all British oil companies to pull out of the volatile Niger Delta region until safety can be guaranteed. The call by Graham Tran, a regional officer of Amicus, one of the North Sea’s major unions, came as the search went on for a missing … Read More

BP Workers “Exhausted” Says Union Leader

March 22, 2007By Andy RowellBlog Post

Safety issues continue to plague BP. Workers for BP allege that a labour shortage at Prudhoe Bay, the United States’ largest oil field has made conditions ripe for fatigue-related accidents similar to one that killed 15 employees at the company’s Texas plant in 2005. BP has failed to fill about a dozen vacancies for highly … Read More

BP: “Organisational” Deficiencies Led to Fire

March 21, 2007By Andy RowellBlog Post

The long-awaited report by the US Chemical Safety Board concluded that “organizational and safety deficiencies at all levels of the BP Corporation” caused the fire at the company’s Texas refinery in 2005. The 335-page report calls on the U.S. Occupational Safety and Health Administration (OSHA) to increase inspection and enforcement at U.S. oil refineries and … Read More

BP’s “Terrifying” Safety Culture

March 20, 2007By Andy RowellBlog Post

The top honchos at BP will be sweating as they await today’s publication of the US Chemical Safety and Hazard Investigation Board’s report into the Texas fire. By all accounts it will not make for comfortable reading. The ante has been upped by the head of the Board who was she was “absolutely terrified” that … Read More

BP Knew of Texas Risk

March 19, 2007By Andy RowellBlog Post

Tomorrow investigators for the US Chemical Safety and Hazard Investigation Board (CSB) will publish their long awaited report in the cause of fatal explosion at BP’s Texas refinery in March 2005. However it has now emerged that BP board directors were aware of the link between spending cuts and poor maintenance at its Texas City … Read More

Browne’s Retirement Riches

March 7, 2007By Andy RowellBlog Post

The annual bonus for BP’s outgoing CEO John Browne was cut in half last year as oil spills and safety lapses in the United States overshadowed record profits for the oil giant.Browne’s annual performance bonus for 2006 was cut to around $1.74 million. His basic salary rose to $2.95 million though. In total his total … Read More

Shell Safety Record Questioned in North Sea

March 5, 2007By Andy RowellBlog Post

Oil giant Shell has been repeatedly warned by the UK authorities about the poor state of its North Sea platforms. The company’s dismal record undermines Shell’s public commitment to improve its performance after a fatal explosion on the Brent field in the North Sea in 2003 and raises further concerns about Britain’s ageing oil and … Read More

BP Employee Deleted Files From Computer Over Fire

February 23, 2007By Andy RowellBlog Post

A BP employee has admitted destroying documents after plaintiffs’ lawyers subpoenaed her laptop on an anonymous tip that she had information useful in the lawsuits against the UK oil company arising from its fatal refinery explosion, reports the Financial Times. Court records show that on November 3 2006, plaintiffs’ lawyers subpoenaed Susan Moore, BP regulatory … Read More

Exxon Tries to Stop Browne’s Court Appearance

February 21, 2007By Andy RowellBlog Post 1 Comment

ExxonMobil has thrown its weight behind rival BP in an attempt to block a precedent-setting court order requiring Lord Browne, the UK oil group’s beleaguered chief executive, to testify tomorrow in a civil lawsuit. Exxon, along with and a string of Texas business groups, are petitioning the Texas Supreme Court to overrule a decision by … Read More