For the Global Thinker

Friday, July 23, 2010

BP's Sordid History

1. How British (Really) is BP?
Certainly to anyone knowledgeable about its past operations in the Middle East, Central Asia, Africa and the Americas, BP is as British as warm beer.

Nor is there anything new about complaints that BP is secretive in its operations and given to doubletalk in responding to valid criticisms in host countries. This is certainly not the whole story, but these very negatives are deeply embedded in its corporate DNA.

Read a short history of BP here:


2. BP`S Caspian Disaster---2003

The tale of how Britain gained full access to Azeri oil is a sordid one. There are several reports of how BP executives working for Lord Browne spent millions of pounds on champagne-fuelled sex parties to help secure lucrative international oil contracts. The company also worked with MI6 to help bring about changes in foreign governments, according to an astonishing account of life inside the oil giant. Les Abrahams, who led BP’s successful bid for a multi-million-pound deal with one of the former Soviet republics, today claims that Browne - who was forced to resign as chief executive recently after the collapse of legal proceedings against The Mail on Sunday - presided over an “anything goes” regime of sexual license, spying and financial sweeteners. Read More

3. BP Under Criminal Investigation for Alaskan Oil Spill ----2006
The oil giant BP is under criminal investigation in the US for a big oil spill in Alaska in March that has raised fresh questions about the company's safety record.

4. Lockerbie bomber 'set free for oil'

5. Out-of-Sight, Out-of-Mind

"...a fundamental question lingers like the petrochemical smell over the gulf: Is Corexit doing more harm than good? Dispersants, all agree, do not lessen the amount of oil in the environment. Rather, they break it into tiny drops that have different, but not necessarily less toxic properties.

"[Dispersants] make the oil more soluble in water, so it won't just sit on the surface," Jackie Savitz, senior scientist with Oceana told CNN. "Whether that's good or bad depends on whether you're a fish or a seabird."

But whether or not the dispersants work as promised, they are effective in other ways, critics charge. By breaking the peanut-butter thick sludge into tiny droplets, Nalco's Corexit has made the oil less visible, thereby disguising the full environmental impact of the spill, and helping BP limit its legal and financial liability."
Read more here:


6. BP oil spill: company accused of 'buying academic silence' in new legal row

BP has been accused of “buying” the silence of some of the world’s leading scientists and academics to help build its legal defence against litigation after the Gulf of Mexico oil spill.


7. BP admits it 'Photoshopped' official images as oil spill 'cut and paste' row escalates

here's the latest...

8. BP's Lockerbie Controversy

July 16, 2010

BP admits it pressured the British government to speed up the release of prisoners in order to protect its drilling deal with Libya.


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