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BP faces ‘reset phase’ – also known as a serious problem
BP is by no means on the brink – but the fall in the price of oil, combined with profits down for the last quarter of 2014, confirm that the company has problems.
BP is by no means on the brink – but the fall in the price of oil, combined with profits down for the last quarter of 2014, confirm that the company has problems.
What might otherwise be regarded as an incredible feat of engineering has been achieved a mile under the ocean in the Gulf of Mexico.
A rare 24 hours. It’s been a rollercoaster news moment. We all know that there are days when very little happens and, as journalists, we have to work overtime to distinguish one day’s events from another. But last night a cascade of happenings toppled into one another. Even at the sporting level, there was the…
Americans watching the ongoing disaster in the Gulf of Mexico are all suffering the unfamiliar sensation that there is nothing they can do to prevent imminent environmental catastrophe.
Alex Thomson blogs on BPs worst case option that they’re facing now.
For a man who freely admits his job is on the line and who does not admit that the oil spill is so serious it could cripple his giant company, BP’s boss Tony Hayward continues to place his well-heeled foot firmly in his mouth. A day or two ago he makes the following pronouncement:…
15 miles out from the Louisiana coast, the oil spill from BP’s Deepwater well begins, blogs Alex Thomson. And as it enters the animal food chain, an ecological disaster looms.
Alex Thomson reports from Venice, Louisiana, where the residents are preparing for the oil spill to come ashore