BP


Schwab’s ’11 biz: backflips, Saints, Malibu mansions, hypocrisy and massages

Just who is the Egalitarian of the Year? Who performed the biggest backflip? Who’s a saint, who’s a sinner, and most importantly, who gave the best massage?

Leaked: 30,000 BP oil spill memos, emails and transcripts

Greenpeace has obtained some 30,000 memos, emails and transcripts which document last year’s disastrous BP oil spill in the Gulf of Mexico. Here’s what Tom Cowie and Amber Jamieson pulled out of the WikiLeaks-style document dump.

The 2010 Crikey Arsehat Awards

Hats off to you all. Arsehats, that is.

Floor bed of Gulf oil could cause long term harm

A recently released US federal report claims oil spilled from BP’s Gulf of Mexico well has seeped into sediment deep into the Gulf, where it is impossible to be removed and may harm marine life, writes Jeffrey Ball.

The most influential tweets of 2010

No festive season is complete without a smattering of “best of the year” lists and this one from Twitter compiles the ten most powerful tweets of the year. Top Twitter accounts include BP, the White House and Ecuadorian President Rafael Correa.

The death of the BP well

Five months after the traumatic BP oil spill in the Gulf of Mexico, a permanent cement plug has finally stopped the leak, with the federal bureau declaring the well “dead”.

Meet the man behind BPGlobalPR

As the BP spill in the Gulf of Mexico worsened, the popularity of Twitter spoof profile @BPGlobalPR — an inept and amusing PR firm attempting to quell public outrage — grew exponentially. The Awl interviews the man behind the witty one-liners.

Experts argue over extent of BP spill damage

BP continues its clean-up operations in the Gulf of Mexico while scientists bicker about the nature and extent of the spill, its effect on the environment and the best ways to prevent future disasters.

It’s official: BP’s disaster is the worst accidental spill ever

The White House and BP originally estimated the Gulf of Mexico oil spill to be at around 5000 barrels of oil a day. New official estimates now place that number at around 53,000 a day, officially making it the worst accidental oil spill in history, says Dan Froomkin.

Why are journalists believing BP’s rubbish?

This talk that the oil from the Gulf of Mexico spill has “disappeared” is absolute bull, says Mac McClelland. BP is white-washing this story and the media are falling for it like fools.

Reports of dead oil soaked animals have been greatly exaggerated

The BP oil spill in the Gulf of Mexico was a terrible tragedy, but it wasn’t the worst environmental disaster of all time and it’s been blown completely out of proportion, says Michael Grunwald.

BP: not dead yet

BP boss Tony Hayward stepped down this week. The spill has more or less stopped leaking. The company has lost $17 billion in the last quarter. But is this the end for BP or can it get mop up the brand’s damage?

Tony Hayward bows out

Beleaguered BP CEO Tony Hayward has ended speculation about the fate of his job and resigned, claiming his involvement in the Gulf of Mexico oil spill was like “being hit by a bus.”

Hayward’s head on BP chopping block

According to a senior US government official, beleaguered gaffe-prone BP CEO Tony Hayward has his head on the chopping block and is set to be replaced by American Robert Dudley. But will switching the company’s CEO’s improve its reputation or further diminish it?

Did BP doctor photos of its crisis command centre?

It appears that BP is not only dodgy at capping leaks, but also dodgy at doctoring photographs. One blogger noticed that the oil giant altered a photograph of its command center. Dadly, too.

Would the Republicans have managed the Gulf oil spill any better?

The Obama administration has come under fire for its response to BP’s Gulf of Mexico oil spill. But what would the Republicans have done differently, and would they have achieved a better result?

Can BP ever save itself?

BP is now intrinsically linked with the word “spill.” The company may have capped its oil leak but salvaging whatever is left of its reputation will prove infinitely more difficult.

BP plugs Gulf oil spill

Nearly three months after the Deepwater Horizon oil rig began spewing oil into the Gulf of Mexico, BP have finally plugged the leak. The beleaguered company has warned, however, that the disaster “isn’t over.”

BP sets new date for spill site fix

In an effort to salvage whatever is left of its reputation, BP has set a new target date to plug its Gulf of Mexico oil leak - which just so happens to be the same day the company is expected to report second quarter earnings.

Come in Spinner: Companies and NGOs — how close is too close?

The BP Gulf of Mexico oil spill is not only creating a mess in nearby states — it’s also creating a massive mess with BP’s decades-long campaign to work with NGOs on environmental issues, writes Noel Turnbull.

Saving the soul of BP

The current workload of beleaguered BP CEO Tony Hayward can be encapsulated in two words - damage control - but he is failing to save the company’s reputation and the powers that be are preparing to get rid of him, says Tom Bower.

The Gulf of Mexico oil spill is sooo last month

BP’s catastrophic oil spill is one of the worst environmental disasters in, well, ever, but could it be that we’ve already lost interest? New statistics suggest social networking users are over it.

BP + US Defense Department = cha-ching

Publicly the US government has been critical of BP and its Gulf of Mexico spill. But the US military has contracts with BP worth at least US$980 million, with at least one big one being signed since the spill.

Letters from the Gulf

Dan Horton is working on a barge “four miles off Ground Zero”, unloading the crude oil from skimmer boats that are attempting to clean up the Gulf of Mexico spill. He is allowed to send one email a day.

Business As Usual: US ‘real’ economy stinks … US banks continue to fall …

Last week the US Federal Reserve softened its view about the health of the US economy. Plus, the US banking growth industry continues, BP watch and other business news of the day.