“It’s got the real smell of death”
And no, we are not talking about the seas of the Gulf of Mexico, where an unknown amount of wildlife is dying and will die due to BP’s oil spill. And no, we are not talking about the nationally renowned...
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2026
2026
Swords Sharpen for Hayward: Dividend the Key Issue
Just a few weeks ago the online debate would have been unthinkable. But today, the Times newspaper, Britain’s bastion of the establishment and the powerhouse of the Murdoch media empire, is asking its readers whether the embattled boss of BP...
BP: Bye-Bye Dividend Payout
[caption id="attachment_4893" align="alignleft" width="172" caption="U.S. Coast Guard photo"][/caption] 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...
“A Global Laughing Stock”
The Washington Post leads this morning on how the critical players in the Gulf disaster are all hiring public relations consultants like they are going out of fashion to try and repair their battered and bruised images. BP, according to...
Clean tar sands and safe deepwater drilling “more PR than reality.”
The industry’s PR response from Deepwater is shaping up nicely. This is the industry message: We will give you improved safety and you give us resumed drilling. The Gulf of Mexico represents energy security and jobs for the boys to...
Lord Browne Reveals All
So the most iconic oilman of his generation, Lord Browne, has finally published his memoirs of his time at BP in a book called "beyond business". Whilst most of the reviews so far concentrate on him being gay and his...
Yet More Criticism of Shell’s Nigerian Operations
Yesterday it was internal criticism of Shell’s Nigerian operations. Today it is external criticism. A new report by the Ecumenical Council for Corporate Responsibility (ECCR) argues that Shell can improve its negative social and environmental impacts in the Niger Delta....
The $80 Billion Investment in Venezuela’s Heavy Oil
Whilst international attention has focussed recently on the ecological and climatic impact of the tar sands, another heavy oil boom is happening which is equally important. Just three years after a spate of nationalisations in the heavy oil belt of...
BP looks to Iraq and long-term to the Arctic
The headlines from BP’s Strategy presentation yesterday are all about how chief executive Tony Hayward promised to boost annual profits by $3bn over the next two or three years. In a frank admission, Hayward said that BP’s financial importance over...
Welcome to Canada’s AvaTAR Sands
For all you romantic film-buffs out there, this week-end’s Oscars is a fight between an ex-husband and wife partnership: James Cameron’s Avatar and Kathryn Bigelow’s The Hurt locker. Those rooting for Avatar include a collation of 50 Indigenous and environmental...