Archive | Tag: catastrophes

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BP executives can’t seriously believe that this time they’ll get safety right. The company’s penny-pinching “safety be damned” culture is too entrenched to reverse–especially if you put the old vice-president of excuses in charge of the new plan.

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“When he abruptly resigned as chief executive of BP PLC [he] left the company in disarray. The giant energy producer was struggling with
a legacy of accidents and spills in the U.S.” Nope, that’s not about the swift booting of Tony Hayward by the BP board on Tuesday. It’s from a 2007 Bloomberg story on the last crisis change in leadership at BP.

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Given the fury directed at BP in Congressional hearings on the Gulf oil spill, you’d think the time was ripe to cut the oil industry’s ridiculous subsidies–amounting to at least $40 billion per decade, according…

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Hayward: "Blow out preventers…across the world…not fail safe" Liveblog by Khan Hayward tells Rep. Barton that he thinks one of the biggest industry lessons going forward will be to make sure the blow out preventers…

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    Rep. Barton says some may have "misconstrued" his accusation of a White House "shakedown" and "national tragedy." by Khan Rep. Barton (TX) just took a moment to clear up his "shakedown" comment. Saying…

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A SCOTUS hearing? by Khan The hearing so far is coming to resemble a Supreme Court confirmation hearing– When asked for judgment & opinion on specific matters of the Macondo well’s construction (read: when asked…

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