Tag Archives: corporate responsibility

BP may emerge unscathed after 11 deaths

The share price of UK oil multinational BP soared this week after the company indicated the leaking well in the Gulf of Mexico had been “killed”. The company has spent five months attempting to seal its Macondo well, after a 20 April explosion on the Deepwater Horizon rig killed 11 workers and triggered an environmental […]
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Who pays BP’s disaster bill? You do

If you thought the multi-billion dollar costs of destroying refineries and oil rigs (and killing workers, ruining livelihoods and wrecking the environment in the process), might have a chastening effect on BP, you might need to think again. An entry in the blog of nationally syndicated US journalist Thom Hartmann notes: “It looks like the […]
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