Showing posts with label BP. Show all posts
Showing posts with label BP. Show all posts

Monday, January 17, 2011

EconomicsGlobal: Rosneft - BP Arctic deal : Billionaire shareholders lashing back








Financial Times email newsletter

Financial Times - UK Homepage 
Backlash over BP deal with Rosneft
BP’s landmark deal with Rosneft, the Russian state oil company, 
was facing a backlash from the billionaire shareholders in its other 
main venture in the country

http://link.ft.com/r/0QSDPP/S3KQXQ/70OUJ/JI2UOK/A7PO3D/B7/h?a1=2011&a2=1&a3=16

Backlash re 
BP deal with Rosneft
By Catherine Belton in Moscow and Sylvia Pfeifer in London
Published: January 16 2011 19:45 | Last updated: January 16 2011 19:45
BP’s landmark deal with Rosneft, the Russian state oil company, 
was on Sunday night facing a backlash from the billionaire shareholders 
in its other main venture in the country.

AAR, the consortium through which the shareholders hold their stake 
in TNK-BP, said it was examining whether the deal breaches their 
agreement which stipulates that BP can only pursue new opportunities i
n Russia via the venture.

BP’s $16bn share swap with Rosneft, which will see the Kremlin 
indirectly become the single largest shareholder in the UK group, 
already faces scrutiny in the US where the company is a major supplier 
of petroleum to the military.
-- Read the whole article!
-- FT teaser posted by  Politicarp

Sunday, January 16, 2011

EconomicsGlobal: Russian Artic Shelf: Oil deal between Russia and BP, nixed by UK Labour's Miliband

BBC news [jan16,2k11]


BP logoThe Deepwater Horizon blast cost BP billions during 2010

Miliband environmental worries -- 

BP Arctic oil deal

Related stories

The Labour leader, Ed Miliband, has voiced concern over BP's deal with Russian energy firm Rosneft.
A deal was signed on Friday to exploit potentially huge deposits of oil and gas in Russia's Arctic shelf.
Environmental campaigners have criticised the plans, with Greenpeace saying BP had learned nothing from its failures in last year's Deepwater Horizon disaster in the Gulf of Mexico.
Mr Miliband said finding alternative forms of energy was the way ahead.
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lots more, just click-up the webpage
-- EconoMix

Thursday, June 17, 2010

PoliticsUSA: Oil firm bows to govt: Obama's victory in tactical takeover of oil industry, to futher Prez's radical green agenda

Carl-Henric Svanger,
BP's board of directors, chair



Dick Morris is the dean of intellectual conservative strategic analysts, those analysts who engage in professional consultancy in the two-party American political system -- including its third party challenges (think Perot, think Nader, think Republican Ron Paul's candidacy for Prez under the Libertarian Party, etc.) -- mostly on the USA Federal level. But it's the more mainstream challenges that drive the Dean, who operates out of respect for indepth analysis of America's Federal legislative chambers, the two chambers of Congress (which implies the Joint Committees and Conferences and other inter-relationships of the two houses, constitutional bicameralism) -- Morris and co-author McGann mine the info deep enuff to gather the particulars regarding candidates and incumbent members of the House of Representatives and of the Senate, persons running in an oncoming election -- like the every-2-years election of the entire 435 woud-be officeholders of the House of Representatives, and only a third or so of the 100 Senators. Morris has chosen a unique authorial niche of specialized expertise thru which to offer the Morris team's unique service in line with his conservative principles, a political-journalism-and-advocacy niche that had earlier preoccupied another keen observer of the legislative branch and its election, especially midterm elections so important for the sitting president, a niche favoured also in his day by the late Robert Novak. The contrast between the two conservative Republicans is fascinating.

Comparing between countries, I imagine this political-analytic process may be much like the special analyses of candidates and incumbents running for the House of Commons and a few members of the Senate in Canada (most of the Senate had been appointed, but the present Prime Minister had eschewed appointing newbies to the Canadsian Senate, wanting them to be elected by the provinces instead) -- thus, USA and Canada in further comparison to their parent political system, the United Kingdom of Great Britain (England, Scotland, Wales) and Northern Ireland (Ulster with its capital, Belfast, and its unicameral parliament at Stormont) -- UK being the Anglo-Saxon mother country of our once-colonial polities in both the USA and Canada.  In the USA, Morris concentrates on understanding the memberships, constituencies, and funding of both of these major parties' candidates and incumbents at election time. Not just the executive funtion of the Presidency, but the legislative function of the Congress in voting in new law, that latter consideration is crucial to the work of the authors.




Morris and his wife, Eileen McGann, have a new article out entitled Dems turn on Obama. I recommend it to you, for immediate reading and for your personal strategic thinking in regard to the upcoming November elections 2010 USA.

Rookmaker Club files

I'll look in the leftwing media for a thawtful companion citation I can recommend along with the Morris/McGann "Dems turn on Obama."  Read more ...

Sunday, May 16, 2010

Enviroment: Gulf oil spill: Vacuuming Gulf's bottom successfully begins

National Public Radio (NPR) website is carrying a goodnews story after all the heart-rending twists and turns of the Gulf oil spill by a British Petroleum (BP) rig. The seabed is now being vacuumed successfully to remove a huge enviro-negative oil aggregation into "a 21-inch pipe nearly a mile below" the sea surface, remove that oil into a tanker.

The details are found in an article by NPR's staff and newswire sources, entitled "BP: Tube is sucking oil from Gulf well." This development by no means solves all elements of the problem of oil in Gulf waters, and does nothing to remedy the coastal disaster to beaches, marshlands, and wildlife -- nor to the loss of fisheries and other mostly small-business income-sources to people of the coastal areas, such as those that cater to tourists and vacationers.

-- EconoMix