Sempra U.S. Gas & Power and BP Wind Energy have announced that the 21MW Auwahi wind farm is now fully operational. Construction of this wind park took nine months … [Read full article]
The BP oil spill, the largest ever oil spill on open water to date, contributed significantly to the historically high number of dolphin deaths in the Gulf of Mexico, says … [Read full article]
In what is his first in-depth newspaper interview since becoming CEO of BP in 2010, Bob Dudley has made it quite clear that they are expecting the trial into the Deepwater Horizon oil spill to last for several years.
The Sunday Telegraph in the UK scored the interview with Dudley, who said that he was hopeful of doing “some deals” on the details of the case, but was really expecting the case to last until 2014.
I received a petition this week from Oceana, one of my favorite organizations in the world. It’s a petition to cut the $4 billion dollars in tax breaks oil companies … [Read full article]
Well, news that BP’s 3rd-quarter profits have doubled as gas prices have risen immediately made me think of this great image (Republicans and businessmen laughing about people believing them when … [Read full article]
On September 19 President Barack Obama announced his plan to reduce the deficit by $4 trillion over the next 12 years, including raising $1.5 trillion by closing special interest loopholes and other revenue raisers. This includes eliminating $41 billion in tax loopholes for the oil and gas industry (p. 63) over the next decade.
Corporate Accountability International is hosting its annual Corporate Hall of Shame “awards.” Good list of candidates to choose from. Make your way over to the Corporate Hall of Shame Voting Booth to vote. Here’s a preview of the corporations in the running this year:
Friends of a fellow Important Media writer, 3 ballet dancers, made a statement this week by interrupting BP’s 3rd Summer Screen in Trafalgar Square, London. The ballet dancers danced a short piece based on Swan Lake, “with the classic tale used as analogy for BP’s controversial investment in the Canadian tar sands,” the UK Tar Sands Network reports.
Over one year since the horrible BP oil spill in the Gulf of Mexico, media attention on the matter has waned, politicians have gone back to their old ways, and oil companies.. well, you know what they do (all while residents and wildlife are still being tremendously harmed by the disaster). But many (beyond those clearly harmed) have not forgotten and have been continuously working to prevent another such disaster in the Gulf of Mexico or anywhere else in the United States.
Continuing on with our series on 350.org’s The U.S. Chamber of Commerce Doesn’t Speak for Me campaign, let’s take a quick look at some ties between the Chamber and the oil industry.
As you may have heard, and 350.org recently noted, large oil companies are having a ball, raking in billions and billions of dollars in profit (that’s right, not revenue but profit) while the U.S. economy suffers:
“Exxon Mobil nabbed $10.7bn; Shell pulled in $6.9bn; Chevron, $4.5bn; and last but not least, BP, after accounting for oil spill losses still made out with $7.1bn.”
If BP were a person (as it now is, legally, under the ridiculous Citizens United Supreme Court ruling of 2010), it would be in serious s*** right now. It is under a federal criminal investigation due to the massive oil spill in the Gulf of Mexico in 2010, and it has violated its terms of probation twice in the last year.
Last Wednesday, it was determined that BP would be getting $13 billion in tax credits. It is not clear if BP is even going to pay any taxes at all or if it will actually get money from the government after this. Why is BP getting so much money? Because of the oil spill in the Gulf of Mexico….
A year on from the catastrophic explosion of the Deepwater Horizon oil rig and the ensuing oil spill in the Gulf of Mexico, and news still abounds regarding the cause and affect the spill has had on the region and its inhabitants, human and otherwise.