All Articles on British Petroleum (BP)

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TransCanada Shuts Down Keystone Oil Pipeline after Spill
CALGARY — TransCanada Corp. has shut down its massive Keystone oil pipeline for the second time in less than a month after detecting a small leak at a pumping station in Kansas, the energy and pipeline giant said. The 591,000-barrel-per-day line was shut down over the weekend after a half-inch...
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Afghanistan "Sovereignty"
A spate of horrific civilian killings by NATO in Afghanistan has led Afghan President Hamid Karzai to demand that NATO cease all air attacks on homes. That is likely to be exactly as significant you think it would be, as The Los Angeles Times makes clear : "This should be the last attack on people'...
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UK Undermining Europe's Tar Sands Ban, say Campaigners
Environmentalists accuse coalition of caving in to Canada by blocking attempt to restrict controversial fuel
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Taxpayers for Common Sense: Bill to Repeal Oil Tax Breaks Doesn't Go Far Enough
Fiscal watchdog Taxpayers for Common Sense said Tuesday that a proposal by Democrats to eliminate a series of tax breaks for the five largest oil companies doesn’t go far enough. “Congress needs to go further," Taxpayers for Common Sense Vice President Steve Ellis said. "We cannot afford to just...
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Obama Seeks More Drilling in Alaska, Gulf of Mexico
WASHINGTON - U.S. President Barack Obama, under pressure from Republicans and the public to bring down gasoline prices, announced new measures on Saturday to expand domestic oil production in Alaska and the Gulf of Mexico. High fuel prices have dented Obama's ratings in opinion polls and threaten...
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The Bin Laden Dividend
Numerous people have argued that one potential benefit from the death of Osama bin Laden is that it will enable the U.S. Government to diminish its war commitments in that part of the world and finally arrest the steady erosion of civil liberties perpetrated in the name of the War on Terror (as...
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The WikiLeaks Grand Jury and the Still Escalating War on Whistleblowing
The contrast between these two headlines from this morning tells a significant story: From The Guardian ( click image to enlarge ): From NPR : ___________ As Julian Assange wins the Sydney Peace Prize for "exceptional courage in pursuit of human rights," NPR reports that "a federal grand jury in...
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Shell and Cairn Energy Announce 'Risky' Drilling Plans in Arctic
Explorations off Alaska's north coast condemned by environmentalists after Deepwater Horizon disaster
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How Does Big Oil Gouge Us? Let Us Count the Ways
It's not just at the gas pump. The oil companies don't pay much in federal income taxes , either. Over the past five years Exxon has paid at a 3.6% rate (federal tax as a percentage of total pre-tax profits). Chevron was little better at 5.6%. Marathon paid 12%, Conoco Phillips 17%. They use...
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Exxon Profit Up 69 Percent as Gas and Oil Prices Boost Top Five Oil Companies
Exxon Mobil and Royal Dutch Shell today reported first-quarter profit increases of 69 percent and 30 percent, respectively, from the same period last year. With rising gas and oil prices, analysts expected the five biggest oil companies -- with Exxon as the largest -- to report that they are...
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