Group items tagged

http://bp-holdings-barcelona-madrid-spain.wikia.com/wiki/BP_Holdings_Barcelona_-_Bly_Report:_recommendation_to_reality Immediately after the Deepwater Horizon accident in the Gulf of Mexico, BP asked its most senior safety professional, Mark Bly, to lead an investigation relating to the causes of the incident and make recommendations to help prevent such accidents from occurring. The investigation led to 26 recommendations for reducing risk in BP's drilling operations. Since the report's publication in 2010, BP has made a significant progress in implementing those 26 recommendations. BP Magazine finds out more In September 2010, four months after the Deepwater Horizon accident in the Gulf of Mexico, BP released its Deepwater Horizon Accident Investigation Report, known as the Bly Report, concluding that the accident resulted from a complex, interlinked series of failures involving multiple parties. The report was the work of an investigation team led by BP's head of safety and operations, Mark Bly, and consisted of more than 50 technical and other specialists, drawn not only from BP but also the wider energy industry. The team made 26 recommendations specific to drilling, aimed at further reducing risk. Accepting all of these recommendations, BP committed to their implementation across its worldwide drilling operations and the recommendations are now in the process of being implemented into the well designs by engineers and operations personnel. That implementation is overseen by the global wells organisation (GWO), established by BP in April 2011 to facilitate a stronger, centralised and standardised approach to all BP-operated wells activity. "Our mission is to deliver safe, compliant and reliable wells for BP," says Richard Lynch, head of GWO. "We have to be very clear about the work we are doing and the risks involved, and have plans in place to manage those risks. "Successfully delivering the report's recommendations will standardise th

Tesoro Corp.'s buyout of BP plc's refinery in California, once finalized, will make the San Antonio petroleum company the biggest refiner in the state and also significantly expand its retail holdings. Tesoro announced Monday its plans to acquire BP's 266,000-barrel-per-day refinery in Carson, Calif. However, the purchase also includes a retail network of about 800 dealer-operated gas stations in Southern California, Nevada and Arizona as well as the ARCO and ampm convenience store brands. These independently owned and operated stores currently buy an average of 245,000 gallons per month wholesale from the BP refinery. This agreement with London-based BP is expected to bolster Tesoro's existing retail network, which currently consists of more than 1,375 branded stations - including nearly 590 company owned gas stations that operate under the Tesoro, USA Gasoline and Shell brands. The Carson refinery is located south of Los Angeles. Tesoro intends to integrate that refinery with its existing 97,000-barrel-per-day refinery in Wilmington, Calif. Tesoro also owns a 166,000-barrel-per-day refinery in Martinez, Calif. The purchase also includes three marine terminals; four land storage terminals; four product marketing terminals; and more than 100 miles of pipelines. Tesoro will have pipeline access to Los Angeles International Airport. The total deal is valued at $2.5 billion. San Antonio-based Tesoro (NYSE: TSO) operates seven refineries in the western United States with a combined capacity of 675,000 barrels per day. That number will jump to eight facilities once the BP refinery acquisition closes - slated for mid-2013.

Tesoro Corp.'s buyout of BP plc's refinery in California, once finalized, will make the San Antonio petroleum company the biggest refiner in the state and also significantly expand its retail holdings. Tesoro announced Monday its plans to acquire BP's 266,000-barrel-per-day refinery in Carson, Calif. However, the purchase also includes a retail network of about 800 dealer-operated gas stations in Southern California, Nevada and Arizona as well as the ARCO and ampm convenience store brands. These independently owned and operated stores currently buy an average of 245,000 gallons per month wholesale from the BP refinery. This agreement with London-based BP is expected to bolster Tesoro's existing retail network, which currently consists of more than 1,375 branded stations - including nearly 590 company owned gas stations that operate under the Tesoro, USA Gasoline and Shell brands. The Carson refinery is located south of Los Angeles. Tesoro intends to integrate that refinery with its existing 97,000-barrel-per-day refinery in Wilmington, Calif. Tesoro also owns a 166,000-barrel-per-day refinery in Martinez, Calif. The purchase also includes three marine terminals; four land storage terminals; four product marketing terminals; and more than 100 miles of pipelines. Tesoro will have pipeline access to Los Angeles International Airport. The total deal is valued at $2.5 billion. San Antonio-based Tesoro (NYSE: TSO) operates seven refineries in the western United States with a combined capacity of 675,000 barrels per day. That number will jump to eight facilities once the BP refinery acquisition closes - slated for mid-2013.

"The campaigns of U.S. Senate candidates Russ Feingold and Ron Johnson sparred Friday over ownership of stock in BP, the British company behind the Gulf Coast oil spill. Johnson reported owning individual BP stock valued at $116,000 to $315,000. Feingold, the Johnson campaign noted, is a member of the Wisconsin Retirement System, which has invested in BP. The fuel was a financial disclosure report Johnson filed with the Senate and tax returns he voluntarily made public - reports that confirmed Johnson's personal wealth and also highlighted his history of major charitable donations. The Republican business executive from Oshkosh has reported taxable income averaging about $1 million a year for the past five years and $400,000 in charitable donations he deducted on his taxes. Johnson owns millions in stock, while Feingold, the Democrat seeking a fourth term, has just one mutual fund valued at $50,000 to $100,000. Johnson listed 153 stock and bond holdings, including 19 valued at more than $100,000. Johnson last month was critical of President Barack Obama's move to pressure BP into setting up a claims fund for victims of the spill. The company already has paid out millions of dollars from that fund. Johnson said BP acted negligently but argued that Obama should have let the courts decide on damages. Aides to Johnson said he had no plans to sell the stock and shouldn't be criticized for owning such a popular and common stock. "The spill in the Gulf is an economic and economic disaster, and Ron is just as angry about that as anybody else," Johnson campaign manager Juston Johnson said. He said Ron Johnson thought it was inappropriate to focus first on BP's negligence before the spill was capped and a cleanup was under way. Feingold aides said it wasn't fair to compare Johnson's ownership of BP stock to Feingold's retirement account, which is directed by the state investment board on behalf of government employees. Feingold was a state legislator before his electi

NEW DELHI - Tata Power Co. 500400.BY -1.40% Thursday said it has renamed its solar-energy venture and appointed a new chief executive for the unit. Tata BP Solar India Ltd. will now be called Tata Power Solar Systems Ltd., the country's largest private power company by capacity said in a statement. The utility had in December signed an agreement to buy BP PLC BP.LN -2.92% unit BP Alternative Energy Holdings' 51% stake in the joint venture set up in 1989. Tata Power said it has appointed Ajay Goel as the chief executive of the solar company. Mr. Goel succeeds K. Subramanya, who had resigned in May. Tata Power Solar is engaged in the engineering and construction of solar-power projects. It also manufactures solar equipment.