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Bp Company

BUSINESS
July 19, 2006 | From Bloomberg News
BP and General Electric Co. said Tuesday they had agreed to develop fossil-fuel-fed power plants in California and Scotland that bury carbon dioxide underground to reduce emissions. The two companies said they might form a venture to build as many as 15 power plants in the next decade, including those previously announced in Carson in Los Angeles County and Peterhead, Scotland. BP, based in London, and GE, based in Fairfield, Conn.
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CALIFORNIA | LOCAL
August 10, 2006 | From Reuters
Gov. Arnold Schwarzenegger directed the California Energy Commission on Wednesday to monitor gas prices in the wake of BP's pipeline problems in Alaska. The governor also asked the federal government to make the West Coast a priority for any oil shipments from the Strategic Petroleum Reserve.
CALIFORNIA | LOCAL
September 13, 2006 | From a Times Staff Writer
Federal, state and BP crews are cleaning up an estimated 43,000 gallons of oil product from a BP pipeline at the Port of Long Beach in an incident that occurred Friday morning but not made public until Tuesday afternoon. The gas oil, a flammable substance used to make gasoline, apparently did not reach harbor waters. Most was trapped in a pump station, but some oil contaminated the soil in a nearby rail yard , said spokesmen for the U.S. Coast Guard and the city of Long Beach.
BUSINESS
May 22, 2001
The company that supplanted Arco in downtown Los Angeles is about to replace the sign on the oil company's Bunker Hill office building with one of its own. Britain-based BP, which owns the Arco brand, will unveil a sign today with the BP name atop 57-story 333 S. Hope St., which will be renamed BP Plaza. Senior BP executives will preside over noon ceremonies that will include street performers and other entertainment, BP said.
BUSINESS
August 9, 2006 | Martin Zimmerman, Richard Simon and Elizabeth Douglass, Times Staff Writers
BP said Tuesday that it had halted about half the output from its Alaska oil operations but hinted that it might stop short of completely shutting production from America's largest oil field as it repairs corroded pipelines. The news came as lawmakers in Washington, outraged by the interruption of a major source of U.S. crude, called for hearings on the BP debacle and pushed for tighter regulation of the nation's pipelines.
BUSINESS
August 22, 2006 | From the Associated Press
British oil company BP on Monday denied allegations that it manipulated data from inspections of Alaska pipelines that were partly shut down this month because of corrosion problems. The Financial Times reported the Environmental Protection Agency was probing allegations by BP workers that the company manipulated data to avoid replacing pipelines in the Prudhoe Bay, Alaska, oil field.
NATIONAL
September 8, 2006 | Noam N. Levey, Times Staff Writer
Rep. Joe L. Barton (R-Texas) was "very concerned." Rep. Tammy Baldwin (D-Wis.) was "frustrated" and "angry," as well as "concerned." And Rep. Bart Stupak (D-Mich.) was "just baffled." No one, in fact, said he or she was pleased during a hearing by the House Energy and Commerce subcommittee on oversight and investigations, which spent hours Thursday examining what led to a break in one of BP's Alaska oil pipelines this year.
NATIONAL
August 12, 2006 | Sam Howe Verhovek, Times Staff Writer
Hard by the Beaufort Sea, in 30-degree wind chill and surrounded by an otherworldly tableau of bright orange natural gas flares, caribou herds and wisps of arctic fog, Kemp Copeland wants everyone to know that he's working as fast as he can.
BUSINESS
June 29, 2006 | From the Associated Press
Federal investigators said Wednesday that traders at oil and gas producer BP cornered the U.S. propane market in the winter of 2004 to illegally manipulate prices, driving heating costs higher for rural consumers. The Commodity Futures Trading Commission said BP traders, with the consent of senior management, "purchased enormous quantities of propane to establish a dominant" position in the market and then withheld fuel from the market to drive prices higher.
BUSINESS
June 28, 2006 | Elizabeth Douglass, Times Staff Writer
Oil giant BP pledged $5 million Tuesday to fund a five-year solar project at Caltech that would explore using tiny silicon rods to make solar cells absorb sunlight more efficiently. The research supplements a smaller collaboration between BP and Caltech that focuses on improving existing solar technology, said Jean Posbic, director of product development at BP Solar. "With this agreement, we're looking even further into the future, about five to 10 years out," he said.
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