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Bp Company

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.
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.
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.
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.
December 16, 2010 | By Richard A. Serrano and Neela Banerjee, Washington Bureau
The Obama administration filed a civil complaint Wednesday against BP and eight other companies over the gulf oil spill this year, setting up a lengthy and complex legal battle over cleanup costs and penalties that could amount to billions of dollars. The complaint, filed in U.S. District Court in New Orleans, alleges a series of violations of federal safety and operational regulations that resulted in the April 20 explosion and fire on the Deepwater Horizon drilling rig in the Gulf of Mexico.
April 2, 2009 | Times Wire Reports
A helicopter returning from a North Sea oil platform went down off the northeast coast of Scotland with 16 people on board, and police said at least eight were killed. Scotland's Grampian Police said eight bodies had been recovered from the sea and that the search for the other passengers was continuing. A spokesman for the BP oil company said the helicopter was working for the company and was returning to Britain from an offshore oil field.
July 12, 2003 | From Times Wire Reports
A weakened Tropical Storm Claudette entered the Gulf of Mexico with 50-mph winds and started on a path that could lead it toward southern Texas. Claudette had dumped heavy rains, sunk small boats and whipped up waves in Cancun as it passed over Mexico's Yucatan Peninsula, but it did little noticeable damage. In Texas, the BP oil company evacuated nonessential employees from oil and gas platforms along the Gulf of Mexico. The company did not shut down production, a spokesman said.
May 26, 2010 | By Ashley Powers and Richard Simon, Los Angeles Times
Hours before the fatal accident that sank the Deepwater Horizon oil rig in the Gulf of Mexico, workers for the rig's owner quarreled with BP officials who wanted to finish the drilling job despite problems, a mechanic told a Coast Guard committee in Louisiana on Wednesday. Douglas Brown, the rig's chief mechanic, testified that three officials for rig owner Transocean Ltd. balked at the desire of a BP "company man" to remove drilling mud from the pipe connecting the rig with the well.
June 30, 2008 | From Bloomberg News
Investors in Exxon Mobil Corp., Royal Dutch Shell and BP are losing money, even though oil prices are hitting records, as they cede control of production to state-owned energy companies. Exxon, the world's biggest company by market value, saw its stock fall 7.6% this year after Venezuela forced the Irving, Texas-based producer out of the Orinoco Belt, South America's largest oil territory. Shell lost 4.6% in London trading as Russia seized control of the $22-billion Sakhalin-2 venture.
November 17, 2012 | By Joseph Serna
Two workers on an oil rig in the Gulf of Mexico were still missing Saturday, following an explosion on the site a day earlier that injured nine other people. The U.S. Coast Guard was searching a 1,400-square-mile area of ocean Saturday around a Black Elk Energy rig that burst into flames Friday when oil caught fire as workers cut through a pipe. The platform is off the Louisiana shore, about 20 miles southeast of Grand Isle. The rig had been shut down since mid-August, company officials said, leaving authorities little concern about an oil spill.
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