

Both Shell and BP employ significant engineering and planning resources to determine viable business opportunities for their companies. So the withdrawal of Shell from the Thames Estuary wind farm project and BP’s stated lack of interest in wind turbines strongly endorse Christopher Booker’s assertions (May 4) that wind turbines are not an economic or reliable way to produce electricity.
Bruce Tait, Hythe, Kent
http://www.telegraph.co.uk/opinion/main.jhtml?xml=/opinion/2008/05/11/nosplit/dt1101.xml
A federal appeals court ruled on Wednesday that the rights of victims in BP’s fatal Texas City explosion in March 2005 were violated by US prosecutors who reached a secret plea agreement with the UK oil group late last year before consulting victims.
Click to continue reading “Court rules on BP blast victims’ rights”
Pressure from Mr Mitvol two years ago led rival Royal Dutch Shell to sell part of its holding in the Sakhalin 2 field.
Click to continue reading “TNK-BP wins record tax rebate in Russia worth almost £215m”
Seeking a preliminary injunction to prevent seismic surveying in the Arctic Ocean, the lawsuit alleges the federal government violated the National Environmental Policy Act by issuing permits to Shell Oil and British Petroleum prematurely, before completing an Environmental Impact Statement.
Click to continue reading “Lawsuit Filed to Block Loud Oil Exploration in Arctic Seas”
Exxon Mobil Corp.’s $10.89 billion first-quarter profit report Thursday ranks as one of the biggest hauls in U.S. corporate history. But the results disappointed Wall Street and added to concerns about the future of the industry.