Friday, July 30, 2010

BP Texas City Explosion 2005 youutbe

BP Oil Official Public Apology (SPOOF) youtube

BP picks Bob Dudley the man who made a fool and a laughingstock in Russia
EXCERPT:
BP, whose headquarters are at No. 1 in the Square (left image, behind the horse), has a bad knack for picking the wrong horse, the wrong footing, and then falling off catastrophically. The selection this week of Robert Dudley (right image) as the new chief executive replacing Tony Hayward is a fresh example. No doubt there must be at least one fall guy for BP’s disastrous performance in the Gulf of Mexico. But to pick Dudley requires a spill of brains in the BP board room that is blacker than the spill around the Macondo field. Miscalculation as great as Dudley made in Russia deserves to be remembered now, before he brings to the United States and remainder of BP’s operating territories three characteristics that brought his company down two years ago in Moscow – under-estimation of rivals, political incompetence, and the incapacity to learn from mistakes. At least, in the US it is already clear to Dudley who the president of that country really is. In Russia, it was his mistake on that point which led to all the others.

TNK-BP Robert Dudley and Lord Robertsons personal statements in full
EXCERPT:
Lord Robertson expresses outrage at AAR over TNK-BP CEO's Russian exit

Deputy TNK-BP chairman Lord Robertson today expressed his outrage at the behaviour of Alfa, Access and Renova (AAR) and affiliated executives Viktor Vekselberg and German Khan. Robert Dudley, TNK-BP's chief executive, has decided to leave Russia temporarily following an orchestrated campaign of harassment.

Lord Robertson said: "Bob Dudley has decided he can most effectively manage the company from outside Russia. This has clearly been a difficult decision for him. Bob Dudley is an outstanding chief executive and under his leadership, BP and AAR have seen the value of their original investments multiplied many times.

TNK-BP wikipedia
EXCERPT:
After TNK and BP merged their Russian oil and gas businesses in 2003, within a relatively short time there was new legal strife between BP and the Alfa Group over TNK-BP.[3] Prior to the partial TNK acquisition by BP, TNK had aggressively seized several assets from another BP joint venture, wrote The Economist in May 2007, speculating that greater pressure might be applied by government-owned entities, such as the Gazprom Neft.[4] The legal battle was ignited after a clause against trade in the TNK-BP share expired in 2008. Western BP executives have been denied visa to Russia, employees have been accused of espionage in March 2008, and there is total disagreement between BP and Alfa over the executive management of TNK-BP, including suspicion that the Alfa Group seeks to weaken BP's powers through a strategic alliance with Gazprom.[5][6] Furter, Alfa Group has accused TNK-BP CEO Robert Dudley of having violated Russian laws.[

BPs Robert Dudley replaces Tony Hayward
EXCERPT:
BP announced CEO Tony Hayward's ouster Tuesday as it reported a huge quarterly loss and a $32.2 billion charge to cover oil-spill related costs.

The company said Robert Dudley, an American, will become its first non-British CEO on Oct. 1, when he replaces Hayward, widely criticized for his handling of the worst oil spill in U.S. history.

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