BP Creates New Safety Division

BP plans to create a new safety division in the aftermath of this summer’s oil spill disaster in the Gulf of Mexico, CNN reported this week. The “powerful new unit” will have the authority to intervene in all aspects of BP’s technical activities, according to the company. The safety division is one of the new

BP’s ampm Adds Hispanic Snacks

BP’s ampm brand is adding some spice to ampm convenience store shelves with the introduction of a new line of proprietary Hispanic snacks. The snacks, which hit the shelves in several ampm markets earlier this year, debuted under the store’s El Mero brand. “Hispanic consumers are looking for products with authentic flavors,” said Bill Fry,

Sunshine Rolls Out New Technology At 100 Sites

Sunshine Gasoline Distributors Inc. of Doral, Fla. is rolling out Gilbarco Encore S dispensers, Passport point-of-sale (POS) systems and Veeder-Root TLS-450 tank gauges at 100 sites. “We chose Gilbarco Veeder-Root because they are in a unique position to provide turnkey solutions at the forecourt, in-store POS and underground fuel management,” said Luis Lago, vice president

BP’s ampm Debuts New Proprietary Brand

BP’s ampm convenience store brand has long used the tagline “Too Much Good Stuff” in its advertising. Now ampm is driving the point home with the debut of its new in-store brand, Good Stuff by ampm. Two new competitively priced products, bottled water and candy, were the first items to sport the Good Stuff by

Chicago Gasoline Prices Spike on Pipeline Leak

Brian L. Milne, Refined Fuels Editor, Telvent DTN Reduced driving demand following Labor Day typically presses gasoline prices lower in September. There have been exceptions, such as when supply disruptions caused by a hurricane occur, with September the peak period for storm activity in the Atlantic Basin. US drivers should brace for another run higher

BP Spreads The Blame

BP has rolled out the results of a four-month internal investigation into the causes of the April 20 blowout of its Macondo oil well in the Gulf of Mexico, which resulted in the Gulf oil spill. The company spread blame among its contractors, as it pointed to a “complex and interlinked series” of failures from

Rebuilding the BP Brand

With the Gulf Oil spill behind it, a new CEO at the helm and the clean up effort underway, BP now must turn its attention to making good on its recovery promises and helping BP branded stations win back customers who may not quickly forget the devastation in the Gulf. Since the spill began, and

Dealing with Adversity

BP’s Gulf of Mexico response has included more than $4 billion spent to date, including more than 153,650 payments totaling $395 million (as of presstime) in claims to Gulf residents and businesses affected by the oil spill. Other payments included: • $20 billion claims escrow fund • $100 million unemployed rig workers’ fund • $500

BP To Pay $50.6 Million In Settlement

BP Products North America Inc. is set to pay a full penalty of $50.6 million stemming from the 2005 explosion at its Texas City, Texas, refinery that killed 15 workers and injured 170 others, the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has announced. The agreement resolves failure-to-abate citations issued after a

BP Cements Well, Assesses Damage

On Aug. 5, BP completed cementing operations at the MC252 well. The procedure began at 9:15 a.m. CDT and was completed by 2:15 p.m. CDT, as part of the static kill plan. By filling the damaged Macondo well with cement from the top down, the company hopes to guarantee it won’t leak oil again. The

BP’s Hayward To Be Replaced

BP’s Tony Hayward, whose blunders in relation handling the oil spill in the press have created an outcry, is on his way out as CEO, a U.S. government official told the Associated Press. The senior U.S. official who spoke on condition of anonymity because an announcement had not been made, told the Associated Press he

BP Selling Upstream U.S. Assets To Apache

BP is selling its upstream assets in the U.S., Canada and Egypt to Apache Corp., outlined in a number of agreements this week.  The deals together total $7 billion, and comprise BP’s Permian Basin assets in Texas and south-east New Mexico in the U.S.; its Western Canadian upstream gas assets; and the Western Desert business

BP Introduces Mobile Claims Center

BP this week is adding a new mobile claims center to supplement the existing claims centers throughout the state of Louisiana. The mobile claims center has been made to travel with four claims adjusters to assist residents filing claims throughout affected parishes in Louisiana. “This new edition to claims will allow us to reach the

Fallout Continues After BP Stops Spill

Even as BP Corp. has announced that it had succeeded in its attempt to choke off the flow of oil spilling into the Gulf of Mexico, gas stations with BP branded gas continue to experience backlash from consumers angry over the disaster. In Bay Minette, Ala., yesterday a BP gas station was vandalized-with angry messages

BP Stops Oil Leak

BP finally stopped the flow of oil into the Gulf of Mexico on Thursday – 85 days and 184 million gallons after the Deepwater Horizon oil spill began on April 20, the Associate Press reported. Now begins a 48 hour wait to see if the capped-off well holds or blows a leak, as engineers monitor

Boycotted Stations Want BP Help

As many Americans avoid BP stations in protest over the Gulf oil spill, BP-branded station owners are insisting BP do more to help them convince customers that such boycotts hurt independently owned businesses, not the British oil giant, the Associated Press reported. To win back customers, stations want BP to help in reducing the price

BP Claim Payments Climb Past $100M

BP has paid $104 million to residents along the Gulf Coast for claims filed as a result of the oil spill in the Gulf of Mexico, the company reported in a press release. “Our focus has been on getting money into the hands of fishermen, shrimpers, condo owners and others who have not been able

BP To Divest 114 Stations

BP PLC is selling 114 gas stations and convenience-store properties in 22 states, the Wall Street Journal reported. Most of the locations are being marketed as redevelopment sites, while some are being offered as part of potential franchise deals, according to the Web site of BP’s broker, Jones Lang LaSalle. BP had decided to sell

BP Donates $25 Million to GRI

BP has announced significant progress in its half-billion dollar pledge to the Gulf of Mexico Research Initiative (GRI). Three research institutions in the Gulf region will receive a total of $25 million in fast-track funding for high-priority studies of the distribution, composition and ecological interactions of oil and dispersant. On May 24, BP announced a

Strong Words, More Trials In Gulf Response

On Tuesday, President Barack Obama addressed the nation from the Oval Office, summoning Americans to a “national mission” to move away from reliance on oil and develop alternative sources of energy, and noted that it is imperative for Congress to act quickly to overcome “a lack of political courage and candor” surrounding the BP Oil

BP Gives Second $25 Million Grant to Alabama

BP is providing the State of Alabama with an additional $25 million grant to continue implementation of the State’s Area Contingency Plan in the wake of the oil spill from the MC252 well. This $25 million grant is in addition to a previous $25 million block grant that BP announced on May 5 to help

BP To Fund Wildlife Rehabilitation

BP announced it plans to donate the net revenue from oil recovered from the MC252 oil spill to create a new wildlife fund that would create, restore, improve and protect wildlife habitat along the coastline of Louisiana, Mississippi, Alabama and Florida.  The creation of this fund exceeds the company’s  obligations under the Oil Pollution Act

BP Funds Barrier Islands Project

BP has announced that it plans to make an immediate payment of $60 million to the State of Louisiana as part of its previously pledged commitment to fund the entire $360 million cost of six berms in the Louisiana barrier islands project. In a letter to Louisiana Governor Bobby Jindal BP detailed its plans to

BP Redirects Oil Flow

BP continues to respond to the MC252 oil well incident in the Gulf of Mexico, using a lower marine riser package (LMRP) containment cap, installed on June 3, to collect oil and gas flowing from the well and transport them to the Discoverer Enterprise drillship on the surface. On June 5, a total of 10,500

BP Funds Louisiana Barrier Islands Construction

BP today announced that is has established a $360 million escrow account to fund immediately the construction of six sections of Louisiana barrier islands approved by the U.S. government. The company has been directed to pay for the construction by the federal government. Since the environmental implications of the projects are not fully understood, BP

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