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…
Bid Deadline for Pantry Sites Announced
A bid deadline of July 20, 2010 has been set for the 74 sites throughout the Southeast being divested by The Pantry Inc. NRC Realty & Capital Advisors LLC (NRC) noted that details on each available property are now available online. Properties being sold include a mix of convenience stores with gas, stand-alone convenience stores,…
Keeping C-Stores Secure
When he thinks of PCI compliance, Ed Freels, director of information systems for Honey Farms Inc. recalls an old t-shirt slogan from the 1970s, “It showed the AC130 gun ship from the Vietnam era and it said, ‘You can run, but you’ll just die tired,’ and PCI compliance is no different. The most dangerous merchant…
Oil Spill Investigation Continues
BP’s internal investigation team has started sharing initial perspectives of its review of the causes of the tragic Deepwater Horizon fire and oil spill. The investigation is a fact-finding effort that is still underway, and has already identified various issues for further inquiry. BP has shared these early perspectives with the Department of the Interior…
BP Investigates Spill Impact
BP today announced a commitment of up to $500 million to an open research program studying the impact of the Deepwater Horizon incident, and its associated response, on the marine and shoreline environment of the Gulf of Mexico. “BP has made a commitment to doing everything we can to lessen the impact of this tragic…
BP Webcam Shows Riser Flow
In an effort to capture oil from the Gulf of Mexico oil spill, BP using a riser insertion tube tool (RITT) containment system. Once on the drillship Discoverer Enterprise, the oil is then being stored and gas is being flared. The RITT remains a new technology and both its continued operation and its effectiveness in…