Stolen dreams and the small people - BP, Russia & Deepwater Horizon

Stolen dreams and the small people – BP, Russia & Deepwater Horizon

I’d wanted to to attend the BP AGM, but confined to my sick bed I had to make do with following it online. Watching the company webcast, reading the transcripts of the speeches and, most vitally, following the brilliant live-tweets of my colleagues Louise Rouse of ShareAction and Charlie Kronick of Greenpeace UK. In part...
The Russian roulette: Rosneft, BP, and the unknowns of Russian politics

The Russian roulette: Rosneft, BP, and the unknowns of Russian politics

TNK-BP, the British giant’s 50% joint venture with a group of Russian oligarchs, was bringing in about quarter of the firm’s production, and a lot of its political problems. BP’s solution: swap its shares in TNK-BP for cash and a near 20% stake in Rosneft, Russian state-owned company run by Igor Sechin, one of Vladimir...
BP partners with Rosneft, Russia's top polluter - some background

BP partners with Rosneft, Russia’s top polluter – some background

BP confirmed today that it’s swapping its 50% stake in TNK-BP (which provided about a quarter of the company’s global output) for cash and shares in Rosneft, the Russian state-controlled oil company, becoming a nearly 20% shareholder in it as a result. The two companies have been looking for ways to partner up to exploit...

BP’s botched Arctic deal and the extent of the Foreign Office’s support

An article on the front page of the Business Section of the Telegraph today has used Freedom of Information requests obtained by PLATFORM to show how BP has used the Foreign Office to cement a controversial deal in Russia, even when the legality of the deal was in doubt. A Channel 4 Dispatches episode this evening by investigative journalist...

Arctic Anxiety – new report on BP’s attempts to drill in the arctic

‘Arctic Anxiety – BP, British foreign policy and the rush for polar oil’ can be downloaded fromhttps://platformlondon.org/aa.pdf In the wake of Thursday´s arbitration ruling that has delayed BP´s Arctic alliance with Rosneft, Foreign Office minutes sourced through FoIA and a new report published by PLATFORM and Greenpeace UK reveal ongoing high-level support for BP without...