Wooo US bars BP from new oil contracts in wake of Deepwater

[88m3]

The US environmental agency on Wednesday has temporarily suspended oil giant BP from any new federal contracts over what it called the company’s “lack of business integrity” after the Deepwater Horizon disaster in 2010.
By News Wires (text)

The Obama administration put a temporary stop to new federal contracts with British oil company BP on Wednesday, citing the company’s “lack of business integrity” and criminal proceedings stemming from the Deepwater Horizon disaster in 2010.

The action by the Environmental Protection Administration won’t affect current contracts, but prevents BP and its affiliates from new government contracts “until the company can provide sufficient evidence to EPA demonstrating that it meets federal business standards,” the agency said.

“EPA is taking this action due to BP’s lack of business integrity as demonstrated by the company’s conduct with regard to the Deepwater Horizon blowout, explosion, oil spill, and response,” the agency said in a statement.

In London, BP said it had no immediate comment but expected to make a statement later Wednesday.

The EPA suspensions were standard practice when a criminal case raises responsibility questions about a company. The suspension came the same day two BP rig supervisors and a former executive were scheduled to be arraigned on criminal charges stemming from the deadly explosion and the company’s response to the resulting oil spill in the Gulf of Mexico.

BP announced earlier in November that it will plead guilty to manslaughter, obstruction of Congress and other charges and pay a record $4.5 billion in penalties to resolve a Justice Department probe of the disaster. Attorneys for BP and the Justice Department plan to meet with a federal judge in December to discuss a date for pleading guilty.

It was not immediately clear what new or pending contracts the suspension might affect. In the past, BP has been a major supplier of energy to the U.S. military, and has also provided fuel products and drilling services for other U.S. agencies such as the Bureau of Ocean Energy Management.

(AP)

US bars BP from new oil contracts in wake of Deepwater - BUSINESS - FRANCE 24


"Due to a lack of business integrity"

 

[Brown_Pride]

and this is why companies cannot be people. IF this corporation were a person he'd be going to jail. Can't jail a piece of paper.

FYI if this is one of "those" articles 88mm i'm kicking your ass

 

[Mr. Somebody]

O hes making um mad.

 

[Slystallion]

and this is why companies cannot be people. IF this corporation were a person he'd be going to jail. Can't jail a piece of paper.

FYI if this is one of "those" articles 88mm i'm kicking your ass

Ceo's have gone to jail...and they are considered entities for tax purposes...

The better term is to call corporations entities since it consists of people but isn't a living being in itself

 

[88m3]

and this is why companies cannot be people. IF this corporation were a person he'd be going to jail. Can't jail a piece of paper.

FYI if this is one of "those" articles 88mm i'm kicking your ass

This is on the level. I know it's getting difficult these days.

 

[Mr. Somebody]

Look at this demonic CNN article about this issue. Its so sad when a news outlet turns into a newsRag.

The spill: How much should BP suffer? - CNN.com
Title of the story - How Much Should BP Suffer.

Its so demonic, friends.

 

[88m3]

bump


this is pretty big news

 

[Domingo Halliburton]

I better not hear anybody bytch about high gas prices....

 

[88m3]

I better not hear anybody bytch about high gas prices....

About to lose some money friend?

 

[tru_m.a.c]

I better not hear anybody bytch about high gas prices....

the others are too busy pushing their benghazi agenda while tightening up for the fiscal cliff

we won't hear bytching about gas prices from either side for awhile

 

[88m3]

Gas has been cheaper than it has been in a long time actually.



My 93 Octane 8 mpg beast loves it

 

[Domingo Halliburton]

About to lose some money friend?

no I'm just saying all this can lead to is higher energy prices, but I saw a report yesterday that the world has a lot more excess oil then previously thought. So I'm assuming that's the reason for lower prices (that and demand is dying down in the winter months).

 

[88m3]

no I'm just saying all this can lead to is higher energy prices

Why? Did you read the article?

 

[Domingo Halliburton]

Why? Did you read the article?

yeah read the last paragraph you quoted in the OP

edit: yeah forget what I said I didn't realize it was just government contracts

 

[Domingo Halliburton]

double