BP is unsure when operations can resume at the attack-hit In Amenas facility in Algeria; for...

BP is unsure when operations can resume at the attack-hit In Amenas facility in Algeria; for now, it says it is concentrating on confirming the fate of the remaining four of its 18 employees who were at the plant. But the attack that killed at least 38 hostages was no outlier: about three attacks per week are made worldwide on oil employees and installations - "the cost of doing business."
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  • Tony Petroski
    , contributor
    Comments (6356) | Send Message
    For those of you who like a "pristine" earth and yet still enjoy traveling by means of cars and planes and trains (Lance Armstrong, I'm not referring to you as you can cycle to where you want to go) you are seeing why BP wanted to get "Beyond Petroleum." It ain't an easy business getting black stuff out of the ground, transported, refined, transported again and then retailed into your Prius.


    Worse yet, Reuters is reporting that "The Algerian President has announced he is setting up a commission to look into the negligence of BP in this 'affair.' A spokesman (in Algeria there are no "spokespeople") said that 'the President thinks BP should have provided better security at the plant. Our President has decided to put his boot on the neck of BP.'"


    Ouch--in Algeria, when they "put the boot on your neck" you can really feel it.
    23 Jan 2013, 10:25 AM Reply Like
  • doc47
    , contributor
    Comments (1763) | Send Message
    Gee, BP misreading the tea leaves again in terms of political/social risks to its ventures. This company can't do much right. I wonder what the "fines" will be for this one!
    23 Jan 2013, 10:54 AM Reply Like
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