Did you know companies could negotiate lower interest rates by convincing their lenders it pays to be sustainable?
— John Hofmeister is founder and CEO of Citizens for Affordable Energy, former president of Shell Oil Company and author of Why We Hate the Oil Companies: Straight Talk from an Energy Insider. Any views expressed here are his own. —
from Tales from the Trail:
The new public relations gurus hired by BP couldn't have started at a better time. The team, headed by Anne Womack-Kolton -- a former spokeswoman for Vice President Dick Cheney and the White House -- had just started work when they had to deal with an unfortunate statement by BP chief executive Tony Hayward.
Does BP’s now-familiar yellow-and-green sunflower logo need an update? Joe Daley thinks so. As the founder of a website that acts as a clearinghouse for logo designers around the world, Daley reckons the British oil giant’s corporate icon should reflect the spreading oil spill in the Gulf of Mexico. So Daley’s launched an online contest to find an appropriate replacement logo.
Venice, Louisiana, proudly calls itself the world’s “Fishing Capital” but as the Memorial Day holiday weekend gets under way, there are times when it seems journalists outnumber anglers in this steamy bayou town. There are also lots of fishing and charter guides with no or few clients.
Louisiana walruses? Seals swimming along the Gulf Coast?
These creatures normally live in the Arctic Ocean, not the Gulf of Mexico, but they’re listed as “sensitive biological resources” that could be affected by an oil spill in the area in a document filed by BP last June with the U.S. Minerals Management Service. More than a month after BP’s Deepwater Horizon rig blew out and sank on April 20, the British oil giant’s regional spill response plan drew some severe criticism from the watchdog group Public Employees for Environmental Responsibility.
Another oil company besides BP is drawing the ire of environmental groups this month. The Norwegian-based Statoil is under fire for development of the oil sands of Alberta Canada, a bi-weekly analysis of companies in the news by ASSET4 data providers shows.