The Great Debate UK

BP Gulf of Mexico crisis will transform the oil industry

June 11, 2010


-Kees Willemse is professor of off-shore engineering, Delft University.  The opinions expressed are his own.-

from Breakingviews:

UK governance code fails at BP and Prudential

June 3, 2010

(Republished on Oct. 19 with the following disclaimer: Neil Collins owned shares in BP when he wrote this article; he bought shares shortly before and after)

from Breakingviews:

BP shaping up as Lehman Brothers in the oil patch

By Rob Cox
June 2, 2010

BP's deepwater debacle is shaping up as Lehman Brothers in the oil patch. The toxic ingredients that led to that Wall Street firm's implosion are abundantly present in the British energy giant's Gulf of Mexico fiasco: flawed risk management, systemic hazard and regulatory incompetence.

from Breakingviews:

BP’s Gulf fiasco makes it vulnerable to a takeover

By Rob Cox
May 27, 2010

By Rob Cox and Christopher Swann

Eventually, BP will definitively stop the flow of oil from its deepwater mishap in the Gulf of Mexico. That's when the autopsy will begin in earnest. But if the information dribbling into the public domain proves correct, the British energy giant will be a weakened creature -- so weak it will be vulnerable to a takeover.

How much damage will the BP oil spill cause?

May 14, 2010

-Kees Willemse is professor of offshore engineering at Delft University. The opinions expressed are his own.-

Never mind oil, BP runs low on directors

April 9, 2009


— Neil Collins is a Reuters columnist. The opinions expressed are his own —

LONDON, April 8 (Reuters) – BP has undergone a critical period of self-assessment over the last four years. The chairman, no less, says so in the oil company’s annual report.