Volkswagen has hired the law firm that defended BP during the Deepwater Horizon oil spill for the automaker's aid in the diesel emissions scandal.
Recalls are quite common in the automotive world, but this recent recall is out of the ordinary. BP has just announced a recall for contaminated gasoline in the northwest Indiana and northeast Illinois areas that have evidently caused numerous drivability issues in customer vehicles. Apparently, this recall only applies to regular grade gasoline that originated from BP's Whiting, Ind. storage facility last week and purchased at BP gas stations and "other retail outlets," which according to the T
British Petroleum (BP) is set to expand its Brazilian ethanol output with its full acquisition of biofuel firm Tropical BioEnergia S.A. Set to take effect immediately, BP will acquire the remaining 50 percent of Tropical BionEnergia from existing joint venture partners for $71 million.
Remember the Deepwater Horizon, the oil rig that exploded in the Gulf of Mexico last year and leaked untold thousands of gallons of oil and tar balls? Of course you do. Well, things might not be as finished there as the recent news silence would suggest. With the federal government still trying to Restore The Gulf, reports are coming in that BP is "investigating" a new sheen of oil in the Gulf. No word yet on whether this is a new spill, something fairly innocent (some oil does naturally seep ou
As expected, a Democratic bill that would have put an end to the multi-billion-dollar annual tax subsidies for oil companies Chevron, Shell, BP, ConocoPhillips and Exxon Mobil failed to overcome a Republican filibuster on Tuesday evening. The heavily partisan 52-in-favor, 48-against vote fell eight shy of the 60 required to bring the bill to the floor.
As expected, a Democratic bill that would have put an end to the multi-billion-dollar annual tax subsidies for oil companies Chevron, Shell, BP, ConocoPhillips and Exxon Mobil failed to overcome a Republican filibuster on Tuesday evening. The heavily partisan 52-in-favor, 48-against vote, fell eight shy of the 60 required to bring the bill to the floor.
British Petroleum's (BP) disastrous Gulf oil spill will forever be a part of our nation's gasoline-powered history. The oil giant is trying to introduce an improved ethanol that could assist us in weaning ourselves off of oil and making that spill a distant memory. Recently, BP teamed up with the University of Illinois, Lawrence Berkeley National Laboratory, the University of California at Berkeley, and Seoul National University to engineer a yeast strain that can simultaneously ferment two diff
Don't look now, but we're firmly entrenched in the final week of 2010. Which means, besides figuring out a way to return a few gifts, it's time to take a look back at the year that was. Here's one to get us started: What companies made the biggest blunders of 2010?
BP CEO Tony Hayward isn't exactly the most popular businessman in the world these days. Socially tone-deaf, he's going to be remembered (rightly) for his callous "I want my life back" statement that came while his company's oil was ruining the lives of people living along the Gulf of Mexico. He has announced he will leave BP and, in two weeks, will be gone.
In response to BP's catastrophic oil spill in the Gulf of Mexico, President Barack Obama immediately placed a six-month moratorium on deep-water drilling efforts, a move which affected 33 deep-water drilling projects. While many people initially applauded Obama's decision, public sentiment in the U.S. has now changed. The numbers from a recent Bloomberg National Poll paint a vivid picture of American desires to continue extracting the black gold from under the sea bed despite the accident that t
One of the weirdest parts of the BP oil spill is the work that actor Kevin Costner is doing to help clean up the spill. Except that it's really not that weird at all. We just weren't that aware of the work Costner has been doing on oil cleanup work with his Costner Industries company and Ocean Therapy Solutions since his interest was piqued after the Exxon Valdez spill in 1989. After all this time developing and promiting his oil separation devices, OTS now has some good news to report: BP is "e
The exact amount of oil that is still spewing into the Gulf of Mexico from BP's broken tap is a number under some dispute, but the mess could be increasing at a rate of a million gallons a day. Or, as the WaPo put it, "roughly one Valdez spill every week." So, how much gasoline has been wasted by all that oil escaping into the ocean? One way to measure it is the way Green Car Reports did: by asking how many Toyota Prius hybrids would you need to sell to offset the loss? Their answer: almost a m
You'd have to be living in a deep, dark hole somewhere in the middle of nowhere to not have heard anything about the massive oil spill in the Gulf Of Mexico. And you better not come out of your cave just yet, since not a day pass that we don't hear about this continuing disaster. We should be hearing about this, because it's a tragic event and British Petroleum (BP) deserves to take heat for its actions (or lack thereof) that led to the explosion and ensuing catastrophic spill. Even though BP ha
When a major public relations calamity strikes a large corporation. the situation can be addressed in multiple ways. The best approach is surely to address the problem quickly and effectively and rely on the public to recognize that you've done the right thing. Such a tactic worked remarkably well for Johnson & Johnson following the Tylenol poisoning incident in 1982. The other major approach is to obfuscate, spin and ultimately re-brand.
British consumer research firm YouGov BrandIndex polls 5,000 adults every weekday to allocate a so-called buzz rating to some of the most important consumer brands in the world. The buzz rating of a brand can fluctuate wildly if, for example, a new product or service is announced. Let loose a piece of really good news and your buzz rating can hit 100 points. But negative news about a brand can send the buzz factor plummeting to minus 100 points. Sounds like TMZ-style ratings for corporations to