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Approximately $2.5 billion of liabilities for BP. The Texas City refinery explosion occurred on March 23, 2005, when a flammable hydrocarbon vapor cloud ignited and violently exploded at the isomerization process unit of the BP oil refinery in Texas City, Texas, killing 15 workers, injuring 180 others and severely damaging the refinery.
June 11 – Flow Rate Technical Group says the leak could be 20,000 to 40,000 barrels (840,000 to 1,680,000 US gallons; 3,200,000 to 6,400,000 litres) of oil a day. [ 94] June 15 – Obama in the first speech from the Oval Office of his presidency focuses on the spill. [ 95] June 16 – Obama meets with Svanberg, Hayward, McKay.
BP announced that it was setting up a new unit to oversee management of the oil spill and its aftermath, to be headed by former TNK-BP chief executive Robert Dudley, [67] who a month later was named CEO of BP. [66] On 1 October, BP's London Stock Exchange price reached 439.75 pence, the highest point since 28 May. [68]
PRAIRIE VEIW, Texas - Ground has been broken, in Prairie View, on a $100 million manufacturing plant that promises hundreds of jobs. It is the latest result of aggressive efforts to bring business ...
Manzoni started to work for the oil and gas company BP in 1983. [2] In 2000, he was a group vice president at the company. [3] He was chief executive for refining and marketing at BP at the time of the Texas City refinery explosion in 2005, in which 15 people were killed and 170 injured. [4]
The husband of a former manager at British oil and gas giant BP has pleaded guilty to insider trading after he took advantage of sharing a workspace with his now estranged wife during the pandemic ...