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Financial Tribune

BP Accused of 'Side-Stepping' Russian Sanctions

By Andy Rowell

A new expose published Monday reveals how BP, working closely with the British government, has been "side-stepping" sanctions introduced after the Russian annexation of Crimea.

The expose is based on documents, obtained under British Freedom of Information laws, which have been obtained by the campaign organization, Culture Unstained, part of the ArtNotOil Coalition, which campaigns to kick fossil fuel money out of the arts. The campaign group is particularly critical of BP's ongoing sponsorship of the British Museum in the UK.

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NYC Mayor's Office / Twitter

Empire State Building Shines Green After NYC's Decision to Take on Fossil Fuel Industry

New York City's iconic Empire State Building glowed green Wednesday night following two "watershed" announcements—that the city would seek to divest its pension funds from fossil fuel investments, and that it filed suit against five oil giants for contributing to climate change.

"The Empire State Building is shining green tonight because it's time to put our planet first. #DivestNY," Democratic Mayor Bill de Blasio tweeted Wednesday.

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Animals
Scientists have been shocked at the depth and size of the Amazon reef. Greenpeace

Amazon Reef: BP Drilling Plans Dealt Another Blow by Brazilian Regulator

By Joe Sandler Clarke, Unearthed

BP's plans to drill for oil near a huge coral reef in the mouth of Amazon river have been dealt a further blow after a regulator questioned the company's environmental risk assessment.

Ibama, Brazil's federal environmental agency, rejected an environmental study from the British oil giant, further delaying the company's plans to drill in the region.

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Fourth St. sign under water in San Francisco. Scott Schiller/Flickr

San Francisco Becomes First Major U.S. City to Sue Fossil Fuel Industry Over Costs of Climate Change

San Francisco and Oakland are suing Chevron, ConocoPhillips, ExxonMobil, BP and Royal Dutch Shell—the five biggest investor-owned fossil fuel producers in the world—over the costs of climate change.

The two Californian cities join the counties of Marin, San Mateo and San Diego and the city of Imperial Beach that have taken similar legal action in recent months, the San Francisco Chronicle reports.

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Art Not Oil / Facebook

Artist Donates BP Prize Money to Greenpeace

A growing number of artists and concerned citizens are speaking out against the oil industry's sponsorship of the arts.

The Guardian reported this week that Henry Christian-Slane, the winner of BP's annual Young Artist Award at the National Portrait Gallery in London, donated a portion of his £7,000 prize money to Greenpeace in protest of the multinational oil and gas giant.

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The USGS Core Research Center collaborated with the USGS Energy Resources Program to drill a core from the Mancos Shale to aid in the oil and gas assessment. Joshua Hicks, USGS

Fracking New Mexico: BP Just Found 'Significant New Source of U.S. Natural Gas Supply'

By Andy Rowell

Amidst the continued dire warnings about climate change, censored scientists and stranded assets, the oil industry keeps on doing what it does best: keeps on belligerently looking for more oil and gas.

Earlier this week, BP announced it had discovered what it is labelling a "significant new source of U.S. natural gas supply" in New Mexico in the Mancos Shale, just across from the Colorado border.

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Climate

These 100 Companies Are to Blame for 71% of Greenhouse Gas Emissions Since 1988

New research claims that just 100 fossil fuel producers are to blame for 71 percent of industrial greenhouse gases since 1988, the year human-induced climate change was officially recognized through the establishment of the Intergovernmental Panel on Climate Change (IPCC).

Despite the landmark establishment, the oil, coal and gas industry has expanded significantly and has become even more carbon-intensive since 1988, according the 2017 Carbon Majors report from the environmental not-for-profit CDP.

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Who Lives in a Pineapple Under the Sea and is Latest Advocate for Amazon Reef?

By Mal Chadwick

BP is at it again.

The company that devastated the Gulf of Mexico with its Deepwater Horizon disaster wants to drill for oil near the pristine Amazon Reef. What could possibly go wrong?

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BP oil spill led to baby dolphin deaths and diseases along the Gulf Coast. Truth Wire

Rush Limbaugh Claims BP Oil Spill Didn't Harm Environment

BP's 2010 Deepwater Horizon explosion that claimed the lives of 11 men, killed numerous dolphins and other marine life, and released millions of barrels of oil and natural gas into the Gulf of Mexico was an environmental disaster. The catastrophe has left far-reaching impacts on the region's economy and ecosystems that continue to this day. This is fact.

But leave it to Rush Limbaugh to alternative fact the BP oil spill, claiming on his radio show this week that it "didn't do any damage" to the environment.

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