Bronco_Beerslug
11-05-2006, 08:25 AM
Apparently, it's 10 million each for BP who ran models for their refineries blowing up and killing people in past years (on CNBC) Friday.
---------------------------------------------------------
Explosion at BP's Texas refinery result of "cost-cutting:"
by Alice Benoit Tue Oct 31, 12:20 PM ET
HOUSTON (AFP) - Overzealous cost-cutting by British energy giant BP set the stage for a 2005 explosion that killed 15 workers and injured 180 others at a major Texas oil refinery, a US government agency said.
"What BP experienced was a perfect storm where ageing infrastructure, overzealous cost-cutting inadequate design and a risk-blindness all converged," US Chemical Safety Board chairman Carolyn Merritt said at a press conference.
Her remarks follow the release of a preliminary report Monday which found that BP was aware that its Texas operations were "unsafe" and "antiquated."
Merritt said Tuesday that BP had been working to resolve the problems, but that one BP official admitted to investigators that it was "too little, too late."
She also noted that BP auditors had found "serious safety problems that were common across 35 business units worldwide."
Merritt cautioned that the problems discovered at BP are common across the industry and recommended that standard safety practices be updated to prevent similar explosions.
"The experience of BP should serve as a cautionary tale to every oil and chemical company," she said. "No corporation should believe it is immune from what happened to BP."
The March 2005 blast was the worst industrial accident in the United States since 1990. The CSB is due to issue a final report on its findings in 2007.
CONT (http://tinyurl.com/t78r9)
-------------------------------------------------
Report: BP knew refinery was at risk
Sun Oct 29, 10:13 PM ET TEXAS CITY, Texas - Safety experts for BP PLC warned their bosses of the potential for a "major site incident" 2 1/2 years before an explosion at the company's Texas City refinery killed 15 people, according to a broadcast report.
CBS' "60 Minutes" also reported Sunday that the Texas City plant manager, Don Parus, told his bosses in the company's London headquarters that most workers at the refinery felt the plant was unsafe.
According to CBS, one worker wrote, "This place is set up for a catastrophic failure."
BP's top refinery executive, John Manzoni, has said under oath he didn't know of serious safety concerns until the explosion.
"They didn't do much," said Brent Coon, an attorney representing several victims suing BP. "Two months later the plant blew up."
Another 170 people were injured in the explosion about 40 miles southeast of Houston.
CONT (http://tinyurl.com/y4jazs)
---------------------------------------------------------
Explosion at BP's Texas refinery result of "cost-cutting:"
by Alice Benoit Tue Oct 31, 12:20 PM ET
HOUSTON (AFP) - Overzealous cost-cutting by British energy giant BP set the stage for a 2005 explosion that killed 15 workers and injured 180 others at a major Texas oil refinery, a US government agency said.
"What BP experienced was a perfect storm where ageing infrastructure, overzealous cost-cutting inadequate design and a risk-blindness all converged," US Chemical Safety Board chairman Carolyn Merritt said at a press conference.
Her remarks follow the release of a preliminary report Monday which found that BP was aware that its Texas operations were "unsafe" and "antiquated."
Merritt said Tuesday that BP had been working to resolve the problems, but that one BP official admitted to investigators that it was "too little, too late."
She also noted that BP auditors had found "serious safety problems that were common across 35 business units worldwide."
Merritt cautioned that the problems discovered at BP are common across the industry and recommended that standard safety practices be updated to prevent similar explosions.
"The experience of BP should serve as a cautionary tale to every oil and chemical company," she said. "No corporation should believe it is immune from what happened to BP."
The March 2005 blast was the worst industrial accident in the United States since 1990. The CSB is due to issue a final report on its findings in 2007.
CONT (http://tinyurl.com/t78r9)
-------------------------------------------------
Report: BP knew refinery was at risk
Sun Oct 29, 10:13 PM ET TEXAS CITY, Texas - Safety experts for BP PLC warned their bosses of the potential for a "major site incident" 2 1/2 years before an explosion at the company's Texas City refinery killed 15 people, according to a broadcast report.
CBS' "60 Minutes" also reported Sunday that the Texas City plant manager, Don Parus, told his bosses in the company's London headquarters that most workers at the refinery felt the plant was unsafe.
According to CBS, one worker wrote, "This place is set up for a catastrophic failure."
BP's top refinery executive, John Manzoni, has said under oath he didn't know of serious safety concerns until the explosion.
"They didn't do much," said Brent Coon, an attorney representing several victims suing BP. "Two months later the plant blew up."
Another 170 people were injured in the explosion about 40 miles southeast of Houston.
CONT (http://tinyurl.com/y4jazs)