Word: crude
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...question has come into stark relief following a series of environmental and safety lapses - and, as of this week, Federal charges of price-fixing - which have muddied up the company's carefully cultivated image. In March, BP?s Exploration Alaska subsidiary spilled more than 200,000 gallons of crude oil near Prudhoe Bay, the largest North Slope spill ever. A Federal grand jury is investigating the spill, caused by a rupture in a corroded pipeline, and may bring criminal charges. BP has denied that it acted negligently regarding the spill...
...tried to corner the market for propane ?with the knowledge, advice and consent of senior management.? This wasn?t the first time BP has been accused of price fixing. In 2003, the company paid a $2.5 million penalty to the New York Mercantile Exchange to settle charges of improper crude-oil trading (the firm didn?t admit or deny wrongdoing). BP has since fired some employees involved in the alleged propane scheme, though it maintains that ?market manipulation did not occur,? and has vowed to fight the charges in court. Prevailing in the case could prove tough, however, since...
...trip that "China is not seeking selfish interests" in Africa. But with the country's insatiable thirst for energy, Africa has swiftly become one of its key business partners: trade between China and Africa jumped 37% to $40 billion in 2005, and Angola was China's top provider of crude oil in the early months of this year. Here are just some of the deals Wen, Hu and Li took home...
...years ago, Palestinian militants in Gaza began launching crude, homemade Qassam rockets or mortars across the border, initially causing little damage or the Ragolskys much concern - until July 14 of last year. Amir was at home that afternoon when Dana returned from classes. As she stepped inside, a mortar pierced the roof near the front of the house, sending shrapnel and chunks of wall flying. Amir was knocked over but remained conscious. Yossi, a cousin living next door, raced over with his 5-year-old daughter. Pnina, a trained psychological counselor, was driving back from Tel Aviv, where...
...following year, Custer used a churlish ad from his sheaf of YAF samples to help create a crude flyer for a Bay Buchanan speech, also partly funded by YAF. "Feminazis Beware," the ad blared. "Your Nuremburg is coming." The campus erupted as only campuses can. Protests were held; tears were shed; one kid left the board of the Ithaca College Republicans in protest...