BP competes again in the US
- Conventional ,
- Pollution & Waste Management ,
- Management ,
- Corporate governance
BP can tender again for contracts in the US after coming to an agreement with authorities in relation to safety and governance obligataions
BP has reached an agreement with the US Environmental Protection Agency (EPA) to resolve all matters related to its debarment from government contracts following the Gulf of Mexico oil spill in April 2010.
The EPA described the oil giant as lacking in “integrity” in November 2012 and cited the criminal negligence of the firm as the reason for barring it from tendering for new government contracts. BP has now agreed to obligations relating to safety and operations, ethics and compliance, and corporate governance.
The explosion on the Deepwater Horizon rig killed 11 people and resulted in the release of 4.9 million barrels of oil into the sea. The company reports that settling claims and financing clean-up and restoration work has so far cost it more than $26 billion.
The Competition and Markets Authority (CMA) has published a new 'Green Claims Code' to ensure businesses are not misleading consumers about their environmental credentials.
Over two million hectares of Brazilian rainforest could be legally converted to supply the UK with soy under a new anti-deforestation law proposed by the government, the WWF has found.
In Elliott-Smith v Secretary of State for Business, Energy and Industrial Strategy, the claimant applied for judicial review of the legality of the defendants’ joint decision to create the UK Emissions Trading Scheme (UK ETS) as a substitute for UK participation in the EU Emissions Trading Scheme (EU ETS).
In R. (on the application of Hudson) v Windsor and Maidenhead RBC, the appellant appealed against a decision to uphold the local authority’s grant of planning permission for the construction of a holiday village at the Legoland Windsor Resort.