• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Oil and Gas Market
    Oil and Gas News
    Oil and Gas Stocks
    • Oil and Gas Market
    • Oil and Gas News
    • Oil and Gas Stocks
    market news

    BP Still Showing Environmental Problems, Suspended From U.S Contracts

    Investing News Network
    Nov. 29, 2012 09:20AM PST
    Oil and Gas Investing

    The U.S. Environmental Protection Agency announced on Nov. 28 that it has temporarily suspended BP from bidding on any new U.S. government contracts, citing the energy group’s “lack of business integrity” in regards to the Deepwater Horizon explosion.

    The U.S. Environmental Protection Agency announced on Nov. 28 that it has temporarily suspended BP from bidding on any new U.S. government contracts, citing the energy group’s “lack of business integrity” in regards to the Deepwater Horizon explosion.

    Highlights from market news:

    – Suspension will remain until company can provide sufficient evidence to the EPA that it meets federal business standards

    – BP plead guilty to copious allegations including misconduct, obstruction of Congress and violation of the Clean Water Act among other things

    – Company remains rated “D” on its environmental, social and governance risk overall

    Click here to read full Business Insider article.

     

    market news
    The Conversation (0)

    Go Deeper

    AI Powered
    What Was the BP Stock Price Before the Deepwater Horizon Spill?

    What Was the BP Stock Price Before the Deepwater Horizon Spill?

    Evening view of a factor with C02 emissions from chimneys at sunset.

    Chevron, ExxonMobil and BP Flagged as Major Global CO2 Emitters

    Latest News

    Angkor Resources: Unlocking Cambodia’s Resource Potential through Energy and Minerals Assets

    Alvopetro Announces Q3 2025 Dividend of US$0.10 Per Share

    Insider Loan to Corporation

    Angkor Resources Receives Approval to Incorporate Mussel Basin into Block VIII Oil and Gas License, Cambodia

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×