The itsy-bitsy problem that doomed BP's well
In a war zone, you have your vanguard. Then you have your tanks, your main body of troops, and your artillery. If all that fails, and you are being overrun, there is your rear guard. If they fail, and...
View ArticleFor the lack of a few billion dollars, a BP renaissance falls apart
Why at this point does it look like Bob Dudley's 11th-hour effort to resurrect BP's global image has failed? Because he and his Russian oligarch partners could not bridge more or less a $10 billion...
View ArticleWhen wrong-footing four oligarchs can cost $10 billion
BP, faced with Shakespearean-scale woes from Louisiana to Moscow, went to extra-legal lengths to avoid exploring Russia's oil-rich Arctic alongside its four oligarch partners. Now that it's been told...
View ArticleIs BP's latest fiasco evidence of Russian law or Russian chess?
Are we to believe President Dmitry Medvedev, who says that the collapse of BP's blockbuster oil deal in Russia is all a simple matter of the rule of law -- that CEO Bob Dudley was violating a...
View ArticleIn Russia, another crisis point between BP and its oligarch partners
A rocky nine-year oil partnership between BP and four Russian oligarchs seems to have reached a tenuous new stage, with a source on the Russian side saying the highly lucrative-but-troubled venture has...
View ArticleThe Weekly Wrap -- July 20, 2012 (Part I)
Oligarchs in the Kremlin: For the last dozen years, we have seen ample evidence of Vladimir Putin's policy on Russia's oil and gas industry -- a paramount strategic asset, it is to be jealously held,...
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