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Business and Industry
Plan to end discards protects fishermen for the long haulGuardian Unlimited | 01 Mar 2011
Throwing away thousands of tonnes of fish is unacceptable. At last the problem is getting a serious airing in Brussels. Half of the fish caught in the North Sea today are thrown away, dead, because of an EU fisheries policy that is no longer fit for purpose. We can all agree that the system is broken - throwing away thousands of tonnes of edible fish is unacceptable. But on Tuesday we heard a bold proposal from the European commission that would aim to eliminate discards.
Letters: A way to avoid companies' limited liability for corporation taxGuardian Unlimited | 23 Feb 2011
There is a simple way of addressing tax avoidance by companies (Editorial, 19 February). Profits in the hands of an accountant are an elastic concept. Revenue and Customs battles to stop companies deflating profits in this country and inflating them offshore - Barclays' use of tax havens is but a...
Vedanta plots London float for Zambian copper offshootGuardian Unlimited | 16 Oct 2010
Vedanta Resources, the mining empire headed by Indian billionaire Anil Agarwal, has drawn up secret plans to float its £4bn Zambian copper subsidiary on the London stock exchange. The group's Zambian offshoot, KDC, could seek to raise £500m in a London listing that may bring on board blue-chip...
Executives trade blame as oil gushes in U.S. GulfReuters | 11 May 2010
Executives from BP Plc and other companies involved in a deadly Gulf of Mexico offshore oil well blowout blamed each other in Washington on Tuesday as troops and prison inmates rushed to shore up Louisiana's coast against a huge oil slick.
BP ships second containment dome to Gulf spill siteReuters | 11 May 2010
BP Plc said on Tuesday it has finished building a smaller dome designed to trap oil spewing from the floor of the Gulf of Mexico and plans to try placing it over the relentless leak on Thursday.
BP tries a new Gulf spill fix, as slick spreadsReuters | 10 May 2010
BP Plc said on Monday it will again attempt to contain oil gushing deep in the Gulf of Mexico, this time with a far smaller funnel than it tried before, as a massive slick threatened Louisiana shores.
Could golf balls and tyres now stop the oil?Guardian Unlimited | 10 May 2010
BP engineers may try to bung up the Deepwater Horizon leak by pumping debris such as bits of tyres and golf balls into the well. It's a long shot known as a 'junk shot', but it might just work.
Gulf spill will change deep water operations across oil industry, says BPGuardian Unlimited | 10 May 2010
The oil industry will have to overhaul how it operates in deep water as a result of the Gulf of Mexico disaster, BP's chief executive, Tony Hayward, said last night, as the company disclosed that the cost of the spill had now reached $350m (£236m).He said there would be "significant implications" in terms of new regulations and safety, while companies drilling offshore may be required in future to have spill-response equipment on standby.
BP continues hunt to stop Gulf of Mexico oil spillGuardian Unlimited | 10 May 2010
Nearly three weeks after an oil rig explosion turned the Gulf of Mexico into an environmental disaster zone, BP today still casting about for a clear plan to shut off the gusher of crude that has cost the company $350m (£235m).
Spill could devastate U.S. Gulf Coast oyster reefsReuters | 08 May 2010
The lowly oyster, a tasty delicacy to seafood lovers but a curiosity to more squeamish diners, is also the backbone of marine life along the U.S. Gulf Coast and among the most vulnerable creatures now threatened by a giant oil spill.
Oil catcher dome hits snag near leak site: BP execReuters | 08 May 2010
London-based BP Plc's plan to lower a giant containment dome to trap oil from a blown-out Gulf of Mexico oil well on the sea floor hit a technical obstacle on Saturday in the form of methane hydrates, or flammable ice, a BP executive said on Saturday.
Massive dome lowered at site of huge oil spillReuters | 07 May 2010
BP Plc engineers using undersea robots maneuvered a massive metal chamber to fit over a gushing ruptured oil well in the Gulf of Mexico on Friday in their best chance yet to contain a leak that threatens an environmental catastrophe on U.S. shores.
Robots fail to close valves at leaking BP oil wellReuters | 07 May 2010
BP has given up on efforts by underwater robots to close valves on a failed blowout preventer at the site of a massive oil leak in the U.S. Gulf of Mexico, an executive said on Friday.
BP's U.S. Gulf project exempted from enviro analysisReuters | 06 May 2010
U.S. regulators exempted BP Plc from a detailed environmental review of the exploration project that ultimately resulted in the deadly Gulf of Mexico explosion and subsequent oil spill, documents show.