BP: GK, Current Affairs, Questions, Trivia and News

Houston disaster contaminates the ship channel

The oil by products, toxic gasoiline of the Houston petrochemical accident have been washed into the sea.This has affected the ship channels in the bay. The fire that burnt for 3 days in the Houston petrochemical accident has already caused enough damages to the surrounding. At the 6th day of the incident it is emitting ..

RIL warns of KG-D6 shutdown, govt shows CAG’s red card

The tussle b/w Reliance Industries and the petroleum ministry over the future of India’s significant gas acreage reached to a full blown confrontation. Reliance and its partner BP have indicated the shutdown of the country’s biggest gas discovery- KG-D6 in 2015 if the government did not approve its long-pending investment proposals and revised capital expenditure ..

Deepwater Horizon: BP agrees to pay $7.8-billion settlement

British Petroleum agreed to pay $7.8 billion in to resolve private plaintiffs affected by the spill from one of its wells in the Gulf of Mexico Oil Spill disaster in April 2010. The proposed settlement presents a substantial advancement towards settling issues from the Deepwater Horizon accident and adding further to economic and environmental restoration ..