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U.S. cites cost cuts' role in BP refinery blast: Safety Board lays blame with top-level decisions, raising firm's legal risks

Article Abstract:

The Chemical Safety and Hazard Investigation Board, which as been investigating the cause of a fatal explosion at BP PLC's Texas refinery, puts the blame on cost-cutting efforts by the company. Fifteen people were killed and 180 injured in the accident. BP is facing a criminal investigation and civil claims as a result of the explosion.

Author: Cummins, Chip
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
Causes of, Explosions

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BP cost cuts cited in blast at Texas plant

Article Abstract:

Cost-saving measures at BP PLC's refinery in Texas may have played a role in the explosion that killed 15 workers and injured 180 in 2005. Company executives ignored a number of warnings about deficiencies in the refinery's safety practices as a result of reductions in maintenance spending .

Author: Cummins, Chip
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
General services, Safety and security measures, Petroleum refineries

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Subjects list: United Kingdom, Company legal issue, Finance, Workplace accidents, Investigations, Petroleum industry, Accidents, Texas, BP PLC, Company financing
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