GTFO of our planet, BP.
With last year’s Gulf oil disaster behind them, BP is now confident enough to (re)start drilling in sensitive wildlife habitats. Tony Hayward, former CEO of the oil company, has secured a drilling deal with Russia giving BP the chance to have a glorious encore in the South Kara Sea, home to the (already in danger) Great Arctic State Nature Reserve.
Vladimir Putin used a Russian proverb to explain why he’s granting BP Plc access to 125,000 square kilometers (48,000 square miles) of Arctic water: the man who’s been beaten is worth two who haven’t.
The Russian prime minister is betting that BP has learned from the trauma of last year’s Gulf of Mexico oil spill and won’t repeat the same mistake. The Jan. 14 meeting with Chief Executive Officer Bob Dudley in a ceremonial room at Putin’s country retreat sealed an agreement to swap BP shares for a holding in OAO Rosneft, Russia’s largest oil producer.
Not looking forward to reading about polar bears covered in crude…
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