Former BP chief exec warns Shell about Arctic drilling
Former BP chief exec warns Shell about Arctic drilling
Kamala Kelkar: August 13, 2015
The former chief executive of BP, who headed the company during a spate of nasty disasters including the biggest ever pipeline spill in the North Slope, warned Shell that drilling in the Arctic could hurt its reputation.
Former BP CEO Lord Browne told BBC News that he’s never been a supporter of “right-on-the-margin development” and that Arctic drilling is expensive.
Browne was head of BP in 2006, when the company pipeline spilled more than 200,000 gallons of crude oil in Prudhoe Bayresulting in a fine of $25 million. He was also in charge when a Texas City refinery exploded in 2005 and killed 15 people, and during the propane-market-manipulation case that resulted in civil and criminal penalties and a $303 million settlement.
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