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Obama Suspends New BP Contracts

Wednesday, November 28, 2012 18:12
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(Before It's News)

Obama Suspends New BP Contracts
Posted By: Jordon [Send E-Mail]
Date: Wednesday, 28-Nov-2012 10:53:50
.

The Obama
administration put a temporary stop to new federal contracts with British oil
company BP on Wednesday, citing the company’s “lack of business
integrity” and criminal proceedings stemming from the Deepwater Horizon
disaster in 2010.

The action by the
Environmental Protection Administration won’t affect current contracts, but
prevents BP and its affiliates from new government contracts and grants
“until the company can provide sufficient evidence to EPA demonstrating
that it meets federal business standards,” the agency said.

In London, BP said it
had no immediate comment but expected to make a statement later Wednesday.

It was not immediately
clear what new or pending contracts the suspension might affect. In the past,
BP has been a major supplier of energy to the U.S. military, and has also
provided fuel products and drilling services for other U.S. agencies such as
the Bureau of Ocean Energy Management.

The suspension will not
affect any existing agreements between BP and the federal government.

2 BP supervisors,
ex-executive in court on spill charges

The news comes as two
BP rig supervisors and a former BP executive were scheduled to be arraigned
Wednesday on criminal charges stemming from the explosion and the company’s
response to the oil spill.

BP well site leaders
Robert Kaluza and Donald Vidrine were indicted this month on manslaughter
charges in the death of the 11 rig workers. The federal indictment accuses them
of disregarding abnormal high-pressure readings that should have been glaring
indications of trouble just before the blowout of BP’s Macondo well.

Former BP executive
David Rainey was charged separately with concealing information from Congress
about the amount of oil that was leaking from the well.

Their defence
attorneys have vowed to fight the charges.

BP to plead guilty,
pay $4.5B

On Tuesday, a BP
lawyer entered a not-guilty plea for the company as it was arraigned on related
criminal charges. The plea in Federal Court was a procedural move paving the
way for the company to plead guilty at a later date.

More here: http://www.cbc.ca/news/business/story/2012/11/28/wrd-bp-oil-spill-charges-court.html


NESARA- Restore America – Galactic News



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