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BP makes record profit as its safety record comes under spotlight again

2013-04-30 11:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: BP made a record pre-tax profit in the first quarter of double its $9bn for the same period in 2012, the company announced on Tuesday, as a Norwegian regulator rebuked the company for a 2012 oil spill in the North Sea. The company's pre-tax profit was nearly $20bn in the first quarter of 2013 on a turnover of $107bn. BP was censured on Monday by Norway's Petroleum Safety Authority after a leak at a major North Sea platform. The watchdog accused BP of poor maintenance and "serious breaches of...

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