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Top Posts & Pages
- Here's How to Value a Restaurant or Bar Business
- Valuing a Business Using Rule-of-Thumb Guidelines
- Considering Buying a Small Business? Here's How to Safely Write an Offer to Buy a Business.
- Here's How to Value a Retail Business
- What is a Franchise REALLY Worth? How to Value any Franchise.
- Best and Worst Franchises Listed by SBA Loan Defaults
- Looking at a Business for Sale That You Might Want to Buy? Here's How to Analyze It.
- What is a Business Owner's Discretionery Cash Flow or Seller's Discretionary Earnings?
- Seven Negotiating Rules When Buying or Selling a Business
- How to Conduct Due Diligence When Buying a Business
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Category Archives: Gulf Coast BP Oil Spill
Transocean, BP’s oil spill partner, was founded in Birmingham, Alabama. Transocean Ltd., is one of the world’s largest offshore drilling contractors. The company rents floating mobile drill rigs, along with the equipment and personnel for operations, to oil and gas companies. Transocean’s rental rates for the deep water rigs are as high as $650,000 a day! Continue reading
The Wall Street Journal has made an interesting discovery in an April 1st securities filing from Transocean Ltd. As reported by the Journal, Transocean has paid cash bonuses to executives for their safety performance during 2010. This comes after British Petroleum and Transocean jointly incinerated 11 workers during 2010 in the Gulf oil spill disaster. Continue reading
If anything good comes out of last year’s BP oil spill, it may be that the disaster accelerates the development of alternatives to oil. Continue reading
A congressional committee reports this morning that BP spent $93.4 million on advertising from April to the end of July 2010. Very interesting. It seems that maybe the only folks benefiting from the oil spill are the newspapers.
British Petroleum is a worldwide energy corporation. It is actually the fourth largest company in the world. The corporation is headquartered in London. In America, the company’s main office is in Houston. The company is listed on the London Stock Exchange. Since the beginning of the Gulf oil spill, BP stock has lost over 40% of its value.