A lingering mystery of the Gulf oil spill is where the oil actually went. It seems now that the microbes in the water made a meal of it, but that doesn't mean we can rely on them for the next spill.
The auto giant has devised a way to turn oil-soaked plastic boom material into plastic resin that that can be used for under-the-hood parts in the extended range electric Volt.
BP's Deepwater Horizon oil disaster is over, right? Wrong. An exhaustive investigation shows the damaging effects of those pesky oil dispersant chemicals are just starting to kick in.
Shareholders are concerned for the overall safety of the sector, which is why 58 investors representing $2.5 trillion in assets banded together recently to demand improved disclosure of oil disaster response plans.
There was a time not so long ago when BP tried to brand itself as being "Beyond Petroleum." That tagline is, of course, laughable now that BP has turned the Gulf into a giant petroleum bathtub. But the tainted company is still trying to save itself with alternative investments. Case in point: BP's $98 million play this week to purchase biofuel startup Verenium's cellulosic ethanol business.