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Politics : Foreign Affairs Discussion Group

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To: Ish who wrote (111757)8/16/2003 7:47:00 PM
From: Maurice Winn  Read Replies (1) of 281500
 
Ish, BP is not exactly a British company, though it's headquartered there. It is also an American company, having bought Sohio and owning lots of Alaskan oil and other oil interests in the USA. Shell is not simply a Dutch company. It's international, with major USA assets. Shell is British too. Britain and the USA were in it together in Iraq. Of course John Browne [BP boss] wanted a piece of the action.

You can see how much of BP is in the USA here: bp.com

As you can see, you were wrong:

<Following a series of mergers and acquisitions with Amoco, ARCO, Burmah Castrol and Vastar, by 2001 BP had become the largest oil and gas producer and one of the largest gasoline retailers in the United States. At the end of 2001, we had nearly $40 billion of fixed assets in the U.S., with operations in almost every state and 42,000 U.S.-based employees.

In May 2002 BP was, overall, the sixth largest company by market capitalization on the New York Stock Exchange. U.S. investors own some 35 percent of the company’s shares.

BP’s major operations consist of oil and gas exploration and production, oil refining and products marketing, petrochemicals, natural gas trading and solar energy. As America’s largest producer of oil and natural gas, BP is working to meet the country’s growing energy needs with major exploration and production operations in the Gulf of Mexico and Alaska. ...
> and, good news for BP, they now have Iraq's oil in the pipeline.

France, Germany and Russia miss out. Good riddance. They shouldn't even get their debts due from Saddam's gang repaid. No wonder they didn't want the war. Iraqis owe them nothing but contempt for supporting Saddam the sadist.

Mqurice
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