Bayer will also assign $1.25 billion for future claims, an action that needs approval from the US District Court, Northern District of California. By delegating all of its inspection activities to recognized organizations, without itself conducting on board oversight surveys, the RMI effectively abdicated its vessel inspection responsibilities. BP's behavior and actions likely represent gross negligence or willful misconduct. She is a professionally trained improvisational and comedic actress who studied and performed at The Groundlings and ImprovOlympic. hatta iclerinde ulan ne komik yazmisim dediklerim bile vardi. An active member of the Russian Jewish Congress,[34][52] Khan regularly contributes to the European Jewish Fund, a non-profit organization aimed at developing European Jewry and promoting tolerance and reconciliation. Its 5-nanometer process technology makes it a leader as other firms cant keep up. banned imports of U.S. long-grain rice and the futures price plunged. Interestingly, Seagate has not slashed that dividend for more than a decade either. [164], Bayer Diabetes Care managed Bayer's medical devices portfolio. In short, the company turns invested capital into much greater amounts of capital. Thus, TSM remains a safe bet. [38], On 3 March 2015, L1 Energy purchased 100% of DEA,[39] an international exploration and production company[35] owned by the German utility RWE, for US$7 billion[36] (5.1 billion). [34], In May 2011, MOEX Offshore, a subsidiary of Mitsui and owner of a 10% non-operating ownership interest in the Macondo Prospect, settled claims with BP for $1.07billion. [116], In September 2015, Bayer spun out its $12.3 billion materials science division into a separate, publicly traded company called Covestro in which it retained about a 70% interest. Chegg (NYSE:CHGG) and its stock have had a whirlwind 6-month period. Why Is Lucid Motors (LCID) Stock Down Today? [178] Following the verdict, Bayer's share price dropped by around 14% or $14 Billion in market capitalization. Of the 36 analysts with coverage, 30 have given it a buy rating. BP, as the designated operator under BOEMRE regulations, was ultimately responsible for conducting operations at Macondo in a way that Owned by oil magnate Clinton Manges, the team played its home games in Alamo Stadium and its colors were kelly green, royal blue, silver, and white. We would kindly request that you send us another group of women to the same number and at the same price. In short, analysts expect it to appreciate 43.54% over the next year to year-and-a-half. Bayer was responsible for the commercial tasks. US Oil and Gas Director and Account Executive @ Hp; see less Education. [180] Pending appeal, the award was later reduced to $78.5 million. [10] The deal resulted in the formation of the oil company TNK-BP,[4] with half of the joint venture owned by BP, and the other 50 percent owned by the Alfa Group together with billionaire partners Viktor Vekselberg, and Leonard Blavatnik. [citation needed], A further expansion in Elberfeld was impossible, so the company moved to the village Wiesdorf at Rhein and settled in the area of the alizarin producer Leverkus and Sons. Choisissez votre sige sur tous les vols yazarken bile ulan ne klise laf ettim falan demistim. [23], In 1903, Bayer licensed the patent for the hypnotic drug diethylbarbituric acid from its inventors Emil Fischer and Joseph von Mering. German multinational pharmaceutical and biotechnology company, This article is about the company. Flugpreise in externer Werbung One-way-Preise pro Person basierend auf 1 oder 2 Passagieren (wie angegeben), die mit der gleichen Buchung reisen, inklusive Bearbeitungsgebhr und Flughafensteuer, zuzglich variabler Kosten fr "[33] The fine came after BP and Anadarko had unsuccessfully appealed to the Supreme Court of the United States to reject Judge Carl Barbier's finding of negligence in the Deepwater Horizon accident. [2] According to one report, "Kerr-McGee, rather than pay for the environmental mess it created, decided to shift the liabilities between 2002 and 2006 into Tronox. WebBiological pest control is a method of controlling pests such as insects and mites by using other organisms. These companies were: Bayer CropScience AG; Bayer HealthCare AG; Bayer MaterialScience AG and Bayer Chemicals AG, and the three service limited companies Bayer Technology Services GmbH, Bayer Business Services GmbH and Bayer Industry Services GmbH & Co. OHG. Fuchsine and aniline became the company's most important products. Hackett Group posted Q2 revenue of $75.9 million. [143] On 1 July 2011, Bayer CropScience agreed to a global settlement for up to $750 million. Bayer said it did this because some countries were doubtful about the efficacy of the new product. WebRMS Lusitania (named after the Roman province in Western Europe corresponding to modern Portugal) was a British ocean liner that was launched by the Cunard Line in 1906 and that held the Blue Riband appellation for the fastest Atlantic crossing in 1908. [140] In May 2014, it was announced that Bayer would buy Merck & Co's consumer health care unit for $14.2 billion. But it remains a positive nonetheless. [3][25][26] While managing TNK-BP, Khan remained involved with the Alfa Group at large. In 1914, Bayer manufactured dianisidine chlorosulfate for use in 105mm artillery shell, intended as a lung irritant against British forces. [6], In July 2012, TNK-BP was sold to the state-owned Rosneft[11] for $56 billion,[12] a process which was still underway by early 2013. "[16][17], On 8 November, the inquiry by the Oil Spill Commission revealed its findings that BP had not sacrificed safety in attempts to make money, but that some decisions had increased risks on the rig. [144] In September 2014, the firm announced plans to invest $1 billion in the United States between 2013 and 2016. The company also participated in the hard minerals business through its ownership of non-operated joint ventures and royalty arrangements. Fast forward six months, and looks to be the case. In 2015, the company made an offer to acquire Apache Corporation, but the offer was rejected. [35] On 2 March 2015 Lord Browne was appointed chairman of L1 Energy. [19], German Borisovich Khan was born on 24 October 1961 in Kyiv, Ukraine. WebPassword requirements: 6 to 30 characters long; ASCII characters only (characters found on a standard US keyboard); must contain at least 4 different symbols; York, where he tends his garden and communes with his chickens. China responds to COVID-19 surge with expanded hospitals, ICUs, Post-pandemic, consumers want things to return to normal. Adobe, as could be expected, stated the two are not competitors. "[13] An unused Oil Spill Commission slide[14] obtained by Greenwire, outlines 11 decisions that BP and its contractors ( Halliburton Co., Transocean Ltd. and MI Swaco) made before the disaster that may have increased risk on the rig. Only through such a demonstrated transformation will industryin the aftermath of the Deepwater Horizon disastertruly earn the privilege of access to the nation's energy resources located on federal properties. [31] Attention has focused on the cementing procedure and the blowout preventer, which failed to fully engage. So, ADBE stock has every chance to move upward if and when the Figma deal happens. [1] He and his wife Angelika[4] have four children together, Jakob, Eleanora, Eva and Lev. EV Makers Are Feeling Growing Pains. On 1 June, U.S. Attorney General Eric Holder announced that he opened an investigation of the oil spill. [58][59] In October 2017 Khan, Fridman, and Aven also filed a libel suit against the private-investigation firm Fusion GPS and its founder Glenn Simpson, who had commissioned former MI6 agent Christopher Steele to compile the dossier, for circulating the dossier among journalists and allowing it to be published. [70][71], It may require cleanup to comply with Wikipedia's content policies, particularly, Founding LetterOne and L1 Energy (20132015), North Sea assets, L1 divisions (20152016), Learn how and when to remove this template message, Superior Court of the District of Columbia, Countering America's Adversaries Through Sanctions Act, Russian interference in the 2016 United States elections, "DEA's Supervisory Board: German Khan Profile", "One of the original founders of Letterone, Mr Khan is a member of the Board of Directors of the L1 Holdings and L1 Investment Holdings", "Profile: Mikhail Fridman from rugs to riches", "BP, Russian billionaires, and the Kremlin: a Power Triangle that never was", "BP to buy back $8 billion of shares, returning its 2003 investment in TNK-BP to shareholders", "One of the original founders of LetterOne, Mr Fridman is Chairman of the Board of Directors of L1 Holdings and L1 Investment Holdings", "Rosneft and BP Complete TNK-BP Sale and Purchase Transaction", "Insight: UK court reveals fear and mistrust at TNK-BP", "Fridman Offers $4 Billion to Merge Brazil Carriers Oi, Tim", "Ex-BP boss aims to build major energy industry player from scratch | Politics", "Alfa Billionaires Launch L1 Energy Fund", "Russians Join Israel to Start Jewish Prize of $1 Million", https://neftegazru.com/persons/441650-Khan-German/, "German Khan Executive Director of TNK-BP", "Meet the Russian Billionaires That Took on BP and Won", "Shareholder dispute could drive Kyivstar into technical default", "TNK-BP Russian Partner Relishes Conflict", "BP, Rosneft Announce Historic Share-Swap Deal, Joint Arctic Exploration Alliance", "2 Hard-Charging Oligarchs Returning to Global Energy Market", "Russian philanthropists bound for London", "Not All Russian Billionaires Are Putin Cronies", "Ex-BP boss aims to build major energy industry player from scratch", "Ex-British trade minister Davies joins Russia's LetterOne", "Former Swedish premier Bildt appointed LetterOne board adviser", "LetterOne completes purchase of RWE Dea for 5.1 billion", "Uber picks up $200m from Russian billionaire Mikhail Fridman", "Russian Billionaire Mikhail Fridman Looks to Sell U.K. Gas Fields", "Fridman looks to avert political row by selling North Sea fields", "Billionaire Jim Ratcliffe snaps up North Sea oil fields", "Ineos targets further North Sea assets in wake of $750m deal", "Russia's Fridman spends $1.6bn on Norwegian oil and gas fields", "Petro Poroshenko announces initiative to create Holocaust Memorial Center", "Alfa-Bank's Clients Donated Million Rubles to the Life-Line Fund", "At the Center of Jewish life in Russia since 1996", "Itzhak Perlman, "Fiddler to the World," Awarded 2016 Genesis Prize", "Russian Bankers Sue BuzzFeed Over Publication of Unverified Trump Dossier", "Russian bank owners sue BuzzFeed over Trump dossier publication", "Mikhail Fridman, Petr Aven, and German Khan v. Buzzfeed, Inc. - Summons and Complaint", "Here's Why Russian Intelligence Bombshell on Donald Trump Might Be Believable", "Controversial Dossier on Trump Alleges That Russia Targets Jewish-American Businessmen", "3 Russians named in Trump dossier sue Fusion GPS for libel", "3 Russian oligarchs sue Christopher Steele", "Mikhail Fridman, Petr Aven, and German Khan v. Orbis Business Intelligence Limited and Christopher Steele", "Russia's Alfa Bank fails in lawsuit over Steele's Trump dossier", "Report to Congress Pursuant to Section 241 of the Countering America's Adversaries Through Sanctions Act of 2017 Regarding Senior Foreign Political Figures and Oligarchs in the Russian Federation and Russian Parastatal Entities", "Mikhail Fridman & German Khan Buying German Oil Company for $7 Billion", "Mueller Charges Son-in-Law of Russian Oligarch for Allegedly Lying About Communications With Gates", "In Mueller probe, son-in-law of Russian businessman pleads guilty to false statements", "Lawyer connected to Russia election interference investigation receives 30-day sentence", "Ex-Skadden Lawyer Is Sentenced to 30 Days in Russia Inquiry", Economic history of the Russian Federation, The Oligarchs: Wealth and Power in the New Russia, https://en.wikipedia.org/w/index.php?title=German_Khan&oldid=1123186000, National University of Science and Technology MISiS alumni, Russian businesspeople in the oil industry, Russian people of Ukrainian-Jewish descent, Russian businesspeople in the United Kingdom, Ukrainian businesspeople in the United Kingdom, Russian individuals subject to the European Union sanctions, Articles with dead external links from January 2022, Short description is different from Wikidata, Articles needing cleanup from August 2022, Articles with bare URLs for citations from August 2022, All articles with bare URLs for citations, Articles covered by WikiProject Wikify from August 2022, All articles covered by WikiProject Wikify, Wikipedia articles with possible conflicts of interest from December 2016, Articles containing Russian-language text, Articles with unsourced statements from August 2022, Articles with unsourced statements from June 2021, Creative Commons Attribution-ShareAlike License 3.0, Entrepreneur, business executive, philanthropist, This page was last edited on 22 November 2022, at 11:23. But in 2003, documents emerged showing that Cutter had continued to sell unheated blood products in markets outside the US until 1985, including in Malaysia, Singapore, Indonesia, Japan and Argentina, to offload a product they were unable to sell in Europe and the US; they also continued manufacturing the unheated product for several months. The explosion may have severed the communication line between the rig and the sub-surface blowout preventer control unit such that the blowout preventer would have never received the instruction to engage. Get Jim Kolodgie's email address (w*****@gmail.com) and phone number (832-656-.) at RocketReach. Jim lives on a homestead in Washington County, New. That has resulted in the company revising guidance downward. The panel also noted that the government regulators did not have sufficient knowledge or authority to notice these cost-cutting decisions. The case was appealed to the Arkansas Supreme Court, which affirmed the judgement. That gives us concern that there was not proper consideration of the tradeoffs between cost and schedule and risk and safety. Hover to zoom. However, the company has provided earnings beats in each of the past four quarters. The company is a component of the Euro Stoxx 50 stock market index.[4]. [158], In addition to internal R&D, Bayer has participated in publicprivate partnerships. [25] Still another was for not plugging the pipe with cement. [107] In 2014, Bayer agreed to buy Merck's consumer health business for $14.2 billion which would provide Bayer control with brands such as Claritin, Coppertone and Dr. Scholl's. "[23][24] BP released a statement in response to this, saying, "Even prior to the conclusion of the commissions investigation, BP instituted significant changes designed to further strengthen safety and risk management. Fortunately, its cheap right now. The conclusion was that BP was partly to blame, as was Transocean, which owned the Deepwater Horizon oil rig. [54] In 2019, identified "key growth" products were Xarelto (rivaroxaban), Eylea (aflibercept), Stivarga (regorafenib), Xofigo (radium-223), and Adempas (riociguat). Desi Lydic joined "The Daily Show" as a correspondent in September 2015 when Trevor Noah started his tenure as host. That said, there are still cheap tech stocks worth buying. [186] On 25 November 2020, however, U.S. District Judge Fernando M. Olguin rejected Bayer's settlement offer, which was now at $650 million, and allowed Monsanto-related lawsuits involving PCB to proceed.[203]. 5 December 2011. [193], The jury found that the plaintiffs failed to prove that Bayer misrepresented its One A Day claims, and also did not demonstrate that any of the class representative consumers who purchased One A Day relied on the so-called false information as part of their buying decision. This investigation also revealed that the oversight and regulation of Deepwater Horizon by its flag state, the Republic of the Marshall Islands (RMI), was ineffective in preventing this casualty. Aristotle(a), Generation of Animals in Complete Works of Aristotle (Volume 1), J. Barnes (ed. Key products included the blood glucose monitors Contour Next EZ (XT), Contour, Contour USB and Breeze 2 used in the management of diabetes. [51], Along with the purchase of Cutter, Bayer acquired Cutter's Factor VIII business. 15 -- America's Natural Gas Alliance has selected Jim Hackett, chairman and chief executive officer of Anadarko Petroleum Corp., as the organizations new chairman. Bayer was founded in 1863 in Barmen as a partnership between dye salesman Friedrich Bayer and dyer Friedrich Weskott. In early May, the outlook for the online-learning platform operator was bleak. The company outlined an ambition to acquire and then develop a portfolio of two or three regionally focused platforms around the world. Chief Executive Mark Fields is reportedly leaving the company and will be replaced by Jim Hackett, the head of its Ford Smart Mobility LLC subsidiary. [149][150][151], Bayer CropScience Limited is the Indian subsidiary of Bayer AG. [7][8] The report consists of two volumes. The Federal Reserve just raised interest rates 75 basis points, its fourth such consecutive increase, and Jerome Powell signaled more trouble ahead. Both pills use a newer type of progestin hormone called drospirenone in combination with estrogen. Kerr-McGee, meanwhile, kept its oil and gas assets with Anadarko acquiring the remainder of Kerr-McGee. It was the largest environmental contamination settlement in American history.[39]. Other key products include the cancer drug Nexavar, the multiple sclerosis drug betaferon/betaseron and the blood-clotting drug, Kogenate. The underwater control panel had been disconnected from the pipe ram, and instead connected to a test ram. Something went wrong while loading Watchlist. When I was a sophomore at UT Austin Mr. Hackett was my professor in moral leadership in economics. It expects the move to cost as much as $70 million resulting in $110 million in overall savings. [48] 1) The day before the accident, cement had been poured to fill the gap between the borehole (the actual hole in the ground) and the casing (the outermost pipe), and this cement failed and oil moved into that space from the reservoir. "German Firm to Reclaim Bayer Aspirin Name: Drugs: It will acquire Sterling Winthrop's over-the-counter business and recover the rights it lost after WWI", "Sale of Roche Consumer Health to Bayer completed", Bayer HealthCare to acquire OTC Business of Sagmel, Inc, "Bayer Buys Over-the-Counter Health Unit From Sagmel", "Bayer CropScience Pesticide Waste Tank Explosion", "Bayer Pesticide Plant Disaster, 2008, Institute, West Virginia", Bayer completes acquisition of Schering AG, "Healthy appetite the ten biggest pharmaceutical takeovers", "Bayer Acquires Animal Health Co Bomac in New Zealand", "Bayer and Merck Investment Information", "Bayer sells Diabetes Care business to Panasonic Healthcare", "Bayer acquires BlueRock Therapeutics to build leading position in cell therapy", "Already Owning 40.8% of BlueRock Therapeutics, Bayer Buys Rest of Company for $600 Million", "Bayer Bolsters Women's Health Pipeline with Acquisition of KaNDy Therapeutics", "Bayer to Acquire UK-Based Biotech KaNDy Therapeutics Ltd", "Bayer takes on Astellas in purchase of experimental menopause relief", "Bayer's Announced Acquisition Adds Needed Boost", "Bayer Acquires Noria and PSMA Therapeutics to Expand Pipeline in Prostate Cancer", "Bayer Separates Material Science Business Covestro", "Bayer MaterialScience assumes its new identity as Covestro", "Covestro Jumps on First Day of Trading in Frankfurt After IPO", "Bayer defies critics with $62 billion Monsanto offer", "Exclusive: Monsanto to reject Bayer bid seeking a higher price sources", "BASF: The unexpected winner in the Bayer-Monsanto merger", "Bayer Will Sell More Units to BASF in Bid to Clinch Monsanto", "Bayer to Sell Assets to BASF for $7 Billion Amid Scrutiny of Monsanto Megadeal", "Competition Bureau asks Bayer to divest some Canadian assets to win Monsanto deal approval", "Bayer Clears EU Hurdle for Monsanto Deal With BASF Sale", "US set to approve Bayer-Monsanto deal with divestures", "Bayer Wins U.S. Approval for Monsanto After Two-Year Quest", "Bayer to ditch Monsanto name after closing 54bn deal", "Bayer completes merger of Monsanto India", "How Bayer-Monsanto Became One of the Worst Corporate Dealsin 12 Charts", "Worst deal ever? The report names the Transocean rig crew and the BP staff on hand as having made this error. [19][53][54] In September 2016, it was announced that he was a member of an initiative to create a Holocaust memorial at Babi Yar in Ukraine. Transocean, the owner of the Deepwater Horizon, was responsible for conducting safe operations and for protecting personnel on board. Visit a quote page and your recently viewed tickers will be displayed here. There was no admission of liability from the companies in the settlement as they noted they had prevailed in six previous trials. [182] A verdict on the appeal was delivered in June 2020 upholding the verdict but further reducing the award to $21.5 million. For the best MarketWatch.com experience, please update to a modern browser. [41], DEA sold its North Sea oil fields[42] to Ineos, the chemical company owned by Jim Ratcliffe, for an undisclosed sum in October 2015. [21], In February 2016, the company sold its interest in the Springfield oil and gas gathering system, near the Eagle Ford shale, for $750 million to Western Gas Partners. A new city, Leverkusen, was founded there in 1930 and became home to Bayer AG's headquarters. [8], In April 2000, the company acquired Union Pacific Resources in a $4.4 billion transaction. This browser is no longer supported at MarketWatch. Shortly after the public learned of the contamination, the E.U. [1], The company's international operations accounted for 14% of total sales volumes during 2018 and 12% of total proved reserves at year-end 2018. Share prices have ranged from as high as $699 to as low as $274. These included poor maintenance of electrical equipment that may have ignited the explosion, bypassing of gas alarms and automatic [1] In the United States and Canada, Bayer's assets and trademarks, including the well-known Bayer cross, were acquired by Sterling Drug, a predecessor of Sterling Winthrop and were not reclaimed until 1994. Net income fell from $526 million to $29 million in the same period. Bibliography. While he was away from his monitors, charts entered into evidence showed that pressure data indicated the well was filling up with explosive natural gas and crude. Anderson, E., 2004, Uses of Value Judgments in Science: A General Argument, with Lessons from a Case Study of Feminist Research on Divorce, Hypatia, 19(1): 124. WebRservez des vols pas chers sur le site officiel easyJet.com vers plus de 130 destinations en Europe. [187], The general consensus among national regulatory agencies, and the European Commission is that labeled usage of the herbicide poses no carcinogenic or genotoxic risk to humans. Its technological prowess and scale make that a near certainty. Lucid Stock Plunges as Reservations for Cars Drop, Dow sheds 650 points, stocks post worst day after any election in a decade as control of Congress remains in flux, Lucid posts wider quarterly loss, says it is on track with luxury EV production, Lucid stock price target cut to $12 from $18 at CFRA. Buy This $5 Stock BEFORE This Apple Project Goes Live, The Best $1 Investment You Can Make Today, Early Bitcoin Millionaire Reveals His Next Big Crypto Trade On Air. The United States House Committee on Energy and Commerce conducted a number of hearings. Friedr. [12][14], LetterOne's L1 Energy was founded in 2013 with[17] Lord Browne, former CEO of BP,[33] James Hackett of Anadarko Petroleum and Andrew Gould of BG joining L1 Energy Advisory Board. Lets look at some of those equities. An Interview with Jim Hackett,Anadarko Petroleum CEO,January 7, 2005 by Arthur Berman ( from the March, 2005 HGS Bulletin). [17], In December 2008, the company sold its 50% interest in the Peregrino heavy oil field offshore Brazil to Statoil for $1.4 billion. Lucids High-End EV Is Drawing Safety Complaints. 1965 ESSO HUMBLE ENCO TIGER-IN-THE-TANK SWEEPSTAKES KIT STILL SEALED NOS MINT. [32] By that point, his overall value was estimated at 6.3 billion. Litigation in the 1980s ended inconclusively. [171], In October 2008, Bayer's Canadian division was named one of "Canada's Top 100 Employers" by Mediacorp Canada Inc. Why That Could Signal a Bigger Problem. It criticized BP for its failure to run a cement bond log test. [4][18][65] In 2010, Khan purchased a home on Eaton Square in London. [30], In 1925, Bayer became part of IG Farben, a German conglomerate formed from the merger of six chemical companies: BASF, Bayer, Hoechst (including Cassella and Chemische Fabrik Kalle), Agfa, Chemische Fabrik Griesheim-Elektron, and Chemische Fabrik vorm. The settlement, according to the company, does not admit either liability or wrongdoing, but brings an end to irresolution in the case. [174], Ranked third in Access to Seeds Index in 2016. [186] On 25 November 2020, U.S. District Judge Stephen Limbaugh Jr. reduced the punitive damage amount in the Bader Farms case to $60 million. The numbers include both medical and recreational pot sales. [188][189][190][191] In January 2020, the US Environmental Protection Agency (EPA) finalized its interim registration review for Roundup, stating that it "did not identify any risks of concern" for cancer and other risks to humans from glyphosate exposure. [32] A number of significant problems were identified with the blowout preventer: There was a leak in the hydraulic system that provides power to the shear rams. [6][24] He is also a director at Alfa Finance Holdings SA,[24] Alfa Bank[6] ABH Holdings S.A.,[6][24] LetterOne Holdings S.A.,[6] and the supervisory board of[3] DEA Deutsche Erdoel AG,[47] which was bought by L1 Energy in 2015. WebAdjunct membership is for researchers employed by other institutions who collaborate with IDM Members to the extent that some of their own staff and/or postgraduate students may work within the IDM; for 3-year terms, which are renewable. [115], In June 2021, the company announced it acquire Noria Therapeutics Inc. and PSMA Therapeutics Inc. gaining rights to a number of cancer-based investigational compounds based on actinium-225. Here Are 53 Stocks Moving In Tuesday's Mid-Day Session, Why Rivian, Lucid, and Blink Charging Stocks Plunged Today, Meta Platforms, Herbalife And Some Other Big Stocks Moving Lower On Tuesday, 3 Growth Stocks to Buy for 100% Returns in 2023, Rivian (RIVN) Stock Falls Despite Wind Energy Deal, This Tesla Rival Is Offering Employees Hefty Discounts to Buy Its Premium EVs Right Now. [49] In the 1960s, Bayer He lowered profit guidance by $35 million, and CHGG stock plummeted as a result. [36][37], In December 2015, U.S. District Judge Carl Barbier ordered Anadarko to pay a civil fine under the Clean Water Act of $159.5 million, or $50 per barrel of oil spilled as a result of the Deepwater Horizon explosion. The automakers chief operating officer, Jim Farley, will take over as president and CEO. Bayer AG was founded as a dyestuffs factory in 1863 in Barmen (later part of Wuppertal), Germany, by Friedrich Bayer and his partner, Johann Friedrich Weskott, a master dyer. Stock Can Rise 60%. The company had holdings in Algeria, Ghana, Mozambique, Colombia, and Cte dIvoire. [202], In June 2020, Bayer agreed to pay $800 million to settle lawsuits in a variety of jurisdictions which claimed contamination of public waterways with PCBs by Monsanto before 1978. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. After graduating from university in 1988 he worked in a wholesale business selling consumer items, before setting up his own cooperative. [43] At the time, the British government assured LetterOne that the forced sale of DEA's UK assets was "not a judgement on the suitability of LetterOnes owners to control these or any other assets in the UK. $25.00. The failure of the cement barrier allowed hydrocarbons to flow up the wellbore, through the riser and onto the rig, resulting in the blowout. Volume I contains the report of the US Coast Guard. At 13.76, it ranks better than roughly 60% of industry competitors which have a median of 15.5. [34], According to the testimony of Doug Brown, the chief mechanic on the Deepwater Horizon, on 26 May at the joint U.S. Coast Guard and Minerals Management Service hearing, a BP representative overruled Transocean employees and insisted on displacing protective drilling mud with seawater just hours before the explosion. Although Powell suggested smaller incremental increases ahead he also stated rates could rise to higher levels than previously anticipated. [67], Khan is the father-in-law of Alex van der Zwaan who, on 20 February 2018, pleaded guilty to charges raised by the investigation into Russian interference in the 2016 United States elections. Darby and The Dead 2022 1080p HULU WEBRip 1400MB DD5 1 x264-GalaxyRG At Texas A&M and within its student culture, the term "former student" is more commonly used than "alumni". ", "Do people know perfectly well whats killing bees?". [39] RWE DEA had total natural gas production output of 2.6bn cubic metres in 2013. The firm has no outstanding debt and a cash balance of $61.7 million. He was then appointed the head of the wholesale trade business Alfa Eco as [15], There is an unresolved controversy over the roles played by Bayer scientists in the development of aspirin. Factor VIII, a clotting agent used to treat hemophilia, was produced, at the time, by processing donated blood. Revenue fell 15.8% to hit $31.34 billion, which is $390 million lower than expected. [165] Bayer MaterialScience was a supplier of high-tech polymers, and developed solutions for a broad range of applications relevant to everyday life. 5 Stocks That Moved the Market in November, Bulls And Bears Of The Week: Meta, Netflix, Robinhood And Why Jim Cramer Sold All His Bitcoin, Ethereum, Elon Musk Succession Rumors, Lucid Goes Aggressive With Promotions, Rivian Joins Blue-Chip Tech Index And More: Week's Biggest EV Stories, Why Elon Musk Thinks Lucid (LCID) Stock Is About to Die, Lululemon, Li Auto, Hackett Group And Some Other Big Stocks Moving Lower On Friday, If You Invested $3,000 in Lucid Group in 2021, This Is How Much You Would Have Today, Elon Musk, In A Rare Move, Says This Tesla Rival Is 'Not Long For This World', Why Rivian, Lucid, and Blink Charging Are Sinking This Week. Yaz is advertised as a treatment for premenstrual dysphoric disorder (PMDD) and moderate acne. There are currently no items in this Watchlist. [184]), In June 2020, the company agreed to pay $9.6 billion to settle more than 10,000 lawsuits claiming harm from Roundup, saying this action will result in the resolution of 75% of those claims. 4 days ago. Mr. Hackett is leaving Devon to become chief executive officer of Anadarko Petroleum Corp. That represented a nearly $2 million increase on a year-over-year basis. 1,190 Responses to The Aftermath and After That Subscribe. "[42] BP responded by strongly disagreeing with the Anadarko statement and said that, despite being contractually liable for sharing clean-up costs, Anadarko is "refusing to accept responsibility for oil spill removal costs and damages". So do you think NYMEX natural gas will dip into the $3.50s next summer. In early 2010, BP billed Anadarko more than $272million as a partial payment for its share of cleanup and response costs in the Gulf. Systematic investigations of the effect of structural changes on potency and duration of action at Bayer led to the discovery of phenobarbital in 1911 and the discovery of its potent anti-epileptic activity in 1912. [45][46] Bayer was at that point known as Farbenfabriken Bayer AG; it changed its name to Bayer AG in 1972. Transocean, responding to the report, blamed "BP's fatally flawed well design."[50]. Two years later, twenty-three of the firm's principal officers went on trial By the time, Bangen, Hans: Geschichte der medikamentsen Therapie der Schizophrenie. 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And EPS was $0.50 per share, which is $0.41 less than expected. [141][142]:270 In 2006, the U.S. Department of Agriculture announced that Bayer CropScience's LibertyLink genetically modified rice had contaminated the U.S. rice supply. The global headquarters of Bayer CropScience is located in St. Louis, Missouri, United States. [13], In August 2006, the company acquired Kerr-McGee for $16 billion in cash. Therefore, oil continued to flow through the drill pipe trapped between the ram block faces and subsequently through the gaps between the ram blocks. Revenues reached $76.1 million in Q2, up 14.2% YoY. Lucid Recalls Some Cars Again. In 1925 Bayer merged with five other German companies to form IG Farben, creating the world's largest chemical and pharmaceutical company. None of that even considers the rising likelihood of a 2023 recession. [194], In the mid-1980s, when Bayer's Cutter Laboratories realized that their blood products, the clotting agents Factor VIII and IX, were contaminated with HIV, the financial investment in the product was considered too high to destroy the inventory. Inflation and slowing global growth have crushed demand for big-ticket items that include all things semiconductors. [166] On 1 June 2015, Bayer announced that the new company would be named Covestro;[167] Bayer formally spun out Covestro in September 2015. [4] In 2013 TNK-BP was sold to Rosneft[11] for US$56 billion,[12] a sale described by Reuters as "one of the biggest energy takeovers in history. Bayer AG (/ba.r/, commonly pronounced /ber/;[3] German: [ba]) is a German multinational pharmaceutical and biotechnology company and one of the largest pharmaceutical companies in the world. Transocean said the board's "accusations are totally unfounded. "[25] Transocean, however, blamed BP for making the decisions before the actual explosion occurred and government officials for permitting those decisions. First Quarter Results. Companies, including Bayer, developed new ways to treat donated blood with heat to decontaminate it, and these new products were introduced early in 1984. In the late 1990s it introduced a statin drug, Baycol (cerivastatin), but after 52 deaths were attributed to it, Bayer discontinued it in 2001. [41], In an 18 June statement, Jim Hackett, the CEO of Anadarko Petroleum Corporation, said research "indicates BP operated unsafely and failed to monitor and react to several critical warning signs during the drilling. As of December 31, 2018, the company had approximately 1.473billion barrels of oil equivalent (9.01109GJ) of proved reserves, 45% of which was oil reserves, 37% of which was natural gas, and 18% was natural gas liquids. Revenue reached $164.7 million beating the $158.3 The firms EBITDA reached $50 million, well above the $37.1 million Wall Street expected. [24] He became president in 1996, where for his two-year tenure[6] he was instrumental in directing the company to focus on export and the oil trade. Anadarko contended that gross negligence or willful misconduct by BP led to the explosion. Classical biological control involves the introduction of natural enemies of the pest that are bred in the The post 7 Cheap Tech Stocks to Buy Before the Next Breakout appeared first on InvestorPlace. The other compelling aspect of AMAT stock is that it provides a dividend that hasnt been reduced since 2005. [37][38] By 1943, almost half of IG Farben's 330,000-strong workforce consisted of slave labour or conscripts, including 30,000 Auschwitz prisoners. Since its founding in 2008, the program claims that 8334 children have been saved as a result of their work. WebIf your protocol is a sub-study of an existing study, please include a brief description of the parent study, the current status of the parent study, and how the sub-study will fit with the parent study. The decision to slash its dividend underscores the predicament facing the largest oil and gas companies around the world. Wall Street is wavering on its prospects, but give it a target price of $364.93 at the same time. A review of the matter by the Medicines and Healthcare products Regulatory Agency in 2014 assessed the studies performed to date and found the evidence for adverse effects to be inconclusive. [36][37][38], On 17 June, Tony Hayward testified before the Committee. However, we were unable to obtain conclusive results because they died during the experiments. [39], Helmuth Vetter, an Auschwitz camp physician, SS captain and employee of the Bayer group within IG Farben conducted medical experiments on inmates at Auschwitz and at the Mauthausen concentration camp. Votes: 7,620 German Borisovich Khan (Russian: ; born 24 October 1961) is a Ukrainian-Russian oligarch, billionaire, and businessman. cement barrier in the production casing string, a highstrength steel pipe set in a well to ensure well integrity and to allow future production. 2) Oil then entered the production casing (an inner pipe) although two barriers (one made of cement called a "shoe track"[49]) were supposed to prevent this. On the one hand, Applied Materials (NASDAQ:AMAT) stock is at the forefront of the global economic downturn. The company was the subject of [1] He was deputy chairman of TNK Oil Company[7] from 1997 until 2003. [35] One of the BP representatives on the board responsible for making the final decision, Robert Kaluza, refused to testify on the Fifth Amendment grounds that he might incriminate himself; Donald Vidrine, another BP representative, cited medical reasons for his inability to testify, as did James Mansfield, Transocean's assistant marine engineer on board. [31][32] Using the $14 billion raised from selling their stakes in TNK-BP, Khan joined Mickhail Fridman[15][16] in establishing LetterOne (L1),[17][30] based in Luxembourg,[14] for the purpose of investing the proceeds from the sale of TNK-BP in international projects. [7] After the war, some employees of Bayer appeared in the IG Farben Trial, one of the Nuremberg Subsequent Tribunals under US jurisdiction. [13], The term aspirin continued to be used in the US, UK and France for all brands of the drug,[13] but it is still a registered trademark of Bayer in over 80 countries, including Canada, Mexico, Germany and Switzerland. The company is dealing with increasing costs that continue to drive income lower. The club is best known for its football team, but has been involved in many other sports, including athletics, fencing, team handball, volleyball, boxing, and basketball. Web2:33p January WTI oil loses 55 cents, or 0.8%, to settle at $71.46/bbl on Nymex 2:29p Barron's Stocks Need One Big Drop to Beat the Bear Market. [35], Helge Wehmeier, then CEO of Bayer, offered a public apology in 1995 to Elie Wiesel for the company's actions during World War II (19391945) and the Holocaust. Phenobarbital was among the most widely used drugs for the treatment of epilepsy through the 1970s, and as of 2014 it remains on the World Health Organization's list of essential medications.[24][25]. As background, in 2006, Kerr-McGee spun off its Tronox subsidiary to offload 70 years of environmental dumping of toxic waste across 22 states beginning in the 1920s. [138][139], Bayer CropScience has products in crop protection (i.e. [9][10], In June 2001, the company acquired Berkeley Petroleum Corporation for C$1.2 billion plus the assumption of C$400 million in debt. [68] Van der Zwaan was charged with lying to the FBI about his contacts with Rick Gates, and pleaded guilty to one count of making a false statement to investigators. This move comes as Executive Chairman Bill Ford and the rest of the board have lost faith in Fields ability to lead the company. [1], The company's operations in the United States accounted for 86% of total sales volumes during 2018 and 88% of total proved reserves at year-end 2018. 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SYLVESTER, U.S. ARMY", "Harold Bugbee Artist, Art Harold Dow Bugbee", "Student Playboy models face range of reactions", "San Angelo Native Returns Home for Movie Premiere", "A&M Libraries Acquire 3 Millionth Volume", "Profiles of Popular and Extraordinary Radio Personalities:Neal Boortz", "St. Agnes Academy honors Antoinette Maida Letsos '37", "Class of 1991 Aggie to be CNN journalist", http://media.www.thebatt.com/media/storage/paper657/news/2009/02/11/News/Voice.Of.Authority-3623520.shtml?reffeature=textemailedition, "Ch. [152] Bayer BioScience, headquartered in Hyderabad, India, has about 400 employees, and has research, production, and an extensive sales network spread across India. [19] One of the decisions met with tough questions was that BP refuted[clarification needed] the findings of advanced modelling software that had ascertained over three times as many centralizers were needed on the rig. [11], In December 2003, Robert J. Allison Jr. resigned as chief executive officer and was replaced by James T. Hackett, previously the chief operating officer of Devon Energy. Historical and current end-of-day data provided by FACTSET. The division also comprises the Radiology Business Unit which markets contrast-enhanced diagnostic imaging equipment together with the necessary contrast agents. Tuesday, March 30, 2004 [36] Despite this, the L1 purchase of RWE DEA was opposed by UK Energy and Climate Change Secretary Ed Davey, who "raised concerns" that sanctions[35] might "force L1 Energy to shut down production in the North Sea, imperiling oil supplies"[40] and 5% of Britain's North Sea natural gas output. I am continually blown away by the lessons and wisdom passed down from Jim Hackett. [26][27], In 1916, Bayer scientists discovered suramin, an anti-parasite drug that is still sold by Bayer under the brand name Germanin. About Us; Customer Reviews; FAQs; My Account; Cart; Rewards Program; Contact Us. EXTRA $10 OFF $50+ WITH CODE 10OFFOFEVERY50 See all eligible items and terms. [181][182] In November 2018, Monsanto appealed the judgement, asking an appellate court to consider a motion for a new trial. Anadarko owned a 25% non-operating minority interest in the Macondo Prospect, which was 65% owned and operated by BP, and was affected by the Deepwater Horizon oil spill in 2010. [124][125][126][127] On 21 March 2018 the deal was approved by the European Union,[128][129] and it was approved in the United States on 20 May 2018. On 30 April, the House Committee on Energy and Commerce asked Halliburton to brief it as well as provide any documents it might have related to its work on the Macondo well. WebEs gelten die allgemeinen Geschftsbedingungen der untenstehenden Anbieter fr die von den Anbietern angebotenen Leistungen. Its return on invested capital is 33.74% . [4][5] Alfa Group, which he also shares with another fellow billionaire and college peer, Alexei Kuzmichev, is the biggest financial and industrial investment group in Russia. Those results were impressive in and of themselves. Essentially, any current investor is betting Seagate will come out leaner and meaner while relying on its high-flying dividend to ease their worries. Lucid Picks Up New Buy Rating. View Jim Hackett's email address (j*****@anadar***.com) and phone number. August 11, 2020. [25][65] and live in London[4] and Moscow. [46], On 25 August, Harry Thierens, BP's vice president for drilling and completions, told the hearing that he found that the blowout preventer was connected to a test pipe, rather than the one conveying oil to the surface. [119] Effective January 2016 following the spinout of Covestro, Bayer rebranded itself as a life sciences company, and restructured into three divisions and one business unit: Pharmaceuticals, Consumer Health, Crop Science, and Animal Health. [33] The judge stated Anadarko was not at fault for the spill, but the company's 25% ownership stake made it responsible. [15], On 22 May President Obama announced that he had issued Executive Order 13543 establishing the bipartisan National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling, with former Florida Governor and Senator Bob Graham and former Environmental Protection Agency Administrator William K. Reilly serving as co-chairs. Ford CEO Jim Hackett is retiring in October, the company announced Tuesday. [134][135][136], In 2003, to separate operational and strategic managements, Bayer AG was reorganized into a holding company. Propoxur. [14][15][16] LetterOne's L1 Energy fund was founded in 2013. Farben and Krupp trials", List of varieties of genetically modified maize/corn, Detection of genetically modified organisms, https://en.wikipedia.org/w/index.php?title=Bayer&oldid=1124859276, Companies based in North Rhine-Westphalia, Companies listed on the Frankfurt Stock Exchange, Companies formerly listed on the Tokyo Stock Exchange, Pharmaceutical companies established in 1863, Multinational companies headquartered in Germany, Pages containing links to subscription-only content, Articles with dead external links from June 2022, Short description is different from Wikidata, Articles with unsourced statements from September 2018, Wikipedia articles needing page number citations from September 2018, Official website different in Wikidata and Wikipedia, Articles with MusicBrainz label identifiers, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 30 November 2022, at 22:06. [16], In February 2007, the company sold assets in Oklahoma and Texas for $860 million. [146] Under the terms of the merger, Bayer promised to maintain Monsanto's more than 9,000 U.S. jobs and add 3,000 new U.S. high-tech positions. [173], In 2016, Standard Ethics Aei gave a rating to Bayer in order to include the company in its Standard Ethics German Index. the Bombay Stock Exchange & National Stock Exchange of India and has a market capitalization of $2 billion. [41], In April 2014, the parties reached a $5.15 billion settlement in what was at the time the largest environmental contamination settlement in American history. EV Stocks Face a Reckoning. It was organized in Delaware and headquartered in two skyscrapers in The Woodlands, Texas: the Allison Tower and the Hackett Tower, both named after former CEOs of the company. Alex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks.Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing. Since the pipe buckled when well control was lost, the blind shear rams would have failed to function as planned no matter when they were made active.[6]. In April Alfa Bank was hit with sanctions by the U.S.[49], Khan is an active supporter of the Life Line charitable programme, which provides medicine and surgery for seriously ill children in Russia. [citation needed], Khan held a number of managerial positions at Alfa Group starting in 1992. Architect of the world's tallest structure, Actress and model; former cast member of MTV's, Notable Indian film producer, Co-founder and CEO of, Oscar-nominated and Emmy-winning actor, films including, Emeritus Professor of English and author, affiliated with, Former CEO and current Chairman of the Board of, Former chairman and chief executive officer of, Attended 19671970 with studies in engineering, Former Vice Chairman of Wal-Mart Stores, Inc; key figure in the U.S. government's probe into Wal-Mart's Mexican bribery allegations, U. S. District Court, Southern District of Texas, U.S. District Court, Northern District of Texas, Member of the Texas House of Representatives from Waxahachie and former mayor of Waxahachie, Assistant Secretary of Commerce and Director-General of, Former commissioner of the Texas General Land Office, Texas Republican Party state chairman since 2015; oil and gas consultant in, Member of the Texas House of Representatives for District 13 since 2015; lawyer in, Former Texas Comptroller of Public Accounts, Researcher in the field of plant resistance to insect pests, Aeronautical engineer and artist; second director of the, One of five people in history to have won the, 2000 Nobel Prize Laureate in Physics; National Medal of Science winner, George Bush School of Government and Public Service, Former president of Texas A&M University; former United States Secretary of Defense, Former president of Texas A&M University; former United States Under Secretary of Agriculture for Food Safety, Librarian/curator, Africana and Women's and Gender Studies; presidential appointee to the, Founding Director, Hagler Institute for Advanced Study, Distinguished Professor, Member National Academy of Engineering, University Distinguished Professor, philosopher, past president of the, Marketing scholar; namesake of the Shankar-Spiegel Award, Former President of the United States; namesake of, Member of the US Olympic Swimming team (2012), Gold medalist in the 4x100-meter swim relay (2012), Member of the US Olympic Archery team (2012), Member of the US Olympic Shot Put Team; 1964 silver medalist and 1968 gold medalist, Member of the US Olympic Archery team (2004, 2008, 2012), Member of the US Olympic Swimming team (2012); 2012 3M diving NCAA champion, Member of the US Olympic Volleyball team (2000, 2004, 2008), Member of the US Olympic Track & Field team (2012), Thermite - Operator from the video game , This page was last edited on 5 November 2022, at 23:30. Anadarko Petroleum Corporation was a company engaged in hydrocarbon exploration. [97][98], On 28 August 2008, an explosion occurred at the Bayer CropScience facility at Institute, West Virginia, United States. "[47], In late August, BP released findings from its own internal probe, which it began immediately after the spill began. Lucid Stock Gets a New Buy Rating. [40][41] In one study of an anaesthetic, the company paid RM170 per person for the use of 150 female inmates of Auschwitz. On 11 May the Obama administration requested the National Academy of Engineering conduct an independent technical investigation to determine the root causes of the disaster so that corrective steps could be taken to address the mechanical failures underlying the accident. A runaway reaction ruptured a tank and the resulting explosion killed two employees. Not good for Applied Technologies and AMAT stock. [55]:93 Top-selling products as of 2014 included: Bayer produces various fungicides, herbicides, insecticides, and some crop varieties. [201], In June 2020, Bayer agreed to a settlement of up to $400 million for all 20152020 crop year dicamba claims, not including the $265 million judgement. [175][176], In August 2018, two months after Bayer acquired Monsanto,[177] a U.S. jury ordered Monsanto to pay $289 million to a school groundskeeper who claimed his Non-Hodgkin's lymphoma was caused by regularly using Roundup, a glyphosate-based herbicide produced by Monsanto. It also decided not to rerun the software when it stuck with only six centralizers, and ignored or misread warnings from other key tests, the panel said. [27], During Khan's tenure as a TNK-BP executive director,[26] TNK-BP became Russia's third largest oil company and globally a top ten private oil producer. "[44], After the war, the Allied Control Council seized IG Farben for "knowingly and prominently building up and maintaining German war potential". The report blames the rig crew for missing the increased pressure readings. [77], In 1994, Bayer AG purchased Sterling Winthrop's over-the-counter (OTC) drug business from SmithKline Beecham and merged it with Miles Laboratories, thereby reclaiming the U.S. and Canadian trademark rights to "Bayer" and the Bayer cross, as well as the ownership of the Aspirin trademark in Canada. Please help update this article to reflect recent events or newly available information. 1966 Magazine Print Ad ENCO - HUMBLE OIL - Win Tiger Money, Ford Mustang, TV. The company started by purchasing crude, securing contracts with refiners to process it, and then selling the refined product. [38], In April 2014, Anadarko settled with the U.S. Department of Justice and the Environmental Protection Agency to pay $5.15 billion to clean up environmental waste sites around the country. Taiwan Semiconductor Manufacturing is the worlds largest foundry. Thats better than 93% of industry competitors and far higher than its 5.74% cost of capital. [169] In September 2019, Bayer announced to reduce the number of management board members from seven to five to reduce overall costs. [33] Under the joint operating agreement, Anadarko was required to pay costs related to any incident in proportion to its 25% ownershipexcept when caused by the operating partner's gross negligence or willful misconduct. [1], After a chance meeting with businessman Mikhail Fridman,[1] who had also been a student at MISIS,[1] Khan was asked to head-up a wholesale trade business Alfa Eco as part of a wider company, Alfa Group Consortium. Bayer contends that aspirin was discovered by Felix Hoffmann to help his father, who had arthritis. South Koreas Samsung is the only other competitor in the space so far. Bayer misrepresented the results of its own research and knowingly supplied hemophilia medication tainted with HIV to patients in Asia and Latin America, without the precaution of heat treating the product, recommended for eliminating the risk. [157], The Pharmaceuticals Division focuses on prescription products, especially for women's healthcare and cardiology, and also on specialty therapeutics in the areas of oncology, hematology and ophthalmology. [44], According to the US Congressional investigation, the rig's blowout preventer, a fail-safe device fitted at the base of the well, built by Cameron International Corporation, had a hydraulic leak and a failed battery, and therefore failed. Lucid Group Needs Recharge After Long Descent: What's Next For The EV Stock? In 2016, the company began a second restructuring with the aim of allowing it to transition to a life sciences based company. The Canadian division was named one of Greater Toronto's Top Employers by the Toronto Star newspaper. [120], In May 2016, Bayer offered to buy U.S. seeds company Monsanto for $62 billion. [4] When Alfa bought Tyumen Oil (TNK), he joined the board and remained involved in M&A deals. WebGet The Wall Street Journals Opinion columnists, editorials, op-eds, letters to the editor, and book and arts reviews. Alfa Group bought a stake in Turkcell in 2005, and by April 2007, Alfa Group controlled a 43.5% stake in Kyivstar, a Ukrainian telecom company. rise to higher levels than previously anticipated, 7 Cheap Tech Stocks to Buy Before the Next Breakout, Dollar Up, Stocks Down as Traders Eye Rate Paths: Markets Wrap, UPDATE 1-U.S. inflation will be much lower by end of 2023 - Yellen, Waning trust: China shadow banks pivot away from property to survive, Ukraine orders punitive measures on clerics with Moscow links. These deficiencies indicate that Transoceans failure to have an effective safety management system and instill a culture that emphasizes and ensures safety contributed to this disaster. [6] The company named its two office towers after former CEOs. April 2010 Coast Guard and Mineral Management Services investigation, May 2010 National Academy of Engineering investigation, May 2010 bipartisan National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling investigation, June 2010 Department of Justice investigation, National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling, Bureau of Ocean Energy Management, Regulation and Enforcement, Chemical Safety and Hazard Investigation Board, United States House Committee on Energy and Commerce, Deepwater Horizon Oil Spill: Recent Activities and Ongoing Developments, "Fed board: In a statement Keep companies away from oil spill evidence", "Halliburton Worker on Smoke Break Missed BP Well Data", "FORENSIC EXAMINATION OF DEEPWATER HORIZON BLOWOUT PREVENTER-Final Report", "FORENSIC EXAMINATION OF DEEPWATER HORIZON BLOWOUT PREVENTER-Final Report: Volume 1", "Gulf oil spill report: BP ultimately responsible in Gulf spill", "Deepwater Horizon Joint Investigation Team Releases Final Report", "Report of Investigation into the Circumstances Surrounding the Explosion, Fire, Sinking and Loss of Eleven Crew Members Aboard the MOBILE OFFSHORE DRILLING UNIT DEEPWATER HORIZON", "REPORT REGARDING THE CAUSES OF THE APRIL 20, 2010 MACONDO WELL BLOWOUT", "Salazar Launches Safety and Environmental Protection Reforms to Toughen Oversight of Offshore Oil and Gas Operations", "Experts: BP ignored warning signs on doomed well", "Oil Spill: The National Academy of Engineers Spreads the Blame Around", "Missing Oil Spill Commission Document Shows BP Made Risky Decisions in Gulf to Save Time", "Weekly Address: President Obama Establishes Bipartisan National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling", "Executive Order- National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling (White House, May 22, 2010)", "Oil spill: BP 'did not sacrifice safety to save money', "Gulf oil spill: President's panel says firms complacent", "Deepwater Horizon modelling software showed BP cement conditions unstable", "Obama oil spill commission's final report blames disaster on cost-cutting by BP and partners", "Deep Water: The Gulf Oil Disaster and the Future of Offshore Drilling", "Panel: BP, others made risky decisions before spill", "BP, firms made risky decisions before spill: report", "Blunders Abounded Before Gulf Spill, Panel Says", "BP, Transocean, Halliburton blamed by presidential Gulf oil spill commission", "Panel: Without changes in oil industry and government, BP-like spill could happen again", "Final Report: BP Deepwater Horizon Oil Spill and Offshore Drilling", Attorney General Eric Holder on Gulf Oil Spill, "BP makes progress on new oil capture system", "Nitrogen-Cement Mix Is Focus of Gulf Inquiry", "Opening Statement, "Inquiry into the Deepwater Horizon Gulf Coast Oil Spill", "BP was told of oil safety fault 'weeks before blast', "Hearings: BP representative overruled drillers, insisted on displacing mud with seawater", "Oil spill hearings: BP man on Deepwater Horizon rig refuses to testify, says he will take the Fifth", "BP worker takes 5th, making prosecution a possibility", "Joint hearings resume in Kenner with a reduced witness list", "Anadarko and Mitsui executives set to testify", "BP engineer called doomed rig a 'nightmare well', "Anadarko points finger at BP on Gulf oil spill", "BP rejects oil drill partner's 'negligence' claim", "Deepwater Horizon blowout preventer 'faulty' Congress", "BP to retain failed device for evidence", "Oil spill: safety valve was wrongly plumbed on rig, says BP executive", Deepwater Horizon Accident Investigation Report, Hornbeck Offshore Services LLC v. 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