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| Version 0 | Version 1 |
|---|---|
| Report set to criticise BP safety | Report set to criticise BP safety |
| (about 8 hours later) | |
| BP is expected to be criticised for safety lapses at its US oil refineries in a report to be published later. | |
| An independent panel set up after the fatal 2005 explosion at BP's Texas City refinery is expected to highlight process and management failings. | An independent panel set up after the fatal 2005 explosion at BP's Texas City refinery is expected to highlight process and management failings. |
| The Financial Times said the report would claim BP had not always "provided the resources required" for a strong safety regime at its US refineries. | The Financial Times said the report would claim BP had not always "provided the resources required" for a strong safety regime at its US refineries. |
| But it is thought the report will not single out any individuals for blame. | But it is thought the report will not single out any individuals for blame. |
| Recommendations | Recommendations |
| BP recently revealed that its chief executive, Lord Browne, would retire in July - six months earlier than planned. | BP recently revealed that its chief executive, Lord Browne, would retire in July - six months earlier than planned. |
| The Texas City incident - which killed 15 people and injured 180 - and a series of pipeline leaks at BP's main Alaska oil field last year have raised serious question marks about its safety record in the US. | The Texas City incident - which killed 15 people and injured 180 - and a series of pipeline leaks at BP's main Alaska oil field last year have raised serious question marks about its safety record in the US. |
| The panel, chaired by former Secretary of State James Baker, will make a series of recommendations which BP is expected to endorse. | The panel, chaired by former Secretary of State James Baker, will make a series of recommendations which BP is expected to endorse. |
| US regulators have already criticised BP for the safety regime at the Houston refinery, saying the company knew of "significant safety problems" at the plant before the explosion. | US regulators have already criticised BP for the safety regime at the Houston refinery, saying the company knew of "significant safety problems" at the plant before the explosion. |
| BP has accepted that the explosion was preventable while maintaining that spending on maintenance at the refinery was above the industry average. | BP has accepted that the explosion was preventable while maintaining that spending on maintenance at the refinery was above the industry average. |
| It has earmarked $7bn (£3.5bn) of spending over the next four years to upgrade safety systems at its US refineries and pipeline network. | It has earmarked $7bn (£3.5bn) of spending over the next four years to upgrade safety systems at its US refineries and pipeline network. |
| The company has set aside $1.6bn for compensation claims from victims of the explosion and their families. | The company has set aside $1.6bn for compensation claims from victims of the explosion and their families. |
| Some of these claims have been settled although others are outstanding. | Some of these claims have been settled although others are outstanding. |