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Report criticises BP over safety | Report criticises BP over safety |
(10 minutes later) | |
A US report has found "material deficiencies" in BP's safety procedures at its American oil refineries. | A US report has found "material deficiencies" in BP's safety procedures at its American oil refineries. |
Led by former US Secretary of State James A Baker, the panel looked into the 2005 explosion at BP's Texas City refinery, that killed 15 people. | |
BP said it would implement the report's recommendations, adding it was taking significant steps to improve safety. | |
BBC business editor Robert Peston called the report very meticulous and extremely savage. | |
The report found that prior to the Texas City tragedy, BP emphasised personal safety but not process safety. | |
'Mistakes' | 'Mistakes' |
"BP mistakenly interpreted improving personal injury rates as an indication of acceptable process safety performance at its US refineries," said the report. | "BP mistakenly interpreted improving personal injury rates as an indication of acceptable process safety performance at its US refineries," said the report. |
Former US Secretary of State James A Baker led the panel | Former US Secretary of State James A Baker led the panel |
In order to improve the company's safety performance, BP said it had already taken steps including forming a new senior executive team to oversee all aspects of operational safety. | In order to improve the company's safety performance, BP said it had already taken steps including forming a new senior executive team to oversee all aspects of operational safety. |
BP also said it had increased spending on its refineries, and had earmarked $200m (£102m) to pay for safety audits and redesigns of its refinery operations. | BP also said it had increased spending on its refineries, and had earmarked $200m (£102m) to pay for safety audits and redesigns of its refinery operations. |
The oil giant added that it had also appointed retired federal judge Stanley Sporkin to deal with and investigate concerns raised by staff or contract workers. | The oil giant added that it had also appointed retired federal judge Stanley Sporkin to deal with and investigate concerns raised by staff or contract workers. |
BP's outgoing chief executive, Lord Browne, said he thanked the panel members for "their insights and their recommendations". | |
"We asked for a candid assessment from this diverse group of experts and they delivered one," he added. |