Misplaced Pages

Revision as of 07:25, 17 March 2013

BP

Hi and thanks for your message. Yes happy to help out. Rangoon11 (talk) 02:05, 13 May 2012 (UTC)

BP stock

Hi there Arturo, you may have noticed on the BP talk page that we are working on a "stock history" section as per the "company articles" guideline you shared with us in the DRN. You certainly don't need to, but if you feel to help construct that section, we would most welcome any input. Thanks, petrarchan47tc 20:18, 21 August 2012 (UTC)

Hi Petrarchan, I would like to be able to help with this section to provide sources and additional information. I do think there should be a section that addresses BP's corporate governance including its long-term stock history, on both the LSE and NYSE. Is that what you have in mind? Will you be working on this in your userspace? If so, please provide the link then I can take a look at what you have and see where I can help. Thanks. Arturo at BP (talk) 16:41, 23 August 2012 (UTC)

Talkback

DES 18:42, 29 August 2012 (UTC)

Information please

Hi there Arturo. I've tried to unravel the BP 2004 DoJ finding as stated below:

A criminal penalty of $100 million, a payment of $25 million to the U.S. Postal Inspection Consumer Fraud Fund, and restitution of approximately $53 million, plus a civil penalty of $125 million to the Commodity Futures Trading Commission, as part of an agreement to defer the prosecution of a one-count criminal information filed in the Northern District of Illinois charging BP America Inc. with conspiring to violate the Commodity Exchange Act and to commit mail fraud and wire fraud.

Then they go on to say:

In addition, a 20-count indictment returned by a federal grand jury in Chicago today charges four former employees of a subsidiary of BP America, Inc. with conspiring to manipulate and corner the TET propane market in February 2004, and to sell TET propane at an artificially inflated index price in violation of federal mail and wire fraud statutes, along with substantive violations of the Commodity Exchange Act and wire fraud.

However, in 2011 it was decided:

This court decision has been used as a reason to remove mention of the 2004 information from the article by both Connolly and Beagle. I've read the same information but come away with the idea that the 2004 court finding was not at all nullified by the 2011 court decision as that was a separate matter. More info here:

Hopefully you can clear this up. Thanks! Gandydancer (talk) 11:44, 9 September 2012 (UTC)

Hi Gandydancer, I have heard back from others within BP who are more knowledgeable about this and can confirm that the information in the article now is correct, but perhaps needs a few small changes to make it completely clear.

What I was told is that there was no case brought in 2004, the charges against the company and traders were brought in 2006, related to activity in 2003 and 2004. This is supported by the sources used at the end of the first sentence in the section: the complaint and the NBC News article. In 2007, BP entered into a deferred prosecution agreement, settling these charges. This is also supported by the existing source in the section, the Reuters article and also the Red Orbit article you shared. As the Red Orbit source mentions, also in 2007, a federal grand jury indicted four more employees. The charges against these traders were later dismissed in 2009 and the dismissal upheld in 2011. The dismissal of these charges is verified by the Houston Chronicle article cited and also by the 2011 court ruling, which found that the trader's activities in 2004 "fell within a statutory exemption for off-exchange commodities transactions".

The current wording is as follows:

The US Justice Department and the Commodity Futures Trading Commission accused BP Products North America Inc. (subsidiary of BP plc) and several BP traders with conspiring to raise the price of propane by seeking to corner the propane market in 2004. In 2006, one former trader pleaded guilty. In 2007, BP paid approximately $303 million in restitution and fines as part of an agreement to defer prosecution. That same year, four other former traders were charged; however, charges were dismissed by a U.S. District Court in 2009 and upheld by the 5th U.S. Circuit Court of Appeals in 2011.

I think just a few changes here can make the chain of events clearer here. Here is my suggestion:

In 2006, the US Justice Department and the Commodity Futures Trading Commission accused BP Products North America Inc. (subsidiary of BP plc) and several BP traders with conspiring to raise the price of propane by seeking to corner the propane market in 2003 and 2004. That year, one former trader pleaded guilty. In 2007, BP paid approximately $303 million in restitution and fines as part of an agreement to defer prosecution. Also in 2007, four other former traders were charged; however, charges were dismissed by a U.S. District Court in 2009 and this dismissal was upheld by the 5th U.S. Circuit Court of Appeals in 2011.

Does that make things clearer? Arturo at BP (talk) 13:24, 21 December 2012 (UTC)

Re Request

Hi Arturo, I appreciate the request, but I am away for awhile with some health issues. Hopefully someone at BP talk can take care of the editing needs soon. The removal of outdated information is simple enough, and I'm sure in time we can get the alternative energy section worked out. Sorry I can't be of immediate help. petrarchan47tc 06:29, 28 October 2012 (UTC)

A barnstar for you!

		The Special Barnstar
		For making constructive contributions to Misplaced Pages while respecting conflict of interest guidelines. Drm310 (talk) 04:21, 12 February 2013 (UTC)

Yes, well done Arturo. I copied the above to your user page. Also, I posted a reply to your COIN post here. -- Uzma Gamal (talk) 11:19, 16 February 2013 (UTC)

Article talk pages

RE: "As that request has not received a response." When an article talk page request is posted, it may go unanswered because the page does not receive enough traffic. To address this, If you post a request on Talk:BP, select the history tab, select External tools: Contributors, and then consider posting a note on the talk page of the listed top two to five contributors letting them know that you posted on the Talk:BP page. Then, look at the list of contributors to the article page itself, and consider posting a note on the talk page of the listed top two to five contributors. By looking at the contributors list for both the BP article and BP talk page, looks like Rangoon11, Beagel, Petrarchan47, Gandydancer, Binksternet, and BozMo are the most active in the topic and likely would be interested in responding to a talk page request at Talk:BP. You also can use {{request edit}} for conflict-of-interest edits. Generally see Misplaced Pages:Edit requests. -- Uzma Gamal (talk) 11:39, 16 February 2013 (UTC)

Thanks Uzma, I appreciate your suggestions, which are very much in line with my interactions on Misplaced Pages so far. Sometimes these editors get busy with other projects, so from time to time I've reached out to others too. Arturo at BP (talk) 17:43, 18 February 2013 (UTC)

Contact Tim from Atos

Hi Arturo. Congrats with you Barnstar. It shows that you are a very good expert in Misplaced Pages by contributing good content and balancing the BP page. Would you mind having a look at the Atos page? How can we ge in contact with you? Thanks in advance. (tim362729|t ) —Preceding undated comment added 14:32, 22 February 2013 (UTC)

Help requests

Hi there. I saw you left some requests for assistance at my talk page and WP:COIN but I have been a bit busy. How do things stand now? Are you still in need of help? --Drm310 (talk) 18:29, 22 February 2013 (UTC)

Hi Drm310, thanks for dropping me a note. I would still like to get your opinion on a couple of discussions on the BP talk page, particularly regarding some wording I think might be POV in the section on the Caspian Sea gas leak. If you have time available, can you review my request here and offer your opinion. Also, if you are able, please take a look at the New Structure talk page discussion. Thanks. Arturo at BP (talk) 23:48, 22 February 2013 (UTC)

Talkback from PAIDHELP

Silverseren 05:21, 28 February 2013 (UTC)

Silverseren 20:47, 16 March 2013 (UTC)

Suggestion

I would suggest you just focus on answering my questions and ignore them. I'll also make sure to get some outside editors to review the sections before implementation so there isn't a problem. Silverseren 07:25, 17 March 2013 (UTC)

1. ^ "Complaint for Injunctive and Other Equitable Relief and Civil Monetary Penalties Under the Commodities Exchange Act" (PDF). Commodity Futures Trading Commission. 28 June 2008. Retrieved 2012-09-09.
2. ^ "BP unit accused of price manipulation". NBC News. Associated Press. 29 June 2006. Retrieved 2012-09-07.
3. ^ Fowler, Tom (29 January 2011). "Appeals court sides with BP propane traders". Houston Chronicle. Retrieved 2012-09-07.
4. ^ Pelofsky, Jeremy (20 April 2012). "Oil price manipulation seldom prosecuted under Obama". Reuters. Retrieved 2012-09-07.
5. ^ Tom Fowler (27 October 2007). "Settlements Avoid More Charges". Houston Chronicle. Retrieved 20 December 2012.