Archive for August 1st, 2010

01
Aug
10

U.S. Owners Of BP Stations Seek Rebranding

NEWS
U.S. Owners Of BP Stations Seek Rebranding

Sunday, August 1, 2010

Earth BP is reportedly facing pressure to rename its U.S. petrol stations under their old Amoco brand as the backlash in America shows no sign of easing.

The distributors who control most of BP’s U.S. forecourts are pushing the group to revert back to the traditional American Amoco branding for fear of further sales pain following the Gulf of Mexico oil spill, according to The Sunday Telegraph.

BP shed the Amoco brand shortly after merging with the U.S. oil group in 1998, but the 475 distributors believe its revival across petrol stations could help bring customers back.

They are reportedly seeing sales fall by up to 40 percent in the worst hit sites as Americans shun the BP brand.

The firm’s petrol stations in the U.S. are also said to be suffering growing instances of vandalism and protests.

John Kleine, executive director of the BP Amoco Marketers Association, which represents U.S. distributors, told The Sunday Telegraph in Britain: ‘They (the distributors) are interested in where the brand is going and want it to be returned to its premier place.’
He added: ‘Those fires have been fueled in the last week by a former Amoco executive (Bob Dudley) being named to assume the role of chief executive.’

A separate report also suggested BP may be forced to wind down its operations in the Gulf of Mexico after American lawmakers passed a bill that could halve its production there.

The Gulf accounts for 10 percent of BP’s global production, but the legal move proposed freezing the firm out of new drilling leases for seven years.

BP last week confirmed Mr. Dudley would take over from under-fire boss Tony Hayward in October as it revealed a $32.2 billion blow from the spill.

The group is understood to be preparing to ‘static kill’ the leaking well this week.

The well erupted when the Deepwater Horizon rig exploded and sank on April 20, killing 11 workers and triggering the worst oil spill in U.S. history.

BP was not immediately available for comment.
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01
Aug
10

It’s Official: Chelsea Clinton Ties the Knot!

NEWS
It’s Official: Chelsea Clinton Ties the Knot!
Chelsea Clinton marries banker Marc Mezvinsky in star-studded ceremony in New York

Sunday, August 1, 2010

••• Chelsea Clinton has married her longtime boyfriend at an exclusive estate along New York’s Hudson River.

Bill and Hillary Clinton announced in a statement that their daughter wed investment banker Marc Mezvinsky on Saturday night after weeks of secrecy and buildup that had celebrity watchers flocking to the small village of Rhinebeck for the evening nuptials.

‘Today, we watched with great pride and overwhelming emotion as Chelsea and Marc wed in a beautiful ceremony at Astor Courts, surrounded by family and their close friends,’ the Clintons said.
‘We could not have asked for a more perfect day to celebrate the beginning of their life together, and we are so happy to welcome Marc into our family. On behalf of the newlyweds, we want to give special thanks to the people of Rhinebeck for welcoming us and to everyone for their well-wishes on this special day.’

More than 400 guests were expected at the historic estate.
Details of the wedding were kept fanatically close to the vest, with shopkeepers, innkeepers, vendors and restaurateurs sworn to secrecy.

Officials restricted airspace over the estate, and the area will remain a no-fly zone until 03:30 am local time on Sunday.
Roads were also blocked off, and inconvenienced neighbors were soothed with a complimentary bottle of wine.

Some of the celebrities spotted in Rhinebeck for the event included actors Ted Danson and Mary Steenburgen, fashion designer Vera Wang and Madeleine Albright, who was secretary of state during Bill Clinton’s second term as president.

The wedding took place at Astor Courts, a secluded estate along the Hudson River built as a Beaux Arts style playground for John Jacob Astor IV more than a century ago.
The estate features the sort of commanding view that once inspired Hudson River School painters, as well as 20 hectares of buffer space to shield the party from prying eyes.

Chelsea Clinton and Mezvinsky were friends as teenagers in Washington, and both attended Stanford University.

They now live in New York, where Mezvinsky works at G3 Capital, a Manhattan hedge fund. Mezvinsky worked previously at Goldman Sachs as an investment banker.

Clinton completed her master’s degree in public health earlier this year at the Mailman School of Public Health at Columbia University.

Mezvinsky is a son of former U.S. Reps Marjorie Margolies-Mezvinsky of Pennsylvania and Ed Mezvinsky of Iowa, longtime friends of the Clintons.

His parents are divorced.
» Related: Clinton wedding extravaganza special!
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