BP has "systematic" safety problems: report

LONDON (BestGrowthStock) – Energy giant BP has a “systematic safety problem” at its refineries, a U.S. Labor Department official told the Financial Times in its Monday edition.

“BP executives, they talk a good line. They say they want to improve safety,” Jordan Barab, a senior official at the Occupational Safety and Health Administration, known as OSHA, told the paper.

“But it doesn’t always translate down to the refineries themselves. They still have a systematic safety problem,” Barab said.

Last year U.S. safety regulators hit oil giant BP with a record $87.4 million fine for failing to fix safety violations at its Texas City, Texas, refinery after a deadly 2005 explosion.

Barab’s comments come as the company struggles to contain a massive oil spill in the Gulf of Mexico caused by a deadly oil rig explosion last month.

Stock Report

(Reporting by Caroline Copley; Editing by Jan Paschal)

BP has “systematic” safety problems: report