BP AMERICA, INC for BP AMERICA, INC

Taxation/Internal Revenue Code TAX

S. 940 Close Big Oil Tax Loopholes, legislation that would repeal tax provisions applicable to the oil and gas industry; Baucus draft bill on energy issues, legislation that would repeal tax code provisions applicable to the oil and gas industry; S. 983 Legislation that would change the tax treatment of expenses related to a discharge of oil; S. 365, Budget Control Act and it's tax provisions; S. 2204, Repeal Big Oil Tax Subsidies Act, oil and gas issues; S. 2091, US Job Creation and International Tax Reform Act of 2012, tax provisions; issues related to corporate tax reform; tax provisions included in the Obama FY2012 budget and Obama American Jobs Act including energy tax, corporate tax and international issues; issues and legislation related to the extension of the production tax credit for wind energy.

Contacted: SENATE; State, Dept of (DOS); Bureau of Land Management (BLM); Commodity Futures Trading Commission (CFTC); Energy, Dept of; Interior, Dept of (DOI); HOUSE OF REPRESENTATIVES

Bills named: S. 2204 (112th), S. 2091 (112th), S. 983 (112th), S. 365 (112th), S. 940 (112th)

Foreign Relations FOR

S. 2101, Iran Sanctions, Accountability and Human Rights Act of 2012, support for the development and export of Azerbaijan gas into European markets.

Foreign entity interest: BP plc has interest in supporting natural gas exports from Azerbaijan into European markets.

Contacted: Interior, Dept of (DOI); Commodity Futures Trading Commission (CFTC); Bureau of Land Management (BLM); State, Dept of (DOS); Energy, Dept of; HOUSE OF REPRESENTATIVES; SENATE

Bills named: S. 2101 (112th)

Environment/Superfund ENV

US Bureau of Land Management, May 11, 2012 Federal Register, Oil & Gas Well Stimulation, including hydraulic fracturing, on Federal and Indian Lands, proposed rule; EPA proposed rule of August 23, 2011, Oil and Natural Gas Sector: New Source Performance Standards and National Emission Standards Hazardous Air Pollutants; Extension of the production credit for wind energy projects; support for Mohave, AZ wind project on BLM land and issues related to permitting;

Contacted: Bureau of Land Management (BLM); Commodity Futures Trading Commission (CFTC); State, Dept of (DOS); Interior, Dept of (DOI); Energy, Dept of; HOUSE OF REPRESENTATIVES; SENATE

Fuel/Gas/Oil FUE

Legislation to improve the EPA Renewable Identification Number system of the renewable fuel standard program and issues related; support for the stability of the Renewable Fuels Standard regarding biofuels; Renewable Fuels Standards issues impacting the refineries.

Contacted: State, Dept of (DOS); Bureau of Land Management (BLM); Interior, Dept of (DOI); SENATE; HOUSE OF REPRESENTATIVES; Commodity Futures Trading Commission (CFTC); Energy, Dept of

Energy/Nuclear ENG

H.R. 4480 Domestic Energy and Jobs Act; H.R. 7 American Energy & Infrastructure Jobs Act/Surface Transportation Extension Act of 2012; Gulf Coast restoration efforts; information regarding energy markets; Gulf of Mexico operations and related issues; CFTC proposed rules relating to Dodd Frank Wall Street Reform and Consumer Protection Act and related legislation; issues related to the export of liquefied natural gas; issues related to studies on hydraulic fracturing; issues related to stakeholder participation in EITI

Contacted: Commodity Futures Trading Commission (CFTC); Interior, Dept of (DOI); HOUSE OF REPRESENTATIVES; SENATE; State, Dept of (DOS); Energy, Dept of; Bureau of Land Management (BLM)

Bills named: H.R. 4480 (112th), H.R. 7 (112th)