British Petroleum may have signed on to President Obamas plan to establish a $20 billion fund to help finance the cleanup of the massive oil spill emanating from its Deepwater Horizon rig in the Gulf of Mexico, but it says that it still intends to continue funding projects at the British Museum, Tate Britain, the National Portrait Gallery in London, and the Royal Opera House, BP spokesman David Nicholastold Bloomberg.
BP spends more than $1.5 million on arts programs in the U.K. every year, a veritable drop in the oil barrel compared with its $93.1 billion market capitalization, which has slid 45 percent since the start of the crisis. “These are longstanding partnerships that we have with major cultural institutions in the U.K.,” Nicholas told the wire service. “They’re completely unchanged, as far as I’m concerned.”
The oil company has also proved to be a source of artistic inspiration for graphic designers, who have been assiduously reworking the bright green BP logo in order to convey messages about the company — part of a protest movement that has been encouraged by the environmental groupGreenpeace. For a look at some of those fine designs, read Scott Indriseks report on published on ARTINFO last month.
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