01 Dec '11, 11am

Artist attempts takeover of #BP with sales of 'oil spill art'

Artist attempts takeover of #BP with sales of 'oil spill art'

Although he does not expect to be able to launch a takeover of BP any time soon, proceeds from sales have so far enabled him to buy 2,000 shares in the company. Koselleck has been in the UK helping the campaign group Platform with their campaign to stop BP's 20-year relationship with the Tate and end oil sponsorship of the arts. Platform claim BP is using the art gallery to gain social acceptance and that a high-profile brand like the Tate would have little difficulty finding alternative funding. The gallery refuses to disclose how much the sponsorship deal is worth but estimates suggest around £385,000. Ex-BP chief executive John Browne is also chair of the Tate's board of trustees. Protestors from another campaign group Liberate Tate made their own protest in April this year when they entered Tate Britain and poured an oil-like liquid over a demonstrator. Kosselleck says...

Full article: http://www.theecologist.org/News/news_analysis/1149771/ar...

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