44 workers have been evacuated from the platform. The rig is in the Gulf of Mexico which is where the Deepwater Horizon rig exploded in 2010, leaking (more…)
The tragic 2010 blowout at the BP Deepwater Horizon oil platform left the United States and world in shock, as massive quantities of crude oil streamed unabated from the undersea well. Everyone looked on as scientific experts helplessly tried for three months to plug a hole one-half mile below the water surface. The blowout was finally ceased when a new well was drilled (more…)
Two years ago, an explosion on BP’s Deepwater Horizon drilling platform killed 11 workers and marked the beginning of a prolonged environmental disaster now acknowledged as the worst in American history. Before the Macondo well was finally capped, more than two hundred million gallons of crude oil had gushed into the Gulf of Mexico, killing untold (more…)
Some recent stories in the press have attempted to paint a picture that an agreement on energy issues signed during the President’s trip to Brazil shows a lack of commitment to domestic oil and gas production. Let’s be clear – this administration is committed to developing a broad range of energy sources, and we (more…)
Investigators working to piece together the data that workers on the Deepwater Horizon saw in the rig’s final hours have run into a roadblock, according to a letter sent Monday to the presidential panel’s commissioners.
A company called National Oilwell Varco, an offshore drilling company, provided the (more…)
In the aftermath of Deepwater Horizon, BP’s stocks have rallied, Halliburton has been named to the Dow Jones Sustainability Index and many people are wondering if the world has slipped into a self-induced amnesia.
(Reuters) – The U.S. government confirmed on Sunday that BP Plc has succeeded in permanently plugged its runaway Macondo well, closing the first chapter in the worst oil spill in U.S. history.
Here are some questions and answers on how things might play out for BP, the U.S. offshore industry and the Gulf’s fragile ecosystem. (more…)
Today, a panel of government scientists released a report which said that the vast majority of the oil from the Deepwater Horizon oil spill has either evaporated or been burned, skimmed, recovered from the wellhead or dispersed much of which is in the process of being degraded. A significant amount of this is the direct result of the federal government’s aggressive (more…)
The same day BP finally threw a cap over their spewing oil well in the Gulf of Mexico (which is expected to be as effective as celebrity rehab) the non-profit Artists & Athletes Alliance held a private discussion with Philippe Cousteau about the epic Gulf disaster. Event attendees, like Jorga Fox, Alyssa Milano, Stephen Baldwin and Jason Mraz, were treated to Cousteau’s inside information about the spill and it’s consequences, and got a rare glimpse of his feisty Irish side when discussing BP, the government, and our dependence on fossil fuels.
Frustrated with the media’s B-level response to the BP oil spill, Cousteau decided it was time for (more…)
The companies now threatening to sue BP have only themselves to blame.
Call me a hard-hearted bastard, but I’m finding it difficult to summon up the sympathy demanded by the institutional investors now threatening to sue BP. They claim that the company inflated its share price by misrepresenting its safety record. I don’t know whether this is true, but I do know that the investors did all they could not to find out. They have just been presented with the bill for the years they spent shouting down anyone who questioned the company.
They might not have been warned by BP, but they were warned repeatedly by environmental groups and ethical investment funds. Every year, at BP’s annual general meetings, they were invited to ask the firm to provide more information about the environmental and social risks it was taking. Every year they voted instead for BP to keep them in the dark. While relying on this company for a disproportionate share of (more…)