18,000 MILE TRIP ADDS ANOTHER GIANT OIL RIG TO DRILLING IN THE GULF OF MEXICO. Operation owned jointly by Royal Dutch Shell and BP brings a huge platform from South Korea, to be assembled at a port in Texas, then to join a slew of rigs seeking to extend the producing life of the [...]
LASSO THAT ICEBERG, COWBOY! Exxon Mobil prepares massive oil drilling off the coast of Newfoundland, ironically near the point at which the Titanic was sunk by an iceberg. To ally any fears that another iceberg could produce an even larger environmental disaster, the company plans to construct concrete towers taller than the Eiffel Tower [...]
Oil giant BP has been hit with a “record” fine from the federal government as liability for 2010′s deadly explosion and subsequent oil spill in the Gulf of Mexico. It’s only one step in a lengthy claims process over spill damage that will likely take many more months to conclude. But breathless coverage over the [...]
Two years ago, the cataclysmic fire and spill at BP’s Deepwater Horizon drilling rig in the Gulf of Mexico captured the nation’s attention, sullied the oil giant’s corporate reputation and brought the dangerous form of oil exploration the Gulf is known for to a halt. Today, the process to return BP and drilling operations in [...]
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