Are investors put off by the risks of ultra deepwater drilling after the Deepwater Horizon disaster? If the frenzy down in Brazil is anything to go by – the answer is a staggering no. Brazil’s national oil company, Petrobras, has...
In the middle of potentially America’s worst environmental disaster, BP is attempting to squarely shift the blame for the Deepwater Horizon disaster from itself to Transocean. As BP’s CEO Tony Hayward prepares to meet key Congressmen in Washington today, you...
Just days ago, BP’s CEO Tony Hayward said that the company would keep the oil from the beaches. It is yet another broken promise from the oil giant. Oil has now reached shore in Louisiana on the Chandeleur Islands, an...
Now that BP’s jury-rigged contraption to contain its massive Gulf of Mexico oil spew has failed, the company’s only resort is to continue pumping massive amounts of dispersant into the water near the wellhead, in an attempt to – what...
It’s now been over three weeks since BP’s oil rig Deepwater Horizon exploded, burned and sank in the Gulf of Mexico. These have been hectic weeks for all concerned, no doubt, but the paucity of information available to the public...
One of the ongoing tragedies of the Exxon Valdez oil spill is that thousands of people who worked on the cleanup are sick, have gotten sick, and continue to die from inhaling the lethal cocktail of oil and dispersant. The...
Its time for BP's CEO Tony Hayward to go. His is clearly not capable of stopping this spill. BP’s latest efforts at a "top kill" have failed badly. It may be August now before the spill is stopped. He has...
BP has a problem. No its not the tens of millions of gallons of crude oil floating or submerged in the Gulf of Mexico. No its not the countless wildlife or fish or shrimps dying across the Gulf. No its...
As the clean-up cost for BP’s spill surpasses $3 billion, BP has demanded that its partners to pay about thirteen per cent of the costs so far or $400m. The demands were sent to Deepwater Horizon partners Anadarko – that...
Tensions are rising rapidly over the imminent oil exploration around the Falklands. Yesterday Argentina accused Britain of "whipping up the spectre of war" after the British Prime Minister Gordon Brown, insisted the Falkland Islands were being properly protected to allow...
