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Keyword: deepwaterhorizon

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  • Trump Opens Doors on Oil Exploration, but Deeper Reforms Still Needed

    05/03/2017 8:56:11 PM PDT · by Tolerance Sucks Rocks · 11 replies
    The Daily Signal ^ | April 28, 2017 | Nicolas Loris
    In another move to free up domestic energy supplies, President Donald Trump signed an executive order Friday aimed at lifting the Obama administration’s offshore drilling restrictions.For decades, bad policies have blocked access to America’s abundance of domestic resources, yet America has still managed to be a global energy leader. Trump’s executive order, “Implementing an America-First Offshore Energy Strategy,” could unleash further success in the energy sector.The economic potential sitting just off America’s coasts is enormous. The Outer Continental Shelf is awash with natural resources, containing an estimated 86 billion barrels of oil and 420 trillion cubic feet of natural gas.Realizing...
  • The Oil Spill Stories that even the Conservative Media Refuse to Cover

    06/17/2010 7:45:53 AM PDT · by Welshman007 · 22 replies · 920+ views
    Conservative Examiner ^ | 6/17/2010 | Anthony G. Martin
    As the deepening crisis of the catastrophic Gulf oil disaster continues to unfold, several oil spill stories of major importance have been virtually ignored. Even the conservative media have refused by and large to cover these stories. Conservative Examiner was among the first to break these stories, yet to this day not a single major media outlet has been willing to report them, not even Fox News or conservative talk radio. These stories are explosive, conclusive, factually verified, and of utmost importance to understanding what is truly happening in the Gulf and the scenario that led to it. First, on...
  • BP estimates Deepwater Horizon liabilities

    07/17/2016 9:37:05 PM PDT · by Rabin · 4 replies
    Oilpro News Desk ^ | July 15, 20162 days ago | Staff
    BP expects to take an after-tax non-operating charge of around $2.5 billion in its 2Q 2016 results, a total charge to the disaster of $61.6 billion.
  • I Was an Oil Spill Scapegoat

    11/09/2015 6:49:18 AM PST · by originalbuckeye · 19 replies
    WSJ ^ | 11/8/15 | Kurt Mix
    At 6:30 a.m. on April 24, 2012, federal agents, wearing Kevlar vests and with guns drawn, raided my home in Katy, Texas, with a warrant for my arrest. This was as shocking to me as it would be for any normal, law-abiding citizen. I’m not a drug dealer, violent criminal or money launderer. I’m an engineer. In 2010 I helped stop the BP oil spill after an explosion on the Deepwater Horizon drilling rig left a damaged well spilling crude directly into the Gulf of Mexico. On the morning of the raid I left early for work, so I was...
  • Low Oil Price May Stifle Deepwater Drilling And Oil Sands But Not Fracking

    03/01/2015 8:53:15 AM PST · by thackney · 27 replies
    Forbes ^ | 3/01/2015
    Saudi Arabia and OPEC may have dropped oil prices to stifle production in the U.S. and other competing nations, but they didnt drop it enough to stifle the U.S. oil and gas boom from fracking, a senior expert with McKinsey and Company said in Chicago. If the Saudis think theyre going to put U.S. shale players out of business, theyre probably not, although there will be less drilling, Joe Quoyeser told about 125 people, mostly graduate students, at Northwestern Universitys Kellogg Energy Conference on Wednesday. But there are other elements of oil supply that are needed to balance the market...
  • Blown out well seals off gas leak by itself; operators lucky, experts say

    07/25/2013 6:32:14 PM PDT · by thackney · 3 replies
    Fuel Fix ^ | July 25, 2013 | Emily Pickrell and Zain Shauk
    Natural gas stopped flowing from a runaway well in the Gulf of Mexico after sediment in the well blocked the uncontrolled flow, federal authorities reported Thursday. The Bureau of Safety and Environmental Enforcement said the well bridged over, meaning small pieces of sediment and sand flowed into the well path, restricting the flow and countering the pressure. A fire that had engulfed a portion of the Hercules 265 jack-up rig was put out early Thursday morning, according to a Coast Guard report to Congress. They are lucky, said Bud Danenberger, a consultant and former chief of offshore regulatory programs at...
  • Oil Rigs Owner Settles Gulf Spill Case for $1.4 Billion

    01/03/2013 12:51:29 PM PST · by Brad from Tennessee · 11 replies
    New York Times ^ | Jan. 3, 2013 | By THE ASSOCIATED PRESS
    NEW ORLEANS (AP) The Justice Department reached a $1.4 billion settlement Thursday with Transocean Ltd., the owner of the drilling rig that sank after an explosion killed 11 workers and spawned the massive 2010 oil spill in the Gulf of Mexico. The proposed settlement resolves the department's civil and criminal probes of Transocean's role in the Deepwater Horizon rig disaster. It requires the Switzerland-based company to pay $1 billion in civil penalties and $400 million in criminal penalties and plead guilty to a misdemeanor charge of violating the Clean Water Act, according to a court filing. . .
  • Petrobras gets permit for U.S. deep waters

    03/23/2011 9:59:17 AM PDT · by Lucky9teen · 56 replies
    WASHINGTON, March 18 (UPI) -- Washington has given Petrobras America Inc. permission to start oil and gas production in the Gulf of Mexico, a regulator said. The Bureau of Ocean Energy Management, Regulation and Enforcement gave Petrobras approval to use a floating production storage offloading facility at its Cascade-Chinook project in the Gulf of Mexico. The approval marks the first time FPSO technology will be used in U.S. waters of the Gulf of Mexico. The oil and gas project is about 165 miles off the coast of Louisiana in 8,200 feet of water. The FPSO has a production capacity of...
  • How the White House Delivered a Crushing Economic Blow to the Gulf

    08/20/2012 4:23:48 PM PDT · by bayouranger · 31 replies
    pjmedia ^ | 20AUG12 | by Sen. David Vitter
    PJM EXCLUSIVE: Louisiana's GOP senator on how the cover-up to trump sound science in favor of political ideology keeps growing with each chapter. Heres the book-jacket teaser: A major U.S. environmental disaster strikes. As Coast Guard and other heroes struggle to contain the unprecedented damage, a different scene unfolds in a dimly lit conference room in Washington. A small group of high-ranking political hacks and overzealous ideologues see an opportunity to manipulate the situation to advance their agenda. They doctor a key report on the disaster by experts in order to justify shutting down all exploration and new production. They...
  • Feds make 1st arrest in BP oil spill case

    04/24/2012 10:08:38 AM PDT · by Nachum · 20 replies
    ap ^ | 4/24/12 | ap
    NEW ORLEANS (AP) -- The Justice Department says the first criminal charges in the Deepwater Horizon disaster have been filed against a former BP engineer who allegedly destroyed evidence. Kurt Mix, of Katy, Texas was arrested on charges of intentionally destroying evidence. He faces two counts of obstruction of justice.
  • Obama administration may have edited 2010 report to favor Gulf oil drilling moratorium

    04/20/2012 6:22:02 AM PDT · by LucianOfSamasota · 13 replies
    Human Events ^ | 4/03/2012 | Audrey Hudson
    The Obama administration was subpoenaed Tuesday for documents that congressional investigators hope would shed light on how a government report was edited to indicate experts endorsed a moratorium on oil drilling in the Gulf following the Deepwater Horizon tragedy. Interior Department officials have refused to comply with repeated requests from the House Resources Committee to provide documents that lawmakers say would show if political appointees at the agency or White House were involved in the editing decision and whether it was intentional.
  • The Kerry Line: Kerry Supports Offshore Drilling in Florida

    04/23/2004 2:07:29 PM PDT · by RWR8189 · 23 replies · 319+ views
    George W. Bush ^ | April 23, 2004
    "I am committed to preserving Florida's natural beauty There is no ambiguity in my position on drilling off the coast of Florida." - President Bush, 4/23/04 Kerry Supports Offshore Drilling In Florida Kerry Says He Favors Drilling Off The Coast Of Florida. "But Kerry said he would be in favor of drilling off the coast of Florida. 'I support oil drilling in the right places,' Kerry said. 'There is a capacity to protect what we have today - the protections for the coast of Florida - and still be able to drill in those locations where they're already...
  • Gulf Deepwater Drilling Bans Hidden Victims

    02/01/2012 12:41:43 PM PST · by raptor22 · 7 replies · 1+ views
    Investor's Business Daily ^ | Feberuary 1, 2012 | IBD staff
    Energy: Small- and medium-size businesses serving Louisiana's energy industry are shedding employees, dipping into personal savings or moving elsewhere to stay afloat. The administration's war on fossil fuels is taking its toll. The federal six-month moratorium on drilling that was issued in May 2010, after the explosion of the Deepwater Horizon oil rig, has been officially lifted, but it might as well still be in effect. The glacial permitting process put in place in the aftermath in the name of public safety is killing an industry pledged to wean us from the "energy of the past" will not mourn. A...
  • Is Deepwater Horizon the New Ecuador?

    01/31/2012 9:37:30 AM PST · by bananaman22 · 2 replies
    oilprice.com ^ | 01/30/2012 | Daniel Graeber
    Nearly two years after the worst accidental offshore oil spill in the history of the energy industry, some of the biggest companies in the world are busy pointing their legal fingers at one another in court over who has to pay what in claims, damages and fines over the deadly Deepwater Horizon oil spill. A federal judge this week ruled that BP is still obligated to a clause in its contract with Transocean that would protect the rig owner from damages related to the spill. That means BP still has to shell out money to settle claims filed by those...
  • Environmental Scientist Caught Agreeing To Ignore Her Own Data, Make Up New Claims

    12/13/2011 12:19:01 PM PST · by Mount Athos · 12 replies
    Wizbang Blog ^ | December 12, 2011 | Kevin
    Dr. Ann Maest is a managing scientist at Straus Consulting, and shes the go to expert on all things groundwater. In the press release announcing her reappointment to the National Academy of Sciences, they mention that she is focused on the environmental effects of mining and petroleum extraction and production, and, more recently, on the effects of climate change on water quality. Maest is in high demand as an expert for those looking to stop oil and mineral exploration. Shes also heavily used by the federal government, even though after new details about her past work are coming to light...
  • Kern County's rich oil field of history

    11/28/2011 6:03:41 PM PST · by thecodont · 12 replies
    Los Angeles Times / LATimes.com ^ | November 27, 2011 | By Jay Jones, Special to the Los Angeles Times
    Reporting from Taft, Calif. Anywhere else, linking an aromatic cup of coffee and a gooey glob of oil would quickly kill a restaurant. Not so in Taft, Calif., the Taft Crude Coffee House is a popular stop for hot coffee or iced mocha. And in an era when oil spills tend to be environmental disasters, people here are happy to provide directions to the Lakeview Gusher, even though it spewed more than 9 million barrels of oil, nearly twice the amount spilled in 2010 from the Deepwater Horizon, the ill-fated British Petroleum rig in the Gulf of Mexico. Over 18...
  • Anadarko to Pay BP $4 Billion for Deepwater

    10/17/2011 12:50:40 PM PDT · by smokingfrog · 4 replies
    WSJ ^ | 17 Oct 2011 | Guy Chazan
    LONDONAnadarko Petroleum Co. agreed to pay BP PLC $4 billion to settle all claims between the two companies arising from the Gulf of Mexico oil spill, a development that reduced uncertainty about the British oil giant's ultimate liability for last year's disaster. Anadarko also will drop its allegations of gross negligence against the oil giant, a move which could increase the pressure on contractors Halliburton Co. and Transocean Ltd. to come to terms with BP. Legal observers say Anadarko's move was seen as likely after a final report by U.S. investigators last month into the causes of the Deepwater Horizon...
  • Drill, Cuba, Drill

    09/22/2011 4:55:50 PM PDT · by Kaslin · 20 replies
    IBD Editorials ^ | September 22, 2011 | Staff
    Energy Policy: Deep-water drilling will resume in the Florida Strait when a giant, semi-submersible oil rig en route from Singapore arrives later this fall. The bad news is it will not be American. While U.S. oil and energy prices "necessarily skyrocket," as President Obama once said they would under energy policies that have imposed a de facto ban on offshore drilling, a massive Chinese-built semi-submersible oil rig is on its way from Singapore to a drilling position off northwest Cuba perhaps as little as 50 miles from Key West, Fla. The long-predicted move could come as early as November, as...
  • Report spreads oil spill blame on BP, RIG, HAL ( Deep water Horizon Oil Spill 2010 )

    09/14/2011 12:19:52 PM PDT · by Ernest_at_the_Beach · 15 replies
    MarketWatch ^ | Sept. 14, 2011, 10:42 a.m. EDT | Steve Gelsi
    NEW YORK (MarketWatch) -- The U.S. said Wednesday a 17-month study into the causes of the April 20, 2010 explosion of the Deepwater Horizon rig and the leak in the Macondo oil well that triggered the largest maritime oil spill in U.S. history revealed the violation of "a number of federal offshore safety regulations" by BP PLC
  • WHOI study reports microbes consumed oil in Gulf slick at unexpected rates

    08/01/2011 2:06:36 PM PDT · by Red Badger · 33 replies
    http://www.physorg.com ^ | 08-01-2011 | Provided by Woods Hole Oceanographic Institution
    More than a year after the largest oil spill in history, perhaps the dominant lingering question about the Deepwater Horizon spill is, "What happened to the oil?" Now, in the first published study to explain the role of microbes in breaking down the oil slick on the surface of the Gulf of Mexico, Woods Hole Oceanographic Institution (WHOI) researchers have come up with answers that represent both surprisingly good news and a head-scratching mystery. In research scheduled to be published in the Aug. 2 online edition of Environmental Research Letters, the WHOI team studied samples from the surface oil slick...