Taggato: Oil

California Oil Drilling: Congress Considers Offshore Drilling

California Oil Drilling: Congress Considers Offshore Drilling

Nearly a year after a BP oil rig exploded in the Gulf of Mexico and created one of the largest environmental catastrophes of all time, federal lawmakers are considering encouraging drilling off the West Coast, including the rich oil beds off…

BP Alaska Oil Spill Penalty To Cost Company $25 Million

BP Alaska Oil Spill Penalty To Cost Company $25 Million

WASHINGTON – BP has agreed to pay a $25 million civil penalty plus interest to settle a federal investigation into a 2006 pipeline oil spill on Alaska’s North Slope, according to court papers filed on Tuesday.The oil spill in Alaska is one o…

Polar Bear Cub Rescued At Alaska Oil Field

Polar Bear Cub Rescued At Alaska Oil Field

ANCHORAGE, Alaska — Wanted: A zoo for an orphaned polar bear cub that was rescued at an Alaska oil field.Officials from the Alaska Zoo in Anchorage were helping to escort the 17-pound cub from the North Slope, the U.S. Fish and Wildlife Ser…

Obama Keeps Pushing To End Tax Breaks For Oil Companies

Obama Keeps Pushing To End Tax Breaks For Oil Companies

WASHINGTON — President Barack Obama says oil companies are profiting from rising pump prices and he wants Congress to end $4 billion in annual tax breaks for the oil and gas industry.”These tax giveaways aren’t right,” Obama said in his wee…

Obama Weekly Address: End Tax Breaks For Oil And Gas Industry

Obama Weekly Address: End Tax Breaks For Oil And Gas Industry

JIM KUHNHENN, Associated PressWASHINGTON – President Barack Obama says oil companies are profiting from rising pump prices and he wants Congress to end $4 billion in annual tax breaks for the oil and gas industry.”These tax giveaways aren’…

Lan Diep Helps Vietnamese Fishermen Affected By BP Oil Spill

Lan Diep Helps Vietnamese Fishermen Affected By BP Oil Spill

The Mississippi Center for Justice was looking for help reaching out to the Vietnamese fishing community after the BP oil spill, so they posted a job opportunity on their website. The job required someone with five years experience and mid-l…

BP Finds Unexploded WWII Mine Near North Sea Oil Pipeline

BP Finds Unexploded WWII Mine Near North Sea Oil Pipeline

LONDON, April 27 (By Alex Lawler) – A North Sea oil pipeline which handles 40 percent of the UK’s production may have to be shut down briefly later this year due to the discovery of an unexploded German mine from World War Two.The mine was f…

Obama To Congress: Join Boehner And Me In Slashing Oil Subsidies

Obama To Congress: Join Boehner And Me In Slashing Oil Subsidies

WASHINGTON — President Barack Obama pressed Congressional leaders Tuesday to take “immediate action” to slash tax breaks for the oil and gas industry and reinvest in clean energy — and aligned himself with Speaker John Boehner (R-Ohio)…

John Boehner Open To Repealing Oil Company Tax Breaks (VIDEO)

John Boehner Open To Repealing Oil Company Tax Breaks (VIDEO)

WASHINGTON — House Speaker John Boehner said Monday that Congress should “take a look at” repealing the multibillion-dollar tax subsidies enjoyed by the major oil companies.The Ohio Republican told “ABC World News” that the government is lo…

Gulf Oil Spill Research Funding Coming Too Late, Scientists Warn

Gulf Oil Spill Research Funding Coming Too Late, Scientists Warn

NEW ORLEANS — Scientists say it is taking far too long to dole out millions of dollars in BP funds for badly needed Gulf oil spill research, and it could be too late to assess the crude’s impact on pelicans, shrimp and other species by the …

Obama’s Oil Market Fraud Squad May Miss Wall Street Abuses

Obama’s Oil Market Fraud Squad May Miss Wall Street Abuses

WASHINGTON — On Thursday, President Obama unveiled a new working group to combat any fraud or manipulation in the oil and energy markets that may be contributing to near-record gas prices. But some economists and market experts worry that b…

Greenpeace Activists Occupy Oil Rig In Arctic Drilling Protest

Greenpeace Activists Occupy Oil Rig In Arctic Drilling Protest

ANKARA, Turkey — Greenpeace activists climbed aboard an oil rig off Istanbul on Friday in a bid to prevent it from reaching Greenland to begin deep-water drilling in the Arctic, but the vessel continued on its course undeterred.The environm…

BP Sues Cameron International, Blowout Preventer Maker, For Device That Failed To Stop Oil Spill

BP Sues Cameron International, Blowout Preventer Maker, For Device That Failed To Stop Oil Spill

NEW ORLEANS — BP is suing the maker of the device that failed to stop last year’s calamitous Gulf oil spill, alleging negligence that the oil giant says helped cause the disaster.The British company says in papers filed in federal court in …

Gulf Oil Spill One Year Later: The Most Powerful Photos

Gulf Oil Spill One Year Later: The Most Powerful Photos

One year after BP’s Deepwater Horizon oil rig explosion in the Gulf of Mexico killed 11 offshore workers and triggered one of the largest environmental disasters in U.S. history, the effects are still felt and seen along the Gulf Coast. Some…

Gulf Oil Spill Day Of Remembrance: Vigils Planned Across Region, Victims’ Families To Fly Over Disaster Site

Gulf Oil Spill Day Of Remembrance: Vigils Planned Across Region, Victims’ Families To Fly Over Disaster Site

NEW ORLEANS — Relatives of some of the 11 men who died aboard the Deepwater Horizon oil rig are flying over the Gulf of Mexico on Wednesday, back to the epicenter of the worst offshore oil spill in the nation’s history.Meanwhile, on land, v…

Obama Praises Gulf Workers On Year Anniversary Of BP Oil Spill

Obama Praises Gulf Workers On Year Anniversary Of BP Oil Spill

WASHINGTON — President Barack Obama is noting the one-year anniversary of the explosion of the Deepwater Horizon oil rig in the Gulf of Mexico, paying tribute to the 11 men killed and thanking the thousands of responders who “worked tireles…

Nil, Baby, Nil: Congress Fails To Pass A Single Oil Spill Law

Nil, Baby, Nil: Congress Fails To Pass A Single Oil Spill Law

NEW YORK — Soon after his son Gordon died in the Deepwater Horizon explosion last April, Keith Jones made eight trips to Washington D.C. to push for stronger safety measures in offshore oil drilling and to increase the compensation paid to …

9 Must-Read Books On The Gulf Oil Spill

9 Must-Read Books On The Gulf Oil Spill

A year after millions of barrels of oil were spilled into the Gulf of Mexico from BP’s Macondo well, much ink has been spilled on the “second draft” of history.Read More…
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Oil Prices Drop To $120 Average On Concerns About Low Demand

Oil Prices Drop To $120 Average On Concerns About Low Demand

LONDON (Jessica Donati and Caroline Copley) – Brent crude oil fell on Tuesday, slipping below $120 a barrel for the first time in two weeks, pressured by concern about the economic outlook and that high prices could erode demand.Expectations…

One Year After BP, Congress Has Yet To Change Oil Spill Liability Cap

One Year After BP, Congress Has Yet To Change Oil Spill Liability Cap

WASHINGTON — One year after a disastrous months-long oil spill in the Gulf of Mexico, Congress remains mired in disagreement over how much money victims of future catastrophes should be granted to cover the economic damages they incur. Legi…

After The Oil Spill: 11-Year-Old Draws Birds For Recovery Efforts

After The Oil Spill: 11-Year-Old Draws Birds For Recovery Efforts

“I just wanted to help out,” Olivia Bouler said. “So I came up with this idea.”Olivia, an 11-year-old Long Island native, spent a lot of time near the Gulf growing up, watching birds near her grandparents’ home in Alabama. Although both of …

Gulf Oil Spill Cleanup Workers Report Mysterious Illnesses Year After Disaster

Gulf Oil Spill Cleanup Workers Report Mysterious Illnesses Year After Disaster

As the one-year anniversary of the BP oil spill approaches, some scientists have deemed the health of the Gulf of Mexico as “nearly back to normal,” though countless workers involved in cleaning up the aftermath of the disaster are reporting…

Gulf Dolphin Deaths Study Thwarted By Federal Practices, Scientists Say

Gulf Dolphin Deaths Study Thwarted By Federal Practices, Scientists Say

BILOXI, Mississippi (Leigh Coleman) – A federal agency’s practice of returning weakened dolphins to deeper Gulf of Mexico waters is thwarting efforts to probe dolphin deaths after last year’s BP oil spill, scientists said on Saturday.The N…

Fracking Process Led Oil And Gas Companies To Inject Chemicals Into Wells, Investigation Finds

Fracking Process Led Oil And Gas Companies To Inject Chemicals Into Wells, Investigation Finds

WASHINGTON — Oil and gas companies injected hundreds of millions of gallons of hazardous or carcinogenic chemicals into wells in more than 13 states from 2005 to 2009, according to an investigation by Congressional Democrats.Read More…

Libyan Rebels Reportedly Reach Brega, A Strategic Oil Town

Libyan Rebels Reportedly Reach Brega, A Strategic Oil Town

AJDABIYA, Libya — Libya’s rebel forces advanced once again to the strategic oil town of Brega thanks to four days of airstrikes by NATO, a rebel officer said Saturday.Following scattered clashes with government forces, the rebels reached th…

Major Olive Oil Brands Fail Quality Tests

Major Olive Oil Brands Fail Quality Tests

That premium extra-virgin olive oil you shelled out a little extra for may not be quite as premium as you’d hoped, according to a second study released yesterday by the UC Davis Olive Center and the Australian Oils Research Laboratory.Read M…

Gulf Oil Spill: Some Workers Lost In Claims Process

Gulf Oil Spill: Some Workers Lost In Claims Process

WASHINGTON — Danielle Thomas spends much of her day with the phone to her ear, listening to hard-luck stories about Alabama workers still dealing with the fallout of last year’s Gulf oil spill. Thomas is an attorney with a legal-aid group…

Judge Clears Citgo Of $177M Cleanup Of Delaware River For 2004 Oil Spill

Judge Clears Citgo Of $177M Cleanup Of Delaware River For 2004 Oil Spill

PHILADELPHIA — Citgo does not have to pay $177 million in cleanup costs stemming from the massive 2004 spill of crude oil from a tanker nearing its dock on the Delaware River, a federal judge has ruled.The judge cleared Citgo of liability i…

SEC Delays Corporate Anti-Corruption Measure

SEC Delays Corporate Anti-Corruption Measure

WASHINGTON — Oil and mining interests are fighting back against an anti-corruption measure included in last summer’s financial reform package that was supposed to go into effect at the end of this week.Despite a statutory April 15 deadline,…

Gulf Coast Officials Spend Millions Of BP’s Money On Items Unrelated To Oil Spill

Gulf Coast Officials Spend Millions Of BP’s Money On Items Unrelated To Oil Spill

NEW ORLEANS — In the year since the Gulf oil spill, officials along the coast have gone on a spending spree with BP money, dropping tens of millions of dollars on gadgets, vehicles and gear – much of which had little to do with the cl…