Articles Tagged With "Gulf of Mexico"

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BP accuses Halliburton of possible criminal activity

BP accuses Halliburton of destroying computer records about its cementing operations following the Deepwater Horizon rig disaster.

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The BP Deepwater Horizon disaster trial begins soon, could last till 2014

A prolonged court case will begin in early 2012 and will answer the following questions: Who is guilty for the 2010 Deepwater Horizon disaster? Who will pay? And how much?

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Transocean reports poor results due to Deepwater Horizon hangover

The blowback from the 2010 Deepwater Horizon disaster weighs heavily on Transocean’s financial performance in 2011.

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Anadarko and BP cut a deal over the 2010 Gulf oil spill

Anadarko and BP cut a deal over the 2010 Gulf of Mexico oil spill

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Shell’s big little oil spill in the North Sea.

Royal Dutch Shell has been struggling to contain a 1,300 barrel oil spill in the North Sea. Last week the company reported an oil leak from a flow line at the [...]

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Will Tropical Storm Don affect oil production in the Gulf?

A brewing tropical storm in the Gulf of Mexico could bring welcome relief to a parched Texas. It could also threaten the rigs responsible for about 25% of US oil production and 10% of its natural gas output, and the coastal refineries.

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US oil production up, foreign oil imports down

The US economy may be dragging, but domestic oil production is booming, and foreign oil imports are down.

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PEMEX’s big new natural gas discovery

PEMEX hopes to have hit pay dirt with the discovery of a new gas field in the deep waters of the Southern Gulf of Mexico. It only wishes that it were crude oil.

How vulnerable is Cameron International, maker of the blowout preventer on the Deepwater Horizon rig?

Can blowout preventers actually prevent the kind of massive blowout that occured at the BP Deepwater Horizon rig in 2010? The question is on the table following a recent government report, and so is the future of blowout preventer manufacturer Cameron International.

BP sues Transocean, Cameron International, and Halliburton

In a sudden flurry of lawsuits BP has sued Transocean, Cameron International, and Halliburton over their roles in the Deepwater Horizon rig disaster. Countersuits have followed. It is not a fit of pique but a calculated strategy by BP to get other companies to pick up some of the bill for the disaster.