ocean energy

BP to pay $7.8 bn to victims of oil spill


March 5th, 2012 - 11:13 am ICT by IANS
London, March 5 (IANS/EFE) British oil supermajor BP Plc said it has reached an out-of-court settlement estimated at $7.8 billion with victims of the 2010 Gulf of Mexico oil spill.In ... Read more...

Posted in Uncategorized |

US allows BP to drill new Gulf deepwater wells


October 22nd, 2011 - 4:49 pm ICT by IANS
Washington, Oct 22 (IANS) The US has approved British oil giant BP's plan to drill new deepwater wells in the Gulf of Mexico.The project would be BP's first such well ... Read more...

Posted in Business |

US blames BP’s poor decisions for Gulf oil spill


September 15th, 2011 - 12:06 pm ICT by IANS
Washington, Sep 15 (IANS/EFE) Poor management decisions by BP Plc at its Macondo well in the Gulf of Mexico were the main causes of last year's disastrous oil spill, ... Read more...

Posted in Business |

BP seeks to resume drilling in Gulf of Mexico


April 4th, 2011 - 2:09 pm ICT by ANI
London, Apr.4 (ANI): British petroleum giant BP plc is seeking permission from US regulators, to resume drilling at 10 existing deepwater wells in the Gulf of Mexico, in exchange for adhering to ... Read more...

Posted in World |

Deepwater Horizon rig plugged and “effectively dead”


September 20th, 2010 - 10:35 pm ICT by BNO News
NEW ORLEANS, LOUISIANA (BNO NEWS) -- Five months after the April 20 explosion on the Deepwater Horizon rig, which killed 11 people and spawned the worst U.S. oil spill disaster in history, ... Read more...

Posted in Business |

Disastrous BP oil well finally killed


September 20th, 2010 - 7:00 am ICT by IANS
Washington, Sep 20 (DPA) The final seal on BP PLC's ruptured oil well in the Gulf of Mexico is finally complete, the US official in charge of the disaster said Sunday. Five ... Read more...

Posted in Business |

Seal completed on BP’s Gulf of Mexico disaster well


September 19th, 2010 - 11:50 pm ICT by IANS
Washington, Sep 19 (DPA) The final seal on BP's ruptured oil well in the Gulf of Mexico is complete, the US official in charge of the disaster said Sunday. Five months after the ... Read more...

Posted in World |

Visionary Investment Banker Matthew Simmons Dead


August 10th, 2010 - 7:33 pm ICT by GD
By Madhuri Dey Aug 10, (THAINDIAN NEWS) Matthew Simmons, the visionary investment banker, who upheld in front of the whole world the theory of peak oil production and how the world is moving ... Read more...

Posted in Business |

Michael R. Bromwich To Lead New Oil Agency


June 22nd, 2010 - 7:32 pm ICT by GD
By Ranjan Bhaduri June 22, (THAINDIAN NEWS) A former federal prosecutor was appointed as the director of a government agency that looks after oil and gas development related work and offshore drilling too. ... Read more...

Posted in Politics |

Marine viruses may contribute to ocean energy


August 30th, 2009 - 3:02 pm ICT by ANI
Washington, August 30 (ANI): A new study has determined that marine viruses which have borrowed a key set of bacterial photosynthetic genes may be contributing more to the oceans' energy production than ... Read more...

Posted in Health Science |

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