Disaster

Transocean Offers $1.5B to Settle DOJ Claims

Transocean Ltd., which owned the Deepwater Horizon drilling rig, has offered to pay about $1.5 billion to settle U.S. claims for the April 2010 deepwater disaster, according to a Securities and Exchange Commission (SEC) filing on Monday.

September 12, 2012

Interior Issues Final Rule on Offshore Drilling Safety

The Interior Department Wednesday ended its overhaul of offshore safety practices brought about by Deepwater Horizon disaster a little more than two years ago, issuing a final rule on requirements for safety equipment, well control systems and blowout prevention (BOP) practices.

August 17, 2012

California Regulator Predicts Stronger Federal Pipeline Regulation

After touring the site of the San Bruno, CA, pipeline disaster earlier in May, U.S. Transportation Secretary Ray LaHood reiterated that there will be stronger federal regulations of the nation’s natural gas transmission pipelines, according to a member of the California Public Utilities Commission (CPUC) who accompanied a group of federal officials at the site south of San Francisco.

May 31, 2011

NRG CEO: Japan Disaster May Spur U.S. Gas, Coal Power

Power generation developers may be taking new looks at added natural gas- and coal-fired plants as an outgrowth of the reaction to the continuing disaster unfolding at Japan’s Fukushima Daiichi nuclear generating plant, according to the CEO of NRG Energy Inc.

April 25, 2011

Canada’s NEB: Offshore E&P Risk Not Same as Lower 48

After assessing public fear of an Arctic repetition of the Gulf of Mexico drilling disaster, the National Energy Board (NEB) is circulating a reminder that northern Canada has a different regulatory regime than the southern United States.

January 31, 2011

Canada’s NEB: Offshore E&P Risk Not Same as Lower 48

After assessing public fear of an Arctic repetition of the Gulf of Mexico drilling disaster, the National Energy Board (NEB) is circulating a reminder that northern Canada has a different regulatory regime than the southern United States.

January 31, 2011

Salazar Proposes Creation of Institute for Ocean Energy Safety

In response to the Deepwater Horizon disaster, Interior Secretary Ken Salazar Tuesday proposed establishing an “Ocean Energy Safety Institute” to promote research and development (R&D) and training in offshore drilling safety, blowout containment and spill response.

November 3, 2010

BP Pledges Gulf Assets as Spill Fund Collateral

BP plc on Friday pledged a bundle of its U.S. Gulf of Mexico assets as collateral for the $20 billion Deepwater Horizon Oil Spill Trust, which was set up to pay for disaster claims.

October 4, 2010

Hayward’s Grilling by House Lawmakers Yields Little Insight

On the 59th day of the ongoing Macondo well disaster in the Gulf of Mexico BP plc CEO Tony Hayward took a tongue lashing from House lawmakers during a subcommittee hearing that shed little if any light on what caused the nation’s worst environmental catastrophe.

June 18, 2010

Oil Spill Unlikely to Boost Gas Prospects, Says Exec

The U.S. natural gas industry collectively is holding its breath to see whether the grim Gulf of Mexico (GOM) oil spill disaster impacts onshore drilling one way or the other, but in the near term, a positive influence is unlikely, an energy executive said last week.

June 7, 2010
‹ Previous 1 2