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Judge Puts Deepwater Horizon Trial on Hold

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U.S. District Judge Carl Barbier, who will ultimately put a price tag on the worst oil spill in American history if the many lawsuits against BP go to trial, has given the oil giant and its many, many plaintiffs another week to reach a settlement.

What Oil Spill? Transocean Hands Out Bonuses for Best Safety Year Ever

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Even Wall Street executives have to be smacking their heads over this one The company that ran the Deepwater Horizon oil rig (before it exploded, killing 11 and filling the Gulf of Mexico with oil) has decided to give its executives bonuses for achieving "the best year in safety performance in our company's history" There are no words .

Halliburton Blamed for Shoddy Construction in Gulf Oil Disaster

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Three of four tests showed that the cement mixture used by Halliburton in the construction of BP's ill-fated oil well in the Gulf was unstable, but the mixture was used anyway, a presidential commission investigating the disaster has found. The only successful test, which BP did not know about, has since come under suspicion.

R.I.P. Gulf Oil Well

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It looks like the ruptured oil well in the Gulf of Mexico is officially dead. The procedure to seal the well -- or in oil industry terms, to "kill" it -- has been pronounced a success, providing an unceremonious end to the spilling of millions of barrels of oil into the Gulf.

The Giant Cloud of Oil Hiding in the Gulf

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The Woods Hole Oceanographic Institution is raining on Uncle Sam and BP's well-capping parade. Researchers at the institute say a 22-mile-long, 1.2-mile-wide oil plume deep under the Gulf's surface is degrading much slower than the government's more optimistic claims.

Big Oil's War on Earth
Larry's List

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Today on the list: The places that make the Gulf spill look like a national park, Elizabeth Warren (yay) vs. Timothy Geithner (boo), Syria bans the veil, and the strange things men pay prostitutes to do (as if you don't already know).

Humor

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Based on the record ratings for its special featuring LeBron James' announcement of his new team, ESPN announced that instead of airing NBA games, it would schedule two-hour specials showing the rich guy cashing his ginormous paychecks.

If Only Information Flowed as Freely as Oil

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"Deep Spill 2" sounds like a sequel to a Hollywood thriller. Unfortunately, it is more of a reality show. "Deep Spill 2" is the name of an ambitious series of proposed scientific experiments that should be happening right now.

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