transocean

BP and the Three Stooges Defense

Sep 11, 2014
Although US District Judge Carl Barbier found BP liable for “gross negligence” last week, some U media failed to mention that he let BP off the hook on punitive damages And that stuns me, given that the record seems to identify enough smoking guns to roast a sizable pigU District Judge Carl Barbier let BP off the hook on punitive damages last week, which stuns me, given that the record seems to identify enough smoking guns to roast a sizable pig .
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BP Passes the Buck

Sep 8, 2010
That whole Gulf of Mexico oil spill thing? It wasn't just BP's fault -- or so says BP. The oily megacorp released an internal report Wednesday that pointed to "multiple companies and work teams" that also, in BP's humble estimation, shoulder some of the blame for the disaster.

Alarms Were Disabled on Doomed Oil Rig

Jul 24, 2010
A chief engineer has testified to a federal panel investigating the explosion of the Deepwater Horizon that, despite his repeated admonishments, alarms and other safety systems aboard the offshore oil rig had been left disabled or unrepaired in the months leading up to the catastrophic April 20 blast.

Big Oil Is Still Boss

Jun 10, 2010
A lot of pundits want President Barack Obama to turn terrible tempered in his handling of the Gulf of Mexico disaster. These critics ignore the real issue -- the death grip the oil industry has on Washington and the state capitals of oil-producing states.

BP Goes In for the Top Kill

May 27, 2010
The news that British Petroleum began its latest attempt to contain the massive Gulf of Mexico oil spill Wednesday afternoon with the "top kill" stopgap strategy would be more heartening if it didn't come so late in the game -- and if there was more of a guarantee that it would do the job.

Verify, Baby, Verify!

May 12, 2010
“Drill, baby, drill!” Those were the words that Sarah Palin used to electrify the 2008 Republican National Convention. But while she popularized that environment-be-damned slogan, it had already defined the eight years of oil-drilling policy that prevailed during the presidency of George W. Bush. “Drill, baby, drill!” Those were the words that Sarah Palin used to electrify the 2008 Republican National Convention.

Clash of the Oil Titans

May 11, 2010
In the messy wake of the BP Gulf of Mexico disaster, three giants of the oil industry -- the aforementioned British Petroleum, perennial favorite Halliburton and Transocean -- were butting heads and looking to stick each other (continued).