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Analysis: BP's legal gamble may trim spill bill by billions
2013-04-22 07:37:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: BP Plc's attempt to get a U.S. federal court to pin at least a sizeable amount of the blame for the Deepwater Horizon disaster on other companies may have saved it billions of dollars. After failing to settle claims from the 2010 Gulf of Mexico spill through negotiations, the British oil company opted in February to go to trial with plaintiffs ranging from small businesses to the U.S. government over the damages it will face. The decision rests with U.S. District Court Judge Carl Barbier, who...
Tags: legal
analysis
bill
trim
Study finds cities could save billions of dollars by investing in resilience
2013-04-20 09:00:32| Industrial Machines - Topix.net
In 2012, the costs of such damages totaled approximately US$160 billion worldwide.
Nigeria loses billions in revenue due to oil theft in the Niger Delta
2013-04-16 01:00:00| Hydrocarbons Technology
Royal Dutch Shell said that oil theft in the Niger Delta, Nigeria, is costing the country billions of dollars a year in lost revenue, as well as putting tremendous pressure on Shell Nigeria staff.
TIPRO: Oil And Gas Industry Boosts Economy By Billions, But Feds Threaten
2013-04-05 19:00:00| OGI
Officials warn that without fracing, economy could stop dead in its tracks.
Tags: industry
gas
oil
economy
Cape Wind wins billions in backing, launches offshore wind in the U.S
2013-03-27 12:08:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: What do you do when local opposition to an offshore wind farm project dries up, when the NIMBY crowd runs out of steam, when the federal government gives the green light and extends every permit and courtesy the law will allow, when the technology is tested and proven, and theres nothing left to do but build it? Well, then you go looking for money lots of it. After more than a decade of preparation, the Massachusetts wind energy company Cape Wind has done just that and the results are looking...
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