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Arctic nations' oil spill plans too vague: Environmentalists

2013-02-04 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Plans by Arctic nations to start cooperating over oil spills are vague and fail to define corporate liability for any accidents in an icy region opening up to oil and gas exploration due to global warming, environmentalists said on Monday. A 21-page document by the eight-nation Arctic Council, seen by Reuters and due to be approved in May, says countries in the region "shall maintain a national system for responding promptly and effectively to oil pollution incidents." It does not say what...

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Drilling Rig's Thick Hull Helps Prevent Oil Spill

2013-01-08 08:38:00| Climate Ark Climate Change & Global Warming Newsfeed

National Public Radio: A Shell Oil drilling rig has been pulled of the rocks, where it washed up a week ago during a storm. It has been towed to a bay where divers will inspect it for damage. The incident raises questions about the oil company's controversial plans to continue exploring for oil in the Arctic Ocean this summer.

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VIDEO: Transocean agrees oil spill fine

2013-01-04 06:13:59| BBC News | Business | UK Edition

Transocean, which owned the Deepwater Horizon oil rig, has agreed to a settlement with the US government.

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Transocean agrees oil spill fine

2013-01-03 19:30:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: Transocean, which owned the Deepwater Horizon oil rig, has agreed to a settlement with the US government. The Swiss-based company will pay $400m (248m) in criminal penalties and a $1bn civil fine after pleading guilty to violating the Clean Water Act. The rig, which was leased by BP, exploded on 20 April 2010, killing 11 workers. The oil spill damaged the Gulf of Mexico coast causing one of the biggest environmental disasters in US history. In November, BP agreed a settlement with the...

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Transocean agrees oil spill fine

2013-01-03 19:29:30| BBC News | Business | UK Edition

Transocean, which owned the Deepwater Horizon oil rig, agrees a $1.4bn (867m) settlement with the US government for violating the Clean Water Act.

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