Colorado Gov. John Hickenlooper (D) told a Senate committee that he drank a glass of fracking fluid as a way to illustrate safety advances by the oil and gas industry, the Washington Times reported on Tuesday. “We did drink it around the table, almost ritual-like, in a funny way,” Hickenlooper…
Texans can breathe easier: the radioactive waste Halliburton fracking surveyors lost last month has finally been found. The United Arab Emirates-based oil services company told reporters this weekend that an oilfield worker found the rod of americium-241/beryllium alongside a highway near Pecos, Texas. Halliburton reported it missing on September 11,…
Tens of billions of dollars will be at stake when BP heads to a US court this month to determine how much it owes for the massiveGulf of Mexico oil spill and how much it can shift to subcontractors. Several government probes have castigated BP, rig operatorTransocean and Halliburton – which was responsible for…
WASHINGTON — A US court ordered British oil giant BP Tuesday to pay oilfield services company Halliburton for some of the claims stemming from the massive 2010 Gulf of Mexico oil spill. In a ruling in Louisiana on Tuesday, a federal judge ruled BP must “indemnify Halliburton for third party…
LONDON (Reuters) – BP has called on contractor Halliburton to pay all costs and expenses it incurred to clean up the 2010 Gulf of Mexico oil spill, which the oil major previously put at around $42 billion. Halliburton cemented the failed well that caused the United State’s biggest offshore oil spill. In a U.S. court filing, BP said…
WASHINGTON — The US Supreme Court gave the green light Monday to a group seeking to bring a class-action lawsuit against US oil services firm Halliburton for alleged fraud. The nine judges unanimously decided that the plaintiffs, a group of investors, do not need to prove a direct relationship between…
LONDON (AFP) – BP is taking legal action to shift the blame for the Gulf of Mexico oil disaster which devastated the environment and the group’s image a year ago, suing rig operator Transocean for damages of $40 billion (24 billion pounds). The disaster threatened to ruin BP as a…
By Ben Berkowitz NEW YORK (Reuters) – When Lockheed Martin wanted to sell C-130 military transport planes to the government of Chad in early 2007, the U.S. embassy in N’Djamena was ready to lend a hand. Nevermind that, by the embassy’s own reckoning, the Chadian government probably could not afford…