(UPDATED BELOW) Shell executives and shareholders probably heartily wish today that their send-off party of two new Arctic oil drilling rigs — the “Kulluk” and the “Noble Discovery” — hadn’t included a tiny model oil rig intended for serving drinks. As the bearded, tuxedo-clad master of ceremonies welcomed a party-goer…
An oil rig in Northwestern Oklahoma exploded late Monday night and several homes within a mile radius were evacuated. “It was a routine drilling operation and for some reason, that’s under investigation, they lost control of the well,” Rick Muncrief of Continental Resources told a local news station. No injuries…
At least one of the eleven men that died in the initial explosion that triggered a disaster in the Gulf expressed concerns about safety practices on the oil rig. Transocean toolpusher Jason Anderson told his wife, Shelly, that he was concerned about BP’s safety practices on the rig. Anderson was…
Five days after appearing before Congress to testify about its responsibility in one of the worst oil spills in US history, the Swiss company that owned and operated the oil rig that sunk into the Gulf of Mexico announced that it would shell out $1 billion in dividends to shareholders.…