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Colbert to Arkansas: That’s not even real oil sitting in your yards

On Thursday night’s edition of “The Colbert Report,” host Stephen Colbert talked about the ruptured Exxon-Mobil pipeline in Mayflower, Arkansas. While many residents of the neighborhood where the pipe burst may be unhappy to find themselves driven from their homes by an oil spill, Colbert urged them to take heart,…

Sen. Bernie Sanders: Arkansas spill shows need to move away from carbon-based economy

Monday night on MSNBC, Independent Sen. Bernie Sanders of Vermont said the recent oil spill in Arkansas illustrated why the United States needed to adopt more eco-friendly energy sources. “It really raises the broader question and that is whether we continue to be a carbon-based economy, whether we finally recognize…

Deepwater trial: Oil spill a ‘classic failure’ of BP management

Former BP consultant describes culture of greed that led to worst oil spill in US history as sprawling civil case continues A culture of “every dollar counts” at BP led to the fatal Deepwater Horizon disaster and the US’s worst ever oil spill, a court heard on Tuesday. Bob Bea, an expert…

U.S. to propose $16 billion Gulf spill settlement with BP: WSJ

US authorities plan to propose a $16 billion settlement to British energy giant BP for civil claims related to the disastrous 2010 oil spill in the Gulf of Mexico, The Wall Street Journal said. Citing people familiar with the discussions, the newspaper said late Friday that the settlement would cover…

BP profits cut in half since Gulf oil spill

British energy giant BP said Tuesday that net profits slumped by more than half in 2012, as the group was rocked by fines and asset sales linked to the 2010 Gulf of Mexico oil spill disaster, ahead of a US trial later this month. Earnings after taxation tumbled 54 percent…

Coast Guard warns of fresh oil sheen from Deepwater Horizon

A fresh oil sheen spotted recently in the Gulf of Mexico matches crude spilled during the Deepwater Horizon disaster, the U.S. Coast Guard said Wednesday. Engineers with Deepwater Horizon rig operator BP reported the sheen on September 16, after spotting it on satellite photos. The Coast Guard said that tests…

Chevron fined $17.5 million over Brazil spill

RIO DE JANEIRO — Brazilian authorities said Monday they were slapping a $17.5 million fine on US oil firm Chevron in connection with a major spill off Rio de Janeiro state last year. Magda Chambriard, director general of the National Petroleum Agency (ANP), told a press conference that the new…

Turkish bulk carrier spilling oil on South African beaches

Oil from a Turkish bulk carrier that ran aground three years ago off the coast of Cape Town, South Africa’s prime tourist city, was spilling onto two beaches, officials said. Investigations on Saturday showed the vessel had disintegrated into three pieces, Cape Town city disaster management spokesman Wilfred Solomons-Johannes said.…

Two years after BP oil spill, disaster is far from over

Two years after the worst maritime oil spill in history, fishermen, scientists, and environmentalists up and down the US Gulf Coast warn that the disaster may be far from over. Dead dolphins keep washing up on shore in unprecedented numbers. Oil-coated coral reefs are dying in the deepwater. Eyeless shrimp…

Oil safety weak two years after BP spill: studies

WASHINGTON — Offshore drilling safety and oversight is still lacking two years after the massive BP oil spill sullied the US Gulf Coast, two reports released Tuesday have found. A presidential commission tasked with investigating the spill said it was “encouraged by the progress being made” by the oil industry…

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