By David S. Hilzenrath Washington Post Staff Writer Friday, July 23, 2010; 10:56 AM Video Engineer: Deepwater Horizon alarm ‘inhibited’ The chief engineer on the Deepwater Horizon tells a government panel that warning systems on the drilling rig were inhibited because the crew did not want to be disturbed in the middle of the night. [...]
Posts from ‘July, 2010’
Bees round the BP honeypot
By Wilt Staph Its all happening in the utmost secrecy, but it is now clear that determined efforts are underway to keep BP out of American hands. That ExxonMobil, Chevron and ConocoPhillips all have the financial resources to launch a hostile bid is not in doubt and the acquisition of BPs huge assets would be [...]
Shutting Down Offshore Drilling in the Arctic
Posted by Bryan Walsh Thursday, July 22, 2010 at 4:41 pm While the White House, Congress and the oil industry fight over the controversial deepwater drilling moratorium, a federal judge quietly made a significant decision on the next frontier of offshore oil and gas exploration: the Arctic seas. Yesterday U.S. District judge Ralph Beistline blocked [...]
Shell FuelSave reminiscent of Formula Shell debacle
By John Donovan Here we are again in the midst of a major Shell advertising campaign with huge colour adverts in the UK national press for a new Shell wonder fuel, this time invented by “Shell Fuel Scientists”: Its called Shell FuelSave Its like a walk down memory lane for those of us who remember [...]
Tight Relationship of Oil Industry and Foreign-Exchange Market
By Cesar Zambrano 22 July 2010 In our current economic age of globalization, asset classes are becoming increasingly correlated. Movements in the equity markets affect currency values, which affect economic growth in corresponding countries, which affects other assets such as real estate, and the correlations go on and on. One of the most clear asset [...]
Leaked Shell internal emails reveal concern over Corrib subsea wells
By John Donovan Published below is my self-explanatory correspondence with Royal Dutch Shell ethics boss Richard Wiseman, over the latest installment of leaked Shell internal emails, this time relating to the highly sensitive topic of the Corrib Gas Project in Ireland. More will follow. The project has been dogged by controversy, including the jailing at [...]
BP’s changing lobbying disclosure amount? It figures
By T.W. Farnam Washington Post Staff Writer Thursday, July 22, 2010 What good is being a multinational corporation if you don’t know how to make the most of loopholes in the law? BP filed a lobbying report shortly before the second quarter deadline on Tuesday night, saying it spent $1.7 million influencing the government last [...]
Judge halts oil, gas development on Chukchi Sea
The decision comes after the massive oil spill from a BP PLC well in the Gulf of Mexico and is a blow to the unit of Royal Dutch Shell PLC, which had hoped to drill three exploratory wells this summer in the Chukchi Sea. By DAN JOLING (AP) 22 July 2010 ANCHORAGE, Alaska A [...]
Gulf oil spill: Oil companies to form emergency response system for future disasters
July 21, 2010 | 6:23 pm Four of the worlds biggest oil companies are expected to announce Thursday the formation of a rapid-deployment response system that will be made available to capture and contain future deep-water well blowouts, according to a document detailing the proposal. The announcement from Exxon Mobil, ConocoPhillips, Chevron Corp. and Royal Dutch [...]
Report: $1 billion venture will fight Gulf spills
msnbc.com Four of the world’s biggest oil companies involved, but not BP msnbc.com staff and news service reports 21 July 2010 A new joint venture formed by four of the worlds biggest oil companies will develop a deepwater oil spill response and containment system for the Gulf of Mexico, according to reports in the financial [...]
Vitol and Helios exclusive negotiations to buy Shells downstream businesses in 19 African countries
Vitol and Helios Investment Partners confirm they are in exclusive negotiations with Shell for the potential acquisition of equity in Shells downstream businesses in 19 countries in Africa Geneva, 21st July, 2010 Today the Vitol Group (Vitol) confirmed that it is in exclusive negotiations with Shell Oil Products Africa (Shell) for the potential acquisition of [...]
Corrib gas to be delayed by three years
Wednesday, July 21, 2010 Corrib gas to be delayed by three years BY MARIAN HARRISON THE Corrib gas project has been delayed by at least another three years with gas now not expected to be brought ashore before 2013 at the earliest. The Western People has learned that Shells tunnel through Sruwaddacon Bay will take [...]
BP oil spill: BP says Tony Hayward to stay as chief executive
Telegraph.co.uk BP has denied reports that chief executive Tony Hayward is to step down, as the company prepares to sell off assets to pay for the oil spill clean-up. By Conrad Quilty-Harper Published: 1:26PM BST 21 Jul 2010 Link to this video A BP spokesman said Mr Hayward “remains in place and has the support [...]
Cameron: ‘Don’t blame BP for Megrahi release’
httpv://www.youtube.com/watch?v=QLnLVKI_cx0&feature=player_embedded#!
BP’s altered photo distorts spill center activity
BP acknowledges it posted on its website an altered photo that exaggerates the activity at its Gulf oil spill command center in Houston. ASSOCIATED PRESS By DAVID DISHNEAU (AP) 21 July 2010 NEW ORLEANS BP acknowledges it posted on its website an altered photo that exaggerates the activity at its Gulf oil spill [...]


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