A U.S. environmental group, led by Pew Charitable Trust’s U.S. Arctic program director Marilyn Heiman, is calling for a halt of oil and gas leasing, exploration and development activities in the Arctic Ocean – citing that an accidental oil spill would be almost impossible to clean up. Their study found that current oil spill response… Keep Reading
BP CEO Tony Hayward may be on the job market soon if the rumors prove to be true. Recent reports, supposedly from an aide of Hayward, state that he will resign his position and name a successor in the coming days. Those close to Hayward say that this is in response to company hints that… Keep Reading
Tropical storm Alex is currently building strength and is on track to hit the Gulf coast. Many refining and oil companies are taking proactive measures to keep their people out of harm’s way by evacuating several platforms and getting those people to safety. The concern now is whether this will have an impact on the… Keep Reading
BP officials released a statement today saying that the efforts to cap the leaking oil well in the gulf are on target to be completed by mid-August. These reports come just one day after the company was forced to remove a cap that was restricting the flow of the oil because of damage caused by… Keep Reading
The drama unfolding in the Gulf where thousands of barrels of oil are leaking in to the ocean has just added another chapter. BP has had to remove the cap that was restricting the flow thus allowing the open oil well to gush oil unchecked. This comes after workers found a problem with the cap… Keep Reading