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Breaking News:

California Gasoline Prices Are Spiking

The Black Sea Oil Spill Is Worse Than Originally Thought

The Black Sea Oil Spill Is Worse Than Originally Thought

Officials may have downplayed last…

Dealing With A Global Plastic Problem

Dealing With A Global Plastic Problem

While much has been made…

The Environment

Gulf Spill Has ‘Far Reaching’ Impact on Oil Company Credit – S&P

Aug 07, 2010 at 09:04 | Christopher Cundy

The oil spill and subsequent suspension of drilling permits in the Gulf of Mexico will have a long-term impact on the creditworthiness of oil and gas companies, according to ratings…

The Greatest Manmade Oil Spill

Aug 04, 2010 at 08:54 | Al Fin

Take a good look at the graph below. It shows average annual oil spills into the ocean in thousands of metric tonnes. Nature spills more oil than man, but of…

The BP Oil Spill: The Static Kill Process Has Started

Aug 03, 2010 at 13:54 | The Oil Drum

Progress on the relief well at the Deepwater Horizon well has now reached the point that BP have started the procedures for the top static kill of the well. There…

BP Oil Spill Damages to Stretch Insurance Coverage

Aug 02, 2010 at 10:51 | Gloria Gonzalez

BP and its partners on the Deepwater Horizon oil rig do not have enough insurance to cover the potential damages sought in litigation so far, according to an analysis by…

As Oil Rapidly Disappears, Crews Prepare to Kill the Well

Jul 27, 2010 at 05:15 | Al Fin

...the pressure in the well has now risen to just over 6,900 psi, while the temperature at the BOP remains at 40 deg – suggesting no flow and that well…

As Tropical Storm Bonnie Breaks Apart Ships Return to the Deepwater Horizon Site

Jul 26, 2010 at 03:53 | Al Fin

Tropical Storm Bonnie broke up over Florida, and is now heading across the Gulf of Mexico as a tropical depression. Some of the mission-critical ships involved in drilling relief wells…

Climate Concerns May Soon be a Thing of the Past as Scientists Work on Splitting CO2

Jul 26, 2010 at 03:31 | Al Fin

A team of scientists at George Washington University and Howard University have devised a theoretical means of splitting CO2, turning the demon gas into either solid carbon or into carbon…

As Hurricane Nears Oil Spill Site Obama Sidesteps Critical Decision

Jul 23, 2010 at 04:51 | Al Fin

BP workers in the Gulf of Mexico have stopped drilling a relief well and are preparing to evacuate the oil spill site as a tropical depression nears. There is a…

Natural Oil Seep Causes White House Panic

Jul 20, 2010 at 05:19 | Al Fin

Officials had worried that the seep — usually a flow of hydrocarbons from the seafloor — could have been evidence that oil, gas or both were escaping from the well…

BP Considers a New Way to Seal the Well: The Static Kill

Jul 20, 2010 at 04:55 | Al Fin

In Kent Wells' 19July evening press briefing, he announced the possibility that BP would attempt a new way to kill the well from the top called "static kill." It is…

Schlumberger Denies Having Deepwater Horizon Mud Logs

Jul 20, 2010 at 03:53 | Wayne Madsen

On July 7, 2010, the Wayne Madsen Report (WMR) reported: "Oil drilling industry inside sources have reported to WMR that 'smoking gun' documents, including what are known as "mud logs"…

Global Oil Industry Forms Response Group to Study Gulf Spill

Jul 15, 2010 at 03:04 | Darrell Delamaide

International oil producers are forming a special group to respond to the Gulf of Mexico oil spill and research ways to prevent such an event occurring again. “We remain driven…

BP Committing Ecocide on Islands in Gulf

Jul 13, 2010 at 13:11 | Wayne Madsen

From environmentalists and wildlife specialists to fisherman and businessmen along the Gulf Coast the message is the same: BP is not only strangling the news of what is actually occurring…

An Update on BP’s Efforts to stop the Gulf Oil Spill

Jul 12, 2010 at 08:17 | Al Fin

1. New cap over the blowout preventer (BOP) to allow more efficient oil recovery: BP PLC (BP, BP.LN) told the U.S. Coast Guard late Friday that it would start work…

Killing the Well and Tales of a Whale

Jul 12, 2010 at 03:20 | Al Fin

The leading relief well is now at 17,000 feet, and slowly closing in on the Macondo bore. Meanwhile, on the surface, testing continues on the giant, 21 million gallon a…

Was There a 700 Million Gallon Oil Spill off Saudi Arabia in 1993?

Jul 09, 2010 at 06:08 | The Oil Drum

A mishap during the loading of an oil tanker off Saudi Arabia in 1993 initiated a cascading disaster, resulting in what was the largest offshore oil spill ever, but the…

Research Reports on the Economic and Environmental Impact of Oil Spills

Jul 07, 2010 at 04:29 | Gail Tverberg

Every area of science or of business has its own area of research, literature,  resentations and conferences. Since people in the field tend to read the same literature, this defines…

Capitol Hill Backlash to Gulf Oil Spill Provokes Flurry of Activity

Jul 01, 2010 at 09:32 | Darrell Delamaide

Capitol Hill lawmakers reached a new pitch of activity in reaction to the Gulf oil spill, floating a number of new restrictions and rules and acting to remove the cap…

Alabama State Troopers Moonlighting as BP Security Guards

Jun 25, 2010 at 11:53 | Wayne Madsen

WMR's sources on the Gulf coast report that BP Security personnel are being augmented by off-duty Alabama state troopers and G4S Wackenhut private security guards. The BP Security personnel ensure…

The First OilCane? What Happens if a Hurricane Rides over the Oil Spill

Jun 24, 2010 at 11:45 | Art Horn

The gulf oil spill is bad but it could become much, much worse and soon. The threat is a hurricane moving over the spill. If a hurricane’s violent winds track…

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