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  • April 19, 2014
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Results 1 - 10 of 1037 for oil spill

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  1. Business - Commodities - ENERGY

    CNOOC silent on output at spill site

    Posted Mar 18th 2013, 12:00am by Eric Ng

    ... approved production to resume. Beijing ordered the shutdown of the oilfield - the nation's largest offshore facility - because of oil spills. Nevertheless, the field never completely shut down ... on the field's revised development and production plan and environmental impact assessment as required by Beijing following the oil spills. The spills, which began in June 2011, resulted in the release ...

    http://www.scmp.com/business/commodities/article/1193203/cnooc-silent-output-spill-site
  2. News - China - COURTS

    China court rejects oil spill lawsuit against state agency

    Posted Aug 15th 2013, 11:04am by AFP

    ... action from another government-backed entity. The case related to oil spills in June 2011 at the offshore Penglai field, jointly developed by ConocoPhillips and state-owned China National Offshore Oil Corporation, which saw 3,000 barrels of oil and oil-based mud vent into the sea. ConocoPhillips was ordered to cease production in September 2011 following the spills, which the SOA ...

    http://www.scmp.com/news/china/article/1296849/china-court-rejects-oil-spill-lawsuit-against-state-agency
  3. Business - Companies

    BP raises oil spill charge as Q2 misses forecasts

    Posted Jul 30th 2013, 02:52pm

    ... Reuters in London International oil company BP increased its giant accounting provision for the 2010 oil spill to US$42.4 billion from US$42.2 billion on Tuesday and said its US$20 billion fund to pay spill compensation had only US$300 million left in it. The news came as BP’s second quarter results missed expectations, with adjusted net profit coming in at US$2.712 billion ...

    http://www.scmp.com/business/companies/article/1293030/bp-raises-oil-spill-charge-q2-misses-forecasts
  4. Business - Companies

    Contentious oil spill claims set up BP for long legal battle

    Posted Jul 12th 2013, 11:27am by Reuters

    ... it settled a class action over the 2010 Gulf of Mexico oil spill. The British oil giant asked the Fifth US Circuit of Appeals in New Orleans this week to halt the claims. Should its challenge before ... of individuals and businesses affected by the Deepwater Horizon rig explosion. The blast killed 11 men and dumped millions of barrels of oil into the Gulf in one of the country’s worst environmental ...

    http://www.scmp.com/business/companies/article/1280927/contentious-oil-spill-claims-set-bp-long-legal-battle
  5. Business - Companies

    BP drills at 'giant' Gulf field after setback due to spill

    Posted Sep 13th 2013, 10:00am by Reuters

    ... of Mexico,” Lance said, referring to BP’s 2010 Macondo oil spill that spewed millions of barrels of crude into the Gulf and prompted a six-month drilling shutdown by the US government. In 2009, BP ... much oil was there. The company’s Macondo rupture and spill prompted the shutdown that delayed those plans as well as drilling by other Gulf oil producers. That drilling plan resumed last month ...

    http://www.scmp.com/business/companies/article/1308997/bp-drills-giant-gulf-field-after-setback-due-spill
  6. Business - Companies - ENVIRONMENT

    Chevron pays US$17.5 million fine for Brazil spill

    Posted Sep 28th 2012, 11:40am by AFP

    ... Agence France-Presse in Rio de Janeiro US oil firm Chevron has paid a US$17.5 million fine for a major spill off Rio de Janeiro state last year, Brazilian authorities said Thursday. ... released in July accused Chevron of negligence and said the company could have avoided the spill, which occurred in November in the Frade field, located 370 kilometers (230 miles) northwest of Rio. ...

    http://www.scmp.com/business/companies/article/1049306/chevron-pays-us175-million-fine-brazil-spill
  7. Business - Companies - CRIME

    BP supervisors cleared of manslaughter charges over Mexico gulf spill

    Posted Dec 11th 2013, 05:25pm by Reuters

    ... Reuters Two Deepwater managers not guilty of seaman’s manslaughter, but other counts relating to deaths from oil rig explosion still stand Two former BP supervisors won the dismissal ... is accused of deleting records related to the estimated size of the spill. He denies wrongdoing. Kaluza and Vidrine were the two highest-ranking supervisors on board the Deepwater Horizon when ...

    http://www.scmp.com/business/companies/article/1378265/bp-supervisors-cleared-manslaughter-charges-over-mexico-gulf
  8. Business - Commodities - ENERGY

    China Inc joins the big league in oil and gas services

    Posted Apr 16th 2014, 01:21am by Reuters

    ... Reuters China emerges as force in oil and gas services Global oil companies are increasingly turning to China for services and equipment, attracted by lower costs and a newly acquired expertise that is challenging more established rivals. State-run and privately controlled Chinese rig makers, oil and gas services and engineering firms are showing up in the supply chain everywhere ...

    http://www.scmp.com/business/commodities/article/1483280/china-inc-joins-big-league-oil-and-gas-services
  9. Business - Commodities - DEBT

    Oil rig giant is key to Titan's restructuring

    Posted Apr 16th 2014, 01:21am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Bond issue worth 400m yuan intended to get mothballed Fujian shipyard up and running Oil rig giant is key to Titan's restructuring Titan Petrochemicals, which is restructuring more than US$400 million of debt and has just signed a conditional co-operation deal with the world’s largest oil rig maker Keppel Corp, needs up to 400 million yuan ...

    http://www.scmp.com/business/commodities/article/1483390/oil-rig-giant-key-titans-restructuring
  10. Business - Companies

    BP cites new fraud allegations in spill settlement

    Posted Aug 06th 2013, 10:58am by AP

    ... Michael Kunzelman in New Orleans BP said it has uncovered new allegations of fraud and conflicts of interest inside the settlement program that has awarded billions of dollars to Gulf Coast businesses and residents for damage from the company’s 2010 oil spill in the Gulf of Mexico. BP attorneys outlined the allegations in a court filing, which asks a federal judge ...

    http://www.scmp.com/business/companies/article/1294612/bp-cites-new-fraud-allegations-spill-settlement

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