Environmental Disasters

Things could be worse in the worst of all possible worlds

While Asian investors are known for their speculative attitude to the stock market, many investors do not make a snap response to a stock drop.

What is the worst thing that can happen to a company's share price? An attack by computer hackers? A product recall? Or a lawsuit?

British law firm Freshfields Bruckhaus Deringer sought an answer by studying 78 crisis-hit listed firms around the world.

Monday, 10 December, 2012, 4:23pm

Fish farmers in the lurch over oil spills

Fish farmers in Shandong affected by oil spills in the Bohai Sea expressed disappointment at the government's apparent lack of action to help them seek compensation and punish the culprits of one of the mainland's worst cases of marine pollution in decades.

18 Nov 2011 - 12:00am

Beijing vows to take action for oil spills havoc

Beijing issued a stern warning yesterday as the controversy over oil spills in the Bohai Sea drags on, vowing to hold people accountable and protect the interests of fish farmers affected by one of the mainland's worst cases of marine pollution in decades.

8 Sep 2011 - 12:00am

Ministries and agencies probe Bohai Sea oil spills

The central government has finally weighed in on the Bohai Sea oil-spill controversy, two months after the first spill was detected, in an apparent attempt to turn up the heat on US-based oil company ConocoPhillips amid growing public impatience.

22 Aug 2011 - 12:00am

Oil company must apologise for Bohai spill

The agency in charge of maritime resources has ordered ConocoPhillips China to apologise for failing to contain an oil spill in the Bohai Sea, and accused the company of taking advantage of lenient regulations.

12 Aug 2011 - 12:00am

Hopes low for any Bohai payout

Mainland legal experts say it is highly unlikely that fish farmers and others affected by recent oil spills in the Bohai Sea will receive suitable, if any, compensation for the damage caused by marine pollution.

26 Jul 2011 - 12:00am

Oil spill washes up on beaches

Traces of oil from spills at the mainland's largest offshore oilfield have washed ashore on two beaches along the Bohai Sea some 170 kilometres away, prompting fears of an ecological catastrophe.

21 Jul 2011 - 12:00am

More information needed on oil spill

The Gulf of Mexico oil spill last year made clear to governments and companies that secrecy, stalling, poor communication, downplaying bad news and lack of preparedness combine to make environmental disasters worse. It was a lesson the central government appeared to have taken on board just months later when faced with China's worst such disaster, at a refinery in Dalian.

8 Jul 2011 - 12:00am

Oil spills a threat to marine biodiversity

Two oil spill accidents struck production platforms in China's biggest offshore oilfield, at the mouth of Bohai Bay , within days last month, causing unknown environmental damage and prompting a massive clean-up campaign, a government official said yesterday.

2 Jul 2011 - 12:00am

Fish farmers do dirty work in oil clean-up

The men slumbering in the shade at noon yesterday could have been mistaken for movie extras waiting for the next shoot, but the black slime covering their fatigued bodies was not make-up but crude oil.

Fish farmers, they've been battling an oil slick in a small bay since Sunday following a pipeline explosion at the port of Xingang in Dalian on Friday.

23 Jul 2010 - 12:00am

The true cost of oil

The oil spill that has spread across the Gulf of Mexico is one of the worst environmental disasters in US history. It has ruined fishing and tourism in the area, putting thousands of people out of work.

What about oil spills in poor countries that don't have the kind of global importance and reach that the US has?

20 Jul 2010 - 12:00am

Satellite captures oil spills, bringing calls for more hi-tech surveillance

The government should make use of more advanced technology to detect and monitor oil spills in the seas around Hong Kong, a scientist at Chinese University has advised.

The call came after researchers from the university's Institute of Space and Earth Information Science identified three oil slicks south of Lamma Island and east of Hong Kong from satellite images.

1 Aug 2007 - 12:00am

Oil spills found in nature reserve

Environmental officials are investigating oil spills found in four gei wai - shrimp ponds - at Mai Po Nature Reserve yesterday but ruled out Deep Bay as the source.

20 Aug 2005 - 12:00am

Oil spill threat

An oil spill from a ship collision just outside Hong Kong waters could threaten our beaches and fisheries. How should Hong Kong act now to prevent pollution from this spill? Share your views: write to us.

16 Dec 2004 - 12:00am

Nigerian oil pirates make a killing

On a ledge overlooking narrow mangrove creeks, knives bite into the throat of a sacrificial ram. The Egebesu Boys, one of the gangs that steal billions of dollars worth of crude oil from Nigeria every year, are preparing to make themselves bulletproof.

24 Oct 2004 - 12:00am