And no, we are not talking about the seas of the Gulf of Mexico, where an unknown amount of wildlife is dying and will die due to BP’s oil spill. And no, we are not talking about the nationally renowned wetlands of Louisiana where the oil is having an unseen effect like an undiagnosed cancer. … Read More
Its time for BP’s CEO Tony Hayward to go. His is clearly not capable of stopping this spill. BP’s latest efforts at a “top kill” have failed badly. It may be August now before the spill is stopped. He has lost the confidence of investors. Shares in the oil giant have plunged as much as … Read More
So now it is official. What everyone has suspected for the last month, we now know to be true. The Deepwater Horizon spill is now the largest in US history. Yesterday President Obama attacked BP over America’s ‘worst oil disaster’, after new estimates put the amount of oil spilt at anything from 30 to 39 … Read More
Today, its Top Kill or bust. Never have the stakes for BP been higher. Latest estimates are that the company could face up to $70 billion in penalties and pay-outs for the Gulf oil spill if today’s attempts to stem the flow of oil fail. Today BP will attempt a “Top Kill” – pumping heavy … Read More
First it was a question, said more like a whisper. Surely BP will survive the spill? The concept that such a corporate giant could be felled by one outrageous irresponsible act would have been unthinkable even a few weeks ago. But more and more people are asking could the spill sink BP? Already the future … Read More
Big Oil company Chevron may have hoped that its legal troubles as far as Nigeria were over. However, in a great victory for human rights campaigners, the 9th Circuit Court of Appeals in San Francisco has fixed June 14, 2010 to open appeal hearings in the case.
The Chukchi Sea stand-off between environmental and Alaska Native groups and Shell has taken another twist, with a new legal action to stop the oil company’s plans to drill in the region next summer. Yesterday’s challenge was filed in the Ninth Circuit Court of Appeals a group of Native Americans and environmental organisations including the … Read More
Watch out Big Oil, and King Coal. Your day in court is rapidly coming. One of Britain’s leading climate scientists believes that the day when people affected by worsening storms, heatwaves and floods could soon be able to sue oil, coal and power companies is fast approaching. Myles Allen, a physicist at Oxford University, argues … Read More