Monthly Archives: May 2010

Map of spill, May 25

Map of spill, May 25  More »

Coast Guard hearings this week could be heated.

The list of witnesses for Round 2 of the Coast Guard/MMS investigation of the Deepwater Horizon accident have been released, and it looks like things could get pretty interesting when they happen later this week. Thursday may prove to the of the greatest interest as the two men at the center of a dispute on […]  More »

Fake BP Twitter account gets satirical

It was only a matter of time… BPGlobalPR, a satirical BP public relations Twitter, is making waves with its humorous spin on the oil spill in the Gulf of Mexico. Usually when we think PR, we think of people putting a positive spin on everything for the benefit of the company, right? How do you […]  More »

Semi-naked protesters descend on BP headquarters

Update: David Nicholas at BP’s press office said that the company was aware that there were demonstrators this morning, and as long as people don’t get in the way of work, they’re entitled to do so. He also said the company has been keeping its focus on getting the oil spill under control by stopping […]  More »

Video: Remote subs prepare blowout preventer for 'top kill'

This video provided by BP shows remote-operated vehicles modifying the blowout preventer at the Macondo well to prepare for the “top kill” procedure, which BP hopes will stop oil from leaking into the Gulf of Mexico. A top kill involves pumping heavy muds into the blowout preventer. The mud would be followed by cement, which […]  More »

Negligent offshore? Death penalty for you

Some see the Deepwater Horizon accident as a reason to stop all offshore drilling permanently. Ken Medlock, an energy and policy expert at Rice University’s Baker Institute has a different solution: an offshore moratorium on companies — a “death penalty” — on companies that are found to be negligent in major accidents.” Medlock says the […]  More »

BP commits $500 million to spill research

BP today pledged to spend up to $500 million funding 10 years of research into the oil spill at its Macondo well and its effects on marine life, amid pressure from lawmakers and administration officials who want more independent studies. The research funding — mostly focused on the effects of dispersants used to break up […]  More »

Spill may cause permanent rise in insurance cost

In the wake of the Deepwater Horizon disaster, the price to insure offshore rigs will probably rise and premiums may stay permanently higher if investigation of the disaster finds previously unknown dangers. Insuring a rig against damage can cost more than $3 million a year, Dow Jones Newswires said, adding that that number could jump […]  More »

Transocean to hold Deepwater Horizon memorial tomorrow

Transocean will hold a memorial service tomorrow, May 25, in Jacksonville, Miss., to honor the 11 crew members who were lost after the explosion at the Deepwater Horizon rig in the Gulf of Mexico on April 20. The service will be held at the Jackson Convention Complex at 105 East Pascagoula St., Jackson, Miss., starting […]  More »

Hydrates likely doomed the blowout preventer, say analysts

Analysts with Friedman Billings & Ramsey say they believe the Deepwater Horizon’s blowout preventer failed because it was obstructed by gas hydrates, the same icy mix that kept one of the first well-siphoning efforts from working. So what do they recommend? Buy shares of Transocean, of course. The possibility of poor maintenance of the blowout […]  More »

Chron Energy Newslinks | 05.24.10 | Oil hearings as political theater. Drilling onshore and off moves forward.

• Oil spill hearings in Congress both theatrical and informational. • Feds step up their role (or at least say they are) in oil spill efforts, but how could they really do that? • BP tries to shift blame to Transocean. • Found negligent in offshore drilling? Issue the death penalty. • Everyone will pay […]  More »

Do the feds trust BP? Depends.

From the early days of the oil spill in the Gulf of Mexico, federal officials been working hand-in-hand with BP trying to cap and clean up the leaks from the Macondo well 40 miles from the mouth of the Mississippi River. But with 34 days gone since the Deepwater Horizon exploded and caught fire, that […]  More »

This week’s energy industry events

Monday, May 24 ConnectivityWeek: Through May 27. Santa Clara Convention Center, 5001 Great America Parkway, Santa Clara, Calif. Spanning all the major industries and energy consumption areas of commercial, residential, industrial and infrastructure, conference sessions at ConnectivityWeek explore how IT can be leveraged toward the new energy paradigm facing the world. Co-located at ConnectivityWeek are […]  More »

Map of spill, May 24

Spill, May 24  More »

The Next Phase for the Auto Industry

Last Friday, in a Rose Garden ceremony, President Barack Obama signed a Presidential Memorandum regarding vehicle fuel efficiency that will start the next phase for the auto industry. The goal of the memorandum is to improve energy security, increase American competitiveness and job creation, and environmental protection by creating new standards for medium- and heavy-duty […]  More »
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