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BP books loss on lower oil price, spill charge

BP reports a sharp decline in profit on lower oil prices and cost of Gulf of Mexico spill.

BP Reports Second-Quarter Loss as Oil Spill Settlement Takes Toll

yesterdayNews : NYTimes: News

The roughly 40 percent fall in oil prices since last year is also sharply cutting into profits at the British company and at other oil companies.

Michigan River Remains Poisoned By Oil Five Years After Massive Spill

Five years after a pipeline rupture spilled over one million gallons of oil into the Kalamazoo River, local Michigan residents and activists battle new pipeline proposals. The post Michigan River Remains Poisoned By Oil Five Years After Massive Spill appeared first on ThinkProgress.

BP's bet on India is turning into a headache

After years of trying to turn things around following the Deepwater Horizon oil spill, BP is still running into significant challenges. A new report from the Wall Street Journal finds that a multibillion dollar investment in India is not working out as planned for the British oil major. Show More Summary

Most Recent Oil Train Accidents and Spills Involved ‘Safer’ CPC-1232 Tank Cars

Roosevelt County chief deputy sheriff Corey Reum was one of the first responders to the recent Bakken oil train derailment in Montana, a few miles from the North Dakota border. “We're lucky it didn't ignite,” Reum told ABC  News. That is just one of the things first responders have learned since the deadly accident two years ago in Lac-Megantic. Show More Summary

Nexen sees identifying root cause of spill taking months

FORT MCMURRAY, Alberta (Reuters) - A Nexen Energy senior executive said on Wednesday it will likely take months to find the root cause of an oil sands pipeline leak in northern Alberta that was one of North America's largest-ever oil-related spills on land.

Mimico Creek Ducks Return Home

How one North York wildlife charity rescued more than 100 oil-slicked waterfowl. It’s been a week since a truck rolled over on Highway 427, spilling nearly 6,000 litres of mineral oil onto the road and contaminating nearby Mimico Creek. Show More Summary

Since BP Spill, the Number of Gulf Oil Wells Abandoned With Temporary Seals Has Risen

More offshore oil wells in the Gulf of Mexico are being abandoned with only temporary seals than in 2010, despite efforts by the Obama administration to push companies to permanently seal idling wells after the disastrous BP spill that...Show More Summary

Billions from BP Fine Come at Critical Time for the Delta

In 2010, about a month after the Deepwater Horizon oil spill, I was allowed to sit in a tribal council of the indigenous Houma Indians. As the oil continued to pour into the Gulf of Mexico, which it would do for two more months, I watched a man describe, through tears, how he had always […]

How BP-Spill Settlement Money May Save the Gulf Coast

Settlements and fines from the 2010 oil spill can mean billions for restoration

Did the BP Oil Spill Have to Happen to BP?

If the accident wasn't exactly inevitable, it might have been only a matter of time

Natural-Gas Spill: How Bad Is Methane for the Environment?

It may not seem as bad as a massive oil spill, but natural-gas leaks can do serious damage to the environment

Nearly Two Years On, Did the BP Oil Spill Have to Happen to BP?

The Deepwater Horizon oil spill seems to divide people into two categories: those who can’t forget, and those who refuse to remember. In the first camp are Gulf Coast residents and environmentalists who say the region still hasn???t recovered from the worst oil spill in U.S. history, and who are still waiting to be made [...]

Two Years After the Gulf Oil Spill, Why We Won’t Stop Drilling

It was two years ago today that the Deepwater Horizon—a top-of-the-line offshore drilling rig owned by BP and run by Transocean—experienced a sudden burst of gas from a three-mile long well its crew was drilling in the Gulf of Mexico, 40 miles south of the Louisiana coast. The combustible methane rushed up the well and [...]

First Person Is Arrested for Gulf Oil Spill—And It’s Because He Erased Texts

NEW ORLEANS (AP) — A BP engineer intentionally deleted more than 300 text messages that said the company’s efforts to control the Gulf of Mexico oil spill were failing, and that the amount of oil leaking was far more than what the company reported, the Justice Department said Tuesday. In the first criminal charges related [...]

Nexen’s Brand New, Double-Layered Pipeline Just Ruptured Causing One of the Biggest Oil Spills Ever in Alberta

A pipeline at Nexen Energy’s Long Lake oilsands facility southeast of Fort McMurray, Alberta, spilled about five million liters (32,000 barrels or some 1.32 million gallons) of emulsion, a mixture of bitumen, sand and water, Wednesday...Show More Summary

Federal HAZMAT Experts Rushed to 35,000 Gallons Oil Train Spill in Montana

US hazardous materials experts are investigating the train crash that spilled 35,000 gallons of crude oil.

Montana train derailment spilled 35,000 gallons of crude oil

(Reuters) - A train derailment in rural eastern Montana spilled 35,000 gallons (132,489 liters) of crude oil and forced the evacuation of about 30 people, a U.S. official said on Friday in an email to state officials.

There Was a Major Pipeline Leak of Oil Emulsion in Northern Alberta

last weekNews : Vice News

A pipeline rupture near the heart of Alberta's oil sands has spewed 5-million liters of bitumen, wastewater, and sand, in what is being described as one of the worst spills in Canadian history. The Nexen leak was first discovered Wednesday — and made public on Thursday — at its Long Lake facility, about 22 miles southeast of Fort McMurray. Show More Summary

Canada's Nexen says crews working around the clock at spill site

CALGARY, Alberta (Reuters) - Canada's Nexen Energy said on Friday its crews were working "around the clock" to clean up a pipeline leak at an oil sands site in northern Alberta that is one of North America's largest environmental spills on land.

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