Oil Spills

Oil spill on Columbia River near Astoria, Coast Guard puts in containment boom

Crews are working to contain an oil spill that has created a sheen spanning five miles of the Columbia River in Astoria, the U.S. Coast Guard said …

Portland, OR

Cigarette stub 'thrown onto oil leak' ignited spectacular mile-long ‘river of fire’ destroying up to 10 homes

A carelessly discarded cigarette destroyed up to 10 homes in Russia after it landed on an oil leak and set them on fire .<p>Apocalyptic flames engulfed …

Week in Review, January 20

A round up of some of the week’s most significant corporate events and news stories.<p><b>GE looks at further retreat from conglomerate model</b><p>General …

Deepwater Horizon

Things Are Bad, Example 2,575: An Unprecedented Offshore Oil Drilling Proposal

Last week, the Department of the Interior released a proposal to expand offshore drilling in United States coastal waters, reversing decades of …

Deepwater Horizon

EDITORIAL: New plan leaves Lake Michigan at risk for oil spill

The latest plan to protect Lake Michigan from a horrendous oil spill might work just fine — as long there’s no ice and the waves don’t get too …

Environment

The World Has Never Seen an Oil Spill Like This

A tanker that sank off the Chinese coast was carrying “condensate,” a mix of molecules with radically different properties than crude.<p>Over the last two weeks, the maritime world has watched with horror as a tragedy has unfolded in the East China Sea. A massive Iranian tanker, the Sanchi, collided …

Liberal View

The Trump Administration's Attacks on Public Lands and Waters Will Cause Irreparable Harm

The designation of a national monument protects the land from drilling, fracking, mining, logging -- protection not afforded to the majority of …

Conservation

China calls deadly tanker collision 'unprecedented'

BEIJING — The deadly explosion and sinking of an Iranian oil tanker in the East China Sea was without precedent and created enormous difficulties for …

East China Sea

Sanchi oil spill is spreading uncontrollably and it’s now the size of Paris

<b>A spill from an oil tanker that sank into the East china Sea is now as vast as Paris.</b><p>The oil leaking from the Iranian tanker has since diffused into …

Sanchi

Temporary ‘bathtub drains’ in the ocean concentrate flotsam

An experiment featuring the largest flotilla of sensors ever deployed in a single area provides new insights into how marine debris, or flotsam, …

Oceans

Oil spill off China coast now the size of Paris

<b>(CNN) —</b> An oil spill from an Iranian oil tanker that sank in the East China Sea is now the size of Paris.<p>The slick covers an area of 101 square kilometers (39 square miles), after almost doubling in size from the start of the week, according to figures released Wednesday by the Chinese State …

India News

Massive Oil Spill Threatens East China Sea

<b>Click on the 'Listen' button above to hear this segment</b><p>There’s a massive cloud of a colorless, toxic, highly flammable substance in the East China Sea, and it’s getting bigger.<p>It’s from the Iranian oil tanker Sanchi, which collided with another ship off the coast of China and burned for days before …

East China Sea

1968 Porsche 911S Targa Project

This 1968 Porsche 911S Targa was purchased by the seller eight years ago in Kentucky and driven back to his home in Berkeley, California. He intended …

Classic Cars

Some of Capitol Hill's Worst Problems Have Nothing to Do with Trump

A dispatch from D.C., where our judiciary is in trouble.<p>WASHINGTON—There’s going to be a lot of talk over the next couple of days about the dysfunctional Republican majorities in the Congress. I intend to make quite a bit of it. But if you want to see what a unified Republican party looks like, …

Government

Offshore oil drillers want another crack at N.J.'s Atlantic coast, and Trump wants to help

The Ben Ocean Lancer, a 490-foot-long drill ship, positioned itself in federal waters about 93 miles southeast of Atlantic City in October 1978 and …

Atlantic City

Chief oil lobbyist to resign

Jack Gerard, head of the oil and natural gas industry’s main lobbying group, is stepping down in August.<p>The American Petroleum Institute (API) …

American Petroleum Institute

Oil Spill Off the Coast of China Raises Concern About the Use of Fossil Fuel

An Iranian Cargo Ship Carrying 136,000 Tons of Oil has Sunk to the Ocean Floor Off the Coast of China<p>An Iranian cargo ship was recently hit by a Hong …

SXSW

BP Deepwater Horizon costs balloon to $65 billion

Business

BP's Deepwater Horizon bill tops $65bn

Oil giant now winding down payouts from 2010 disaster with 99% of 390,000 claims processed<p>BP will have spent more than $65bn (£47bn) in compensation for the Deepwater Horizon disaster by the end of last year, but said it is finally winding down the last few hundred outstanding claims.<p>The British …

Business (India)

10 things you need to know in markets today

Good morning! Here's what you need to know on Wednesday.<p><b>1. Odeon‎, Britain's biggest cinema chain, is preparing to hire bankers to oversee a blockbuster summer flotation on the London Stock Exchange, Sky News reports.</b> Sources said that AMC was likely to try to raise well over £500m by selling …

Business

Deepwater Horizon claims will be $3bn for BP in 2018

INTERNATIONAL - BP expects to book a post-tax non-operating charge of about $1.7billion (R20.95bn) in its fourth-quarter results, reflecting the …

Deepwater Horizon

BP Takes $1.7 Billion Charge on Deepwater Horizon; Costs Now Top $65B

BP announced on Tuesday it will take an additional $1.7 billion post-tax non-operating charge over the deadly 2010 Deepwater Horizon spill in the …

Oil

BP Announced An Additional $1.7 Billion Charge In The Fourth Quarter 2017

BP is to take an extra $1.7 billion charge related to the Deepwater Horizon oil spill, bringing the total cost above $65.1 billion.<p>BP also increased …

Business

Is Mark Wahlberg Worth All the Money?

After an outcry, Wahlberg will donate his salary for <i>All the Money in the World</i>. He wasn’t worth it in the first place.<p>Mark Wahlberg, one of the …

Movies

MARKET SNAPSHOT: Dow Sets Fresh Intraday Record Above 26,000

S&P 500, Nasdaq, Russell 2000 set intraday all-time highs<p>The Dow Jones Industrial Average surged to trade in record territory and above the 26,000 level for the first time while other benchmarks set all-time highs as quarterly earnings reports and economic data continued to fuel optimism on Wall …

Markets

37 Ways Trump Has Remade the Rules for Business

The Trump administration in its first year has pushed for deregulation across industries. The effort has included high-profile actions, such as reversing Obama-era rules on internet traffic and power-plant emissions. But there have been hundreds of narrower steps as well, and in some cases the …

Politics

The world in brief, January 17th 2018 | Espresso

<b>Steve Bannon</b>, Donald Trump’s former chief strategist, has reportedly been subpoenaed by Robert Mueller to testify before a grand jury—the first time …

Economics

A proposal to ban a potentially lethal chemical might change – or close – 2 oil refineries in Southern California

A potentially lethal chemical used at two Southern California oil refineries could be banned by regulators, a policy that refinery operators say …

Environment

Team Trudeau to unveil plan to boost oversight of Canadian companies operating abroad

Champagne to share details of new corporate responsibility watchdog — Joly to take on harassment in cultural sector in Toronto — More closed-door …

Canada

Evening Brief: Flags, free trade and not-so-friendly warnings

<b>Tonight’s Evening Brief is brought to you the Ottawa Economic Association (OEA). 2017 was a great year for the Canadian economy, posting the fastest</b> …

Figure Skating