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Oil spill in Gulf of Thailand impacts tourism

2013-08-01 01:00:00| Offshore Technology

A major oil spill incident that leaked about 50,000 litres of crude oil into the Gulf of Thailand, from a pipeline operated by PTT Global Chemical on 27 July, has severely impacted the region's tourism and fishing industry.

Tags: oil thailand tourism gulf

 

Gulf of Mexico dead zone is big, but not record-breaking big

2013-07-30 21:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Oh yay. Just 5,840 square miles of the Gulf of Mexico are virtually bereft of life this summer. This years dead zone is much bigger than an official goal of 1,950 square miles, but not as bad as had been feared. Heavy spring rains inundated Mississippi River tributaries with fertilizers and other nutrients, and once those pollutants flowed into the Gulf, they led to the growth of oxygen-starved areas where marine life cant survive. But NOAA says things could have been worse. The agency had previously...

Tags: big mexico dead zone

 
 

BP's profits still being buffeted by Gulf of Mexico oil spill

2013-07-30 20:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Estimating BP's quarterly profits has suddenly become a finger-in-the-air affair. One factor is the tax rate, which exploded to 45% in the latest period, driven by the interplay of various currencies. The Russian angle is also confusing after last year's cash-plus-shares sale of the 50% share in TNK-BP to Rosneft, which left BP with an enlarged stake in the latter. Earnings from the 19.75% stake in the Russian energy titan are harder to read and disappointed this time. Now the truly wild element...

Tags: mexico oil profits gulf

 

BP Gulf fund running out of cash

2013-07-30 11:26:54| BBC News | Business | UK Edition

The $20bn compensation fund that BP set up to pay claims relating to the Deepwater Horizon oil disaster in the Gulf of Mexico is running low on cash.

Tags: running cash fund gulf

 

Federal agency to probe blown Gulf well off La.

2013-07-30 04:59:23| Energy - Topix.net

Scientists from several universities are working to learn whether a gas well that blew wild last week off the Louisiana coast has polluted the Gulf of Mexico.

Tags: well federal agency probe

 

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