Topic: Offshore Drilling

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Brazil's President Rousseff meets with Obama: 5 topics for talks

As the two largest economies in the Western Hemisphere, Brazil and the US have a lot of shared interests, but there are still areas of contention. Here are 5 possible topics on today's presidential agenda:
Women's history month: 10 women making history today

March is known as Women's History month, meant to recognize the contributions and progress of women across history and around the world. Women today are playing some significant roles, from making peace to crafting economic policy in the midst of a crisis. Here are 10 women who are making history, today.
Seven women who shaped the world in 2011

Women played some significant roles this past year, from making peace to crafting economic policy in the midst of a crisis. Here are seven who shaped 2011:
Election 101: Where the GOP candidates stand on the economy

With more than 13 million Americans out of work and wage increases so modest they’re failing to keep up with inflation, voters have put the economy and jobs at the top of their checklist of presidential issues.
Top four ways Congo's instability affects the world

From the metals in your cell phone to the gas in your car, Congo is more connected to your life than you might think, and its stability matters.

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Consumer Energy Report
Energy development in the Arctic: the good and the bad

As Shell makes preparations to send offshore drilling rigs into the Beaufort and Chukchi Seas north of Alaska, it's important to walk through the history of energy exploration in the Arctic.
Private Empire

Pulitzer Prize-winner Steve Coll takes a close look at secretive behemoth that is Exxon Mobil.
Keep Calm
Drill for oil in Somalia? Why not, says Australian firm

Australia-based Jacka Resources plans to start oil exploration in Somaliland, a region of Somalia that declared itself independent in 1991. Nice work if you can get it.
First BP oil spill arrest: Why put the squeeze on a mid-level engineer?

The first criminal charges brought in the 2010 BP oil spill – against Kurt Mix, a former BP engineer – show that the government still seeks the answer to an essential question in the spill’s aftermath: Did BP tell the truth about what it knew about the size of the spill? At stake are billions in fines.
Gulf oil spill: Two years later, safety lessons ignored

In its rush to pump more oil, America is ignoring the key lesson of the Gulf oil spill two years ago. Complex drilling, wherever it occurs, comes with unknowable risks.
BP settles with private plantiffs over Gulf oil spill

The multinational corporation said Wednesday it will pay out $7.8 billion from the $20 billion trust it set up after the Deepwater Horizon explosion.
Brazil's President Rousseff meets with Obama: 5 topics for talks

As the two largest economies in the Western Hemisphere, Brazil and the US have a lot of shared interests, but there are still areas of contention. Here are 5 possible topics on today's presidential agenda:
BP settles spill claims for $7.8 billion. Will victims take it?

BP settlement of worst US offshore oil spill involves 100,000 claims by fishermen, cleanup workers, and others. The $7.8 billion settlement is in addition to a $20 billion BP compensation fund.
Women's history month: 10 women making history today

March is known as Women's History month, meant to recognize the contributions and progress of women across history and around the world. Women today are playing some significant roles, from making peace to crafting economic policy in the midst of a crisis. Here are 10 women who are making history, today.
BP faces billions in fines as spill trial nears

The huge legal bill for the catastrophic 2010 oil spill in the Gulf of Mexico is coming due for BP as a federal trial opens Monday to determine the company’s liability for the blowout of its Macondo well.
High gas prices: How big a problem for Obama?

The last five times gas prices have spiked, the incumbent party has lost the presidential election. On Tuesday, the national average price of gasoline was $3.57 a gallon.
Robert Reich
Gas prices: How rising fuel costs influence lawmakers

Gas prices are up, and it's already prompted Republicans to pass a bill to expand offshore drilling and and force the White House to issue a permit for the Keystone XL pipeline. But the hike in gas prices won't be as steep, or lasting, as some think.
Deep-water oil drilling: why Obama is OK with angering left and right

Neither the oil industry nor environmentalists are pleased with President Obama's new deep-water oil drilling plan. But in an election year, that might be a safe position politically.
Seven women who shaped the world in 2011

Women played some significant roles this past year, from making peace to crafting economic policy in the midst of a crisis. Here are seven who shaped 2011:
Gulf oil spill could result in criminal charges for BP employees

The Wall Street Journal reports that federal prosecutors are targeting several Houston-based engineers and at least one supervisor employed by British oil giant BP connected to the 2010 Gulf oil spill.
Election 101: Where the GOP candidates stand on the economy

With more than 13 million Americans out of work and wage increases so modest they’re failing to keep up with inflation, voters have put the economy and jobs at the top of their checklist of presidential issues.
Halliburton 'destroyed' evidence after Gulf oil spill, BP charges

BP alleges that Halliburton, a subcontractor working on the Deepwater Horizon rig, destroyed evidence pertaining to what might have caused the explosion that triggered the Gulf oil spill.
BP says Halliburton destroyed evidence behind Gulf oil spill

BP says Halliburton destroyed evidence that it did faulty cement work on the oil will that leaked into the Gulf. Halliburton denies claim.
Top four ways Congo's instability affects the world

From the metals in your cell phone to the gas in your car, Congo is more connected to your life than you might think, and its stability matters.
Latin America Monitor
Chevron oil spill hints at risks of Brazil's 'moonshot' deep water drilling

Brazilian politicians may push all of the blame for last week's oil spill onto Chevron, says blogger James Bosworth, to deflect public attention from risks of Brazil's nationalized deep water project.
Latin America Monitor
Is the White House ready for a Cuban deep water drilling disaster?

In three months deep water drilling is set to begin in Cuban waters in the Gulf of Mexico, but the US embargo on Cuba could spell catastrophe should a repeat of the Deepwater Horizon spill occur.
Majority of blame for Gulf oil spill lies with BP, two US agencies find

The US agencies' exhaustive report on the Gulf oil spill said complacency and cost-cutting led BP to make a series of decisions that complicated operations and added risk before the rig exploded.
Gulf oil spill report: BP ultimately responsible in Gulf spill

Gulf oil spill report, released Wednesday, said in the days leading up to the disaster, BP made a series of decisions that complicated cementing operations, added risk, and may have contributed to the ultimate failure of the cement job.
Terrorism & Security
Race for oil heats up territorial disputes in the South China Sea

The expansion of oil exploration and drilling in the South China Sea has raised the stakes in the various territorial disputes between China and its neighbors, particularly the Philippines.
Gulf oil spill aftermath: 'Drill, baby, drill' era may be gone forever

The Gulf oil spill was capped a year ago Friday, but offshore drilling is still far off its pre-spill pace. With a new regulatory agency putting a greater emphasis on safety, the industry might have to adjust to a new normal.