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Brazil cites Chevron third time for oil spill
Reuters
RIO DE JANEIRO (Reuters) – Brazil’s oil industry watchdog ANP said on Friday it issued a third citation against Chevron for a November oil spill at the Frade offshore field, signaling that regulators are stepping up oversight of the No. …
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Criminal Charges in Oil Spill
NBC Los Angeles
Crimson Pipeline Management caused a 2010 oil spill and failed to report it in a timely manner. By Sharon Bernstein Is the way we select our judges the best way to arrive at a judiciary chosen from a wide spectrum of the population? …
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Brazil Oil Regulator Fines Chevron for Third Time for Spill
BusinessWeek
The regulator took action against Chevron in November for not complying with a plan to close down the well and not providing complete videos of the oil spill. Each of the first two fines may be as much as 50 million reais ($26 million,) Magda …
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CNOOC’s fund not for Bohai oil spill
China Daily
BEIJING – China National Offshore Oil Corp. (CNOOC) said Friday that its future marine environmental fund has “no direct link” with the compensation fund launched by its US partner ConocoPhillips following severe oil spills in Bohai Bay. …
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A deadly poison created by mixing sunlight and oil in shallow water
io9
While a huge body of research has been done on the immense oil spill in the Gulf Coast, another, smaller, spill in the San Francisco Bay has shown not only that we don’t know much about how different types of oil behave in the environment — but also …
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Coastguard Aparri assures no oil spill from capsized vessel
Philippine Information Agency
Chief petty officer Ernesto Renon said they constantly monitor the capsized vessel’s condition and they don’t see any signs of oil spill or any cause of danger to the marine lives; but, he also admitted that if the vessel will remain in the area few …
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BP touts progress ahead of oil spill’s two-year anniversary
PRWeek
The oil company unveiled a multifaceted campaign to update the public on its progress in restoring the Gulf Coast region as the second anniversary of the accidents nears. The largest part of the effort is a nationwide TV advertising campaign featuring …
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WEEKEND EXTRA: Pipelines will fuel plenty of talk
Vancouver Sun
In the eyes of many environmentalists and first nations communities, however, the project represents the risk of a major oil spill — either from pipeline rupture or a tanker accident off British Columbia’s pristine north coast. …
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Energy Department predicted the 2011 boom in US fuel exports
Los Angeles Times
The 2011 Argus Americas Crude Summit, held in Houston last January, was named “Life After Macondo” and focused on the aftermath of the BP Deepwater Horizon oil spill. But American consumers might have been far more interested in a presentation that …
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IBM, Chevron, Boeing: Dow Losers
TheStreet.com
Chevron, though, continues to face a string of negative headlines resulting from an offshore oil spill in Brazil which will carry over into 2012. On Friday, it was hit with a third fine by Brazil’s oil watchdog, ANP, for the November spill in its Frade …
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Report: Dept of Justice planning charges in BP Deepwater disaster
AMERICAblog (blog)
The US Attorney-General Eric Holder announced a criminal investigation at the height of the public outcry over the spill, which sent BP shares plunging and even called into question whether it could survive as a company. To date, the British oil giant …
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Brazil slaps new fine on Chevron
Sacramento Bee
Chevron has been fined 10 million reals ($5.4 million) for allegedly breaching its environmental license and 50 million reals ($27 million) for the oil spill. Oil began leaking on Nov.7 from the well about off the northeastern coast of Rio de Janeiro …
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Sun-oil mix deadly for young herring
Science News
Carol Vines, UC Davis Bodega Marine Laboratory A lethal combination of oil and sunlight proved unexpectedly toxic to herring embryos after a 2007 fuel spill in San Francisco Bay, virtually disintegrating the developing fish in the water. …
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Oil Prices to Hinge on Economy, Hofmeister Says
Bloomberg
Hofmeister, speaking with Betty Liu on Bloomberg Television’s “In the Loop,” also discusses the importance of the Keystone XL oil pipeline and the possibility that BP Plc staff may face criminal charges over the 2010 Gulf of Mexico oil spill. …
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Business news in brief
STLtoday.com
Chevron has been fined $5.4 million for allegedly breaching its environmental license and $27 million for the oil spill. Oil began leaking on Nov.7 from the well about off the northeastern coast of Rio de Janeiro state. Chinese manufacturing contracts …
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LSU’s run to BCS title game tops list
Houma Courier
Area fishermen also had a reason to celebrate as the summer fishing rodeo season was in full swing after a one-year hiatus because of the BP oil spill. State championships and coaching changes also highlighted the local sports scene in 2011. …
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Beyonce Baby Rumors Are Rampant
The Root
Criminal charges prepared for BP oil spill: Prosecutors are preparing criminal charges against BP PLC employees after the 2010 Deepwater Horizon accident that claimed the lives of 11 workers and went down as the worst offshore oil spill in US history. …
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BP money buys sports towels, Xmas lights, jingles
BusinessWeek
By MIKE SCHNEIDER and MELISSA NELSON Officials in the Florida Panhandle have spent tens of millions of dollars of BP’s money on a mix of eye-raising purchases that were meant to help restore the area’s tourism industry a year after the Gulf oil spill. …
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The Verdict: Criminal Charges Coming to BP?
MyFox Detroit
(WJBK) – FOX 2 legal analyst Charlie Langton joined us to explain why there’s a possibility several BP employees could face criminal charges stemming from the 2010 Gulf oil spill. Plus, a local Huntington Woods man is taking a neighbor to court over …
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China Accepts $78M Lawsuit Against ConocoPhilips (COP) Tied to Bohai Bay Spill
StreetInsider.com (subscription)
The incident in June, which caused 3343 barrels of oil spill into Bohai Bay, also caused Chinese authorities to halt production in one of China’s largest offshore sites, potentially lasting into 2012. Conoco has tried to fight the accusations, …
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Why the Dow’s Sliding Today
Motley Fool
Oil prices were little changed, hanging just below the key $100 level but posting about a 9% gain for 2011. Chevron got bad news as Brazil imposed a third fine on the company following a November oil spill off the South American nation’s coast. …
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Nigeria: Bonga Oil Spill – FG Hasn’t Learnt From Gulf of Mexico Crisis – Activist
AllAfrica.com
Yenagoa — An activist, Mr. Osteen Igbapike, yesterday, expressed concern over the Bonga oil spill on the Atlantic fringe of Bayelsa State, saying that Nigeria has learnt nothing from the recent Gulf of Mexico oil spillage, and the response from the …
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2011 Sustains Greatest Disaster-Related Economic Losses in History
Justmeans
[4] But many of this year’s disasters were man-made, and they mainly stem from our continuing reliance on fossil fuel: the Yellowstone River oil spill in Montana, the Huizhou oil refinery explosion and the Bohai Bay oil spill in China, …
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New Zealand Votes for it’s Own Destruction
Scoop.co.nz
Even though the lessons from the Gulf of Mexico BP deep sea oil disaster proved that there is no way of coping with deep sea oil disasters. Even though they couldn’t cope with the recent oil spill from a freighter [the Rena] without destroying and …
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The Oil That Comes in from the Cold
Inter Press Service
Scientists like Peter Wadhams of the Scott Polar Research Institute at the University of Cambridge, UK, have warned how difficult, if not impossible, it would be to deal with a catastrophic oil spill in the Arctic like the one that occurred in the Gulf …
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NEW YEAR’S REFLECTIONS: City leaders assess the trials and triumphs of the …
Destin Log
If the oil spill defined 2010, what would you say the defining moment of 2011 was? Bagby: The tourists coming back in droves. The elasticity of our tourism appeal is amazing. Hines: We had a record tourist season and no serious weather issues in 2011. …
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Ring out the old: 2011 arduous year
Jackson Clarion Ledger
That “extreme weather,” whether one believes in manmade climate change or not, came on top other recent disasters such as the verifiably manmade BP oil spill that cast a stain on Mississippi’s economy during 2011. Then, there was the lasting and deep …
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Wind and Solar Projects Advance on a Fast Track
Wall Street Journal
In addition, tighter safety standards instituted after the Deepwater Horizon oil spill in April 2010 have lengthened the time it takes for companies to get drilling approval in the Gulf of Mexico. The administration has allowed deep-water drilling to …
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AP News in Brief at 11:58 pm EST
Newsday
The Obama administration halted drilling and stopped issuing new permits after the explosion of a BP well killed 11 workers and caused the largest oil spill in US history. ___ Verizon Wireless reverses on plans to charge $2 for one-time payments by …
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Stories expected in Friday’s edition
Quincy Herald Whig
GULF OIL SPILL-SPENDING SPREE: In an effort to boost tourism, Florida Panhandle officials spend $30 million from BP after the Gulf oil spill to pay for towels and fleece blankets, a poker tournament and a massive Christmas display. …
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Year in review: US downgraded and desperate in 2011
New Zealand Herald
If 2010 was dominated by the BP oil spill in the Gulf of Mexico, this year’s cause celebre was the Keystone XL pipeline, an ambitious scheme to ship crude oil from Canadian tarsands to the Texas Gulf. Proponents argued it would bestow “energy …
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