TEGUCIGALPA, Honduras— Honduran authorities have arrested four people in connection with the murder of environmental activist Berta Caceres, including three who worked for a hydroelectric project she opposed. Public prosecutor's office spokesman Yuri Mora says those arrested worked for or were employees of Desarrollos Energeticos SA, which was... » Read More
With oil still spilling into the Gulf of Mexico, BP is clearly under growing pressure. One front is focusing on the company's dividend. Today, we want to know if you think BP should lower it, suspend it or keep shelling it out. Share your opinion in our poll.
For BP, a company that’s had a helluva time getting a “cup” on the Gulf of Mexico oil gusher it is responsible for, it’s now connected to another cup, the BP Crosstown Cup in Chicago. And it's a strikeout for the oil producer.
It has been a reverse-gusher of a week for Anadarko, a 25 percent investor in the BP drilling disaster. Its stock has been the worst performing on the S&P 500 this week, as investors anguish over Anadarko’s possible liability.
There's a bit of a British backlash over BP. They're upset over the way the White House is treating the company after it caused the biggest environmental disaster in US history. We want to know if you think the Brits are being overly sensitive. Share your opinion in our poll.
In an effort to push back the oil, Louisiana is increasing the flow of fresh water into the marshland where the oysters are harvested. That means, at least at this moment, the fresh water is a bigger threat to the oyster beds, than the ever-growing oil slick coming from BP's well.
In the absence of congressional action on climate change, the Senate is heading toward a much-watched vote on whether the Obama administration should be allowed to go ahead with regulations curtailing greenhouse gas emissions from power plants and other major polluters.
Tests confirmed that some toxic compounds that would evaporate in a shallow-water spill are instead spreading, just as President Obama plans his fourth trip to the region. The NYT reports.
"You and I eat steaks and pizza. Microbes eat hydrocarbons," says Kennedy, President and CEO of Bioremediation, Inc., a company that uses microbes to clean up hazardous chemicals.
BP will survive the debacle in the gulf, yet the oil giant will remain impaired years down the road, said Paul Smith, chief risk officer at Mobius Risk Group, which ones a commodity advisory firm.
The oil industry’s foremost authority on reservoir management and upstream technology called the BP oil spill a Black Swan event that, however catastrophic, has the potential to improve drilling practices in particular and the industry in general.
Amish farmers are facing growing scrutiny for agricultural practices that the federal government sees as environmentally destructive.
About 6,000 claims in total have been filed against BP since its massive oil spill in the Gulf of Mexico.
There are numerous potential cleanup methods, some that are already being used and others that are... well, rather non-traditional.
The U.S. Department of Interior said Tuesday that oil has been leaking from a non-BP well into the Gulf of Mexico, but put the size of the leak at less than a barrel a day.
Going green has made sense for many companies in the past years, and the proven benefit to the bottom line has begun to sink in gradually as companies battle tarnished reputations (BP, Goldman Sachs) and distrust in the marketplace. Suddenly, sustainability and going green are popular.
It seems unthinkable, even now, that the disastrous oil spill in the Gulf of Mexico could bring down the mighty BP. But investment bankers get paid to think the unthinkable — and that is just what they are doing. The New York times explains.
With no consensus among experts on how much oil is pouring from the wellhead, it is hard, if not impossible, to assess the containment cap’s effectiveness. The NYT reports.
It's possible that the current oil leaking into the Gulf of Mexico could last a year, said oilman T. Boone Pickins, citing similar leaks.
A machine known as the Voraxial Separator uses force to pull apart oil and water that have mixed together and could be helpful in cleaning up the Gulf of Mexico spill.
As officials reported a gradual increase in the amount of oil being captured from a spewing wellhead at the bottom of the Gulf of Mexico on Monday, BP said it plans to replace the cap collecting the crude with a slightly bigger device next month.