When the oil and gas industry says that we’re part of the solution to the global need to transition to lower carbon energy sources, we mean it, and we evidence it with our actions. However, many people automatically dismiss anything coming from our industry, or label it “greenwashing”.
ExxonMobil is about to incur the biggest writedown in its modern history as what was once an exemplar of American capitalist might shudders under the weight of debilitated energy markets.
Energy giant BP has told investors it is using business lessons from the aftermath of the Deepwater Horizon disaster to weather the current Covid-19 crisis.
Energy giant BP has said it will “never forget the 11 people who lost their lives, nor the damage caused” in the Deepwater Horizon disaster exactly 10 years ago.
The Deepwater Horizon disaster forced the UK North Sea to “sharpen up its act”, reminding the sector of the “consequences of getting things wrong”, according to industry leaders.
A dispute between Halliburton and its insurer over its $1.1bn (£855m) Deepwater Horizon oil spill payments will be presided over by the UK’s highest court today.
Currently, more than a third of global oil and gas production comes from offshore fields. The exploration, development, construction, production, logistics, maintenance and decommissioning operations of these fields are carried out with maritime units, including offshore vessels, installations (fixed, floating and subsea) and pipelines. For many countries, the offshore industry is contributing significantly to the national and global economy.
The Trump administration is rolling back offshore drilling rules put in place after the 2010 Deepwater Horizon disaster killed 11 workers and spewed millions of barrels of oil into the Gulf of Mexico.
A deepwater oil spill in the north-east Atlantic could be more complex and difficult to combat than the Deepwater Horizon incident, according to new research.
Just as memories of the 2010 Deepwater Horizon oil rig disaster were starting to fade from public consciousness, an action-heavy movie version is set to bring them back, front and center.
Oil giant BP last night drew a line under its liabilities for the fatal Deepwater Horizon disaster, estimating the total charges to have reached $61.6billion (£46.2million).
Scientists from the University of Aberdeen heading for the North Atlantic to test a pioneering piece of research equipment that they believe will help improve how deep ocean ecosystems function and respond to a major oil spill.
A federal judge in New Orleans has granted final approval to an estimated $20 billion (£14billion) settlement over the 2010 BP oil spill in the Gulf of Mexico.