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- IRELAND oil spill costs £0.5 million: Limerick County Council search for liability
- NORTH SEA gas leak: Total wipeout as cost estimate tops £12 billion
- Oil Spill Costs: Stopping US tax breaks for polluters
- NIGERIA oil spill: Bonga to cost billions
- WASHINGTON OIL SPILL: costing $11 billion every 1000 years?
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Tag Archives: bp
Oil Spill Costs: Stopping US tax breaks for polluters
BP stands to save $10 billion from their contribution to oil spill costs in the Gulf Of Mexico owing to exploitation of tax breaks in the USA. Representative Alcee Hastings, (D-FL), introduced a bill that would abolish write-offs oil … Continue reading
Posted in bp oil, bp oil spill, oil economics, oil spill, Uncategorized
Tagged bp, compensation fund, economics, Gulf of Mexico, Gulf Oil Spill Compensation Fund, spill, US
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FISHERMEN compensation from oil spills: why do oyster farmers double shrimpers?
Oil spill compensation czar Alan Feinberg is poised to announce more compensation for Gulf of Mexico fishers affected by the oil spill. It is clear that the science of how fish and fishing are affected by oil spills and slicks, … Continue reading
Posted in bp oil, bp oil spill, egypt oil spill, enbridge oil spill, mumbai oil spill, nigeria oil spill, oil economics, oil spill, Uncategorized
Tagged 20 billion, bp, compensation fund, cost, economics, Gulf of Mexico, oil, oil spill, spill, spill response, US
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OIL SPILL INFOGRAPHIC: social analysis of how we all reacted online to Gulf of Mexico oil spill
An infographic from late last year by SocialSphere aggregating information on social network impact of the Gulf of Mexico oil spill. Quote: “This June, while engineers in the Gulf were trying to stop the destructive flow of oil from BP’s … Continue reading
Posted in bp oil, bp oil spill, oil economics, oil spill, Uncategorized
Tagged bp, economics, environment, Gulf of Mexico, oil, oil spill, spill
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SAN FRANCISCO Oil Spill: $44.4 million costs for disaster
Hong Kong-based Regal Stone Limited and Fleet Management Ltd, the owner and operating companies of the M/V Cosco Busan have agreed to pay USD 44.4 million to fund cleanup costs for the environmental damage to the San Francisco Bay and … Continue reading
Posted in bp oil spill, enbridge oil spill, oil economics, oil spill
Tagged bp, disaster, environment, oil, oil spill, slick, spill, US, value
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SPILL INSURANCE: financial markets develop offering to reduce corporate risks from oil spills
Demand for oil spill risk protection from the oil industry is being met through an insurance scheme to allow oil companies to transfer multi-million dollar risks associated with large oil spills to capital markets investors, in the way insurers and … Continue reading
Posted in bp oil, bp oil spill, egypt oil spill, enbridge oil spill, mumbai oil spill, nigeria oil spill, oil economics, oil spill, Uncategorized
Tagged bp, compensation fund, economics, oil, oil spill, slick, spill, spill response, value
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YELLOWSTONE oil spill: set to cost Exxon over $1000 per gallon spilt
Initial estimates from Exxon show it has set a contingency of $43 million to cover damages from its oil spill in the Yellowstone River. The lion’s share ($40 million) is to cover the cleanup costs and the remainder for legacy … Continue reading
Posted in bp oil spill, oil economics, oil spill, Uncategorized
Tagged bp, compensation fund, cost, economics, environment, exxon, yellowstone
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Gulf of Mexico Oil spill: BP’s backroom “deals of the century”
BP is reaching settlement with its partners on the MC252 rig which caused theGulf of Mexico oil spill. It is settling “out of court” for around half of the estimated cost of the oil spill to BP. MOEX has agreed … Continue reading
Posted in bp oil, bp oil spill, oil economics, oil spill, Uncategorized
Tagged bp, disaster, economics, Gulf of Mexico, oil, oil spill, slick, spill response
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Oil Spill Infographic: latest breakdown of Gulf of Mexico costs
The Daily Telegraph (UK) has a neat pie chart illustrating best current estimates of how the costs of the Gulf of Mexico oil spill have been apportioned.
Posted in bp oil, bp oil spill, oil economics, oil spill, Uncategorized
Tagged bp, compensation fund, cost, economics, Gulf of Mexico, obama, oil, oil spill, tax
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US public to be taxed $12 billion forGulf of Mexico oil spill
BP is trying to reduce its tax bill in the United States by $12 billion owing to expenses incurred during theGulf of Mexico oil spill. This debate will once more pit BP and the USofficialdom and public against one another. … Continue reading
Posted in bp oil, bp oil spill, oil economics, oil spill, Uncategorized
Tagged bp, cost, economics, oil, oil spill, slick, spill, spill response, tax, tax breaks, US
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ALBERTA oil spill to cost in the billions as Canada questions pipeline spaghetti
Last week’s oil spill in Alberta of 28,000 barrels (4.5 million litres) into the forest and muskeg of northern Alberta will cost billions. The spill is from the 220,000 barrel-a-day Rainbow line. This is owned by a Canadian subsidiary of … Continue reading
Posted in bp oil, bp oil spill, oil spill, Uncategorized
Tagged bp, canada, economics, environment, Gulf of Mexico, oil, oil spill, slick, spill, spill response
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