A US court ruling that dramatically ramped up BP Plc’s potential penalties for the 2010 Gulf oil spill could create new liability risks not just for deep water drillers but also for other industries like mining and nuclear power generation. US District Judge Carl Barbier in New Orleans, Louisiana, on Thursday found BP guilty of […]
Louisiana is sinking, oil refineries threatened
Southeastern Louisiana is sinking – fast. In only 80 years 5,200 square kilometres of coast have become open ocean. The U.S. National Oceanic and Atmospheric Administration scientists say by 2100 “the Gulf of Mexico could rise as much as 4.3 feet across this landscape,” meaning that all of the infrastructure located outside of the protective […]