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23 Mar 2011 16:08

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Tech: Probe: Blame design flaws, not just BP, for Gulf Oil Spill

  • Hey, let’s not forget about this: A report compiled by risk management firm Det Norske Veritas on last year’s oil spill in the Gulf came out today. (They were hired by the federal government, not BP, by the way.) They claim that design flaws scuttled the blowout preventer; as the well lost control, the drill pipe bent and buckled, which blocked the shear rams. Shear rams are the means by which the blowout is supposed to be prevented, as they’d cut through the drill pipe to safeguard against the well’s pressure level. Sadly, these sort of industrial fail-safe systems don’t always work as well in reality as in theory. source
Posted by Chris Tognotti • 0 Comments • Permalink


07 Feb 2011 22:33

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U.S.: The downside of placing a moratorium on deepwater drilling

  • 8,000 jobs lost due to recent oil drilling restrictions source
Posted by Seth Millstein • 0 Comments • Permalink


26 Dec 2010 12:35

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Culture: Kevin Costner, Stephen Baldwin fight over BP oil spill

stephenbaldwin1226
Remember how Kevin Costner somehow came up with a way to separate oil from water? Seems one of the Baldwin brothers was also involved. Now Stephen’s suing. source
Posted by Ernie Smith • 0 Comments • Permalink


02 Nov 2010 10:29

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Biz: BP somehow posts profit, despite massive Gulf Oil Spill cost

  • $40
    bilion     the amount BP has set aside for paying for this oil spill (over two separate quarters) – bigger than many countries' GDP
  • $1.79
    billion     the company's profit third-quarter profit, despite a $7.7 billion spill-related charge – it's insanely impressive they have one at all source
Posted by Ernie Smith • 0 Comments • Permalink


04 Sep 2010 21:19

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U.S.: Thad Allen: The Macondo oil well is no longer in danger of leaking

  • I’m very pleased to announce that with the new blowout preventer on this well, and the cement that was previously put in … that this well does not constitute a threat to the Gulf of Mexico at this point.
  • Thad “I don’t get paid enough for this #(&@” Allen • Claiming that BP’s leaky well is no longer a threat of breaking anymore. There’s a lot of stuff blocking the Macondo well, like a 5,000-foot column of cement. And it’s only going to become more secure soon enough – the bottom kill still needs to be done. At which point work will focus on the relief well and abandoning the old well. So, that’s something. source
Posted by Ernie Smith • 0 Comments • Permalink


30 Aug 2010 09:10

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Biz: BP partly pins oil spill blame on engineers who can’t read

  • Apparently, they misread an April 20 report on the well. Remember this thing and how it used to be in the news every day? Yeah. Anyway, Bloomberg’s reporting that, according to a BP internal investigation, managers on the rig misread a report saying that pressure levels were very high, leading to the Deepwater Horizon’s destruction. Attorneys for BP have also worked on sullying the names of Transocean and Haliburton, which thus far haven’t stuck. source
Posted by Ernie Smith • 0 Comments • Permalink


06 Aug 2010 14:42

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Biz: Does BP has its sights on drilling around the Macondo well again?

  • YES they have to pay for those lawsuits somehow source
Posted by Ernie Smith • 0 Comments • Permalink


 

02 Aug 2010 20:34

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U.S.: Feds: The oil spill’s final tally is somewhere between a lot and A LOT

  • 5
    million     the number of barrels that U.S. scientists estimates came out of the Gulf Oil Spill
  • 3.3
    million     the number of barrels that reportedly came out of the next biggest oil spill –way back in 1979 source
  • Not perfect, but … While the oil spill certainly isn’t the easiest thing in the world to narrow down, but the federal science and engineering teams on the case claim their number is within ten percent. It’s the difference between huge and HUGE.
Posted by Ernie Smith • 0 Comments • Permalink


21 Jul 2010 23:02

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U.S.: Did BP know of the idea for the cap for a really long time?

  • YES it was suggested months ago; good job, BP source
Posted by Ernie Smith • 0 Comments • Permalink


18 Jul 2010 10:23

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U.S.: Oil spill: BP says the cap is working so well, it’s gonna stay on

  • good Over a couple of days of testing, BP has found that the well hasn’t leaked any oil since the cap was put on.
  • better Rather than removing it, they’re going to leave it on for testing until they have a permanent solution. Hooray! source
Posted by Ernie Smith • 0 Comments • Permalink


 
 
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