Stories Tagged as
Oil
BP faces criticism from PR experts
by
Bob Moon
May 14, 2010
BP's CEO is taking flak for his comment that the big oil spill is "tiny" in relation to the "very big ocean." With one researcher suggesting that the massive oil leak could be much bigger than BP has admitted, the company is increasingly on the defensive. Bob Moon reports.
Congress to probe for real amount of spill at BP oil leak
May 14, 2010
Congress wants to determine how much oil spilling into the Gulf of Mexico from the accident at the BP oil rig. Although BP has said 5,000 barrels a day were spilling from the well, new reports say it could be more than 10 times that amount.
BP oil spill hearing moves to House
by
John Dimsdale
and Stacey Vanek Smith
May 12, 2010
The House of Representatives will hear testimony from oil executives who shared responsibility in the BP oil rig disaster. John Dimsdale covers the finger-pointing and a proposed $10 billion liability cap.
Who benefits from Gulf oil spill?
by
Rob Schmitz
May 11, 2010
We're all losers from the oil spill in the Gulf of Mexico. But there are going to be some winners, too. Rob Schmitz explains.
A plan to split offshore oil agency
May 11, 2010
Executives from BP and its drilling rig partners tried to explain to the Senate Energy Committee how the Gulf oil accident wasn't their fault. Now changes may be coming to the agency that regulates offshore drilling. Brett Neely reports.
BP, Transocean explain oil leak to Congress
by
John Dimsdale
and Stacey Vanek Smith
May 11, 2010
Heads of BP, Transocean and Halliburton are on Capitol Hill this morning to explain to Congress what went wrong in the BP oil accident. A lot of finger-pointing is expected. Stacey Vanek-Smith talks to John Dimsdale.
BP using problematic chemical to disperse oil
by
Jill Barshay
May 11, 2010
BP has bought a stockpile of a chemical called Corexit to use on the oil slick, a product that breaks up the slick into tiny droplets that sink underwater. Environmentalists worry the toxic material will hurt sea life. Jill Barshay reports.
For public good, not for profit.
Choppy waters ahead for offshore oil
by
Rob Schmitz
May 6, 2010
With all this oil leaking into the Gulf of Mexico, what do folks in the energy industry think it means for their fortunes? Rob Schmitz reports that for folks at the annual Offshore Technology Conference, it's been a nail-biter.
Transocean oil safety a reoccuring issue
May 6, 2010
In light of the Gulf of Mexico incident, this is not the first time that Transocean, which built the faulty oil rig, has had safety issues. Stacey Vanek-Smith talks to Marketplace's Stephen Beard, who recalls the company's troubles in Britain.
Oil industry talks drilling safety
May 6, 2010
Offshore drilling safety is the focus of an annual oil industry gathering in Houston. Some wonder why more countries don't require an acoustic switch that could help prevent accidents. Stacey Vanek-Smith talks to Marketplace's Rob Schmitz.