BP expects to pay $1.7bn in latest Deepwater Horizon charges

BP is expected to pay a $1.7 billion (£1.2bn) charge from its fourth-quarter 2017 profits as part of its payments for the Deepwater Horizon disaster. The Court Supervised Settlement Programme (CSSP) is now winding down and the cash impact is expected to be spread over a multi-year period. Cash payments related to the disaster in […]

International response to Fukushima disaster outlined

Two years after the Fukushima nuclear disaster and with the situation still not under control, the OECD Nuclear Energy Agency (NEA) has published a report outlining the response of its member countries. According to the report, member countries immediately carried out preliminary safety reviews following the accident, before completing “stress tests” to reassess the ability […]

US nuclear plants withstand Irene

Hurricane Irene may have battered much of the US but it appears most nuclear plants escaped damage. Although millions suffered power failures from downed cables and blown transmission networks only a few nuclear power stations were affected according to the US regulatory authorities. The worst was Maryland’s Calvert Cliffs 1 reactor which automatically and safely […]

Yellowstone clean up well underway

A mass clean-up of the Yellowstone River is now underway. ExxonMobil have set up a central command unit alongside US government environmental authorities to try and disperse the crude oil which leaked into the river on Saturday morning. The spill came from a pipeline that runs from Silver Tip to Billings in Montana. Nearby residents […]