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 […]

Shell says oil spill in Nigeria’s Delta is being contained

Shell says an oil spill in Nigeria’s Delta is being contained after a leak was found in one its pipelines. The Nigerian military’s Joint Task Force (JTF) discovered the spill near Adamakiri in Rivers State whilst searching for illegal oil refiners in the area. In a statement the JTF is reported to have said: “An […]

South West Water tots up two fines in two days

South West Water has been ordered to pay two separate fines in as many days. On Monday the company was fined £16,000 for discharging poor quality sewage effluent into the Tamar estuary and on Tuesday it coughed up a further £9,350 in fines and costs after sewage polluted a stream near one of Cornwall’s most […]

Government to increase transparency on spills

The Government will increase its reporting of oil spill data following the Total gas leak in the North Sea. Energy Minister Charles Hendry said today that improving transparency was important. Speaking at a joint press conference held today in Aberdeen with the Managing Director of TOTAL, Charles Hendry praised the oil firm for their quick […]

BP pays more as Halliburton wins and loses

BP, the firm at the centre of the Deepwater Horizon environmental disaster, has been ordered to protect contractors Halliburton from third party compensatory claims, which means BP will be forced to pay the majority of the clean-up costs. Halliburton, which provided cementing services for the Macondo well that leaked the biggest oil spill in US […]

Government happy with Shell’s North Sea clean up

The Government has welcomed the news that Shell has successful vented remaining gas from the stricken Gannet pipeline. Between the 10th and 19th of August this year, the pipe released 218 tonnes of oil into the North Sea Hugh Shaw, the Secretary of State’s Representative (SOSREP) for Maritime Salvage and Intervention said he was happy […]

Fear that New Zealand tanker may disintegrate

The stricken ship off the coast of New Zealand has suffered substantial structural failure, with a crack appearing in the hold on the starboard side. Authorities are worried the ship may break up as half of the ship remains lodged on the reef and the other half moves with the waves. The Rena ran aground […]

Weather may affect New Zealand oil spill

The clean-up operation of a stranded tanker off the coast of New Zealand has been halted due to severe weather warnings. Oil has washed up on New Zealand beaches following the grounding of the oil tanker Rena last week, which has lead to New Zealand authorities to issue a health warning. The container ship struck […]

Shell spill is under control, says Government

The Government has said they believe the Shell oil spill in the North Sea is under control. Mr Hugh Shaw, the Secretary of State’s Representative for Maritime Salvage and Intervention said: “The risk of further oil releasehas considerably reduced following a successful operation to return raised sections of the pipeline to the seabed with concrete […]

BP coughs up $5bn for oil spill victims

BP has paid more than $5 billion (£3.04bn) to 204,434 claimants after the Gulf of Mexico oil spill in 2010. Run by the Gulf Coast Claims Facility, which was set up between the London-based oil company and the Obama administration, the fund draws on $20 billion set aside by BP. The fund has had to […]