September 8, 2010
An explosion ripped through a major Mexican refinery Tuesday, killing one worker and pushing gasoline and diesel prices higher on worries state oil monopoly Pemex will have to import more fuel. Pemex, the world’s No. 7 crude producer and a …
September 8, 2010
BP’s Deepwater Horizon oil disaster in the Gulf of Mexico was not caused by a single factor but by “multiple companies and work teams,” according to the oil giant’s internal investigation. BP’s report concludes that a sequence of failures involving …
September 7, 2010
Oil giant BP said it is providing $10 million to the National Institutes of Health (NIH) to support a study of potential public health issues relating to the Gulf of Mexico oil disaster and other spill-related health research. The $10 …
September 7, 2010
Tropical Storm Hermine slammed into northeastern Mexico near the Texas border Monday, dumping heavy rain on a region still recovering from Hurricane Alex’s visit in June. Hermine, the eighth named storm of the Atlantic hurricane season, was expected to weaken …
September 7, 2010
Tropical Storm Hermine blew into the border region between Texas and Mexico late Monday night, landing in Northeast Mexico and crossing into Texas early Tuesday morning, bringing with it 60 mph winds, heavy rains and flooding. Like many hurricanes and …
September 6, 2010
Gulf Oil Spill Claims BP, which transitioned its individual and business claims program to the Gulf Coast Claims Facility (GCCF) and Kenneth Feinberg on Aug. 23, reported that it has made claim payments of nearly $400 million during the 16 …
September 3, 2010
About 45 nations met on Thursday to seek ways to raise billions of dollars in aid to help the poor combat climate change as the United Nations warned them of a long haul to slow global warming. Environment ministers and …
September 3, 2010
Aon Benfield’s latest release of its Monthly Cat Recap report, which provides an analysis of global natural perils in August, reports the month was “dominated by historic floods in Pakistan destroying over 1.25 million homes, a massive landslide in China …
September 3, 2010
Hurricane Earl battered North Carolina’s coast with rain, winds and waves Friday and swirled up the U.S. eastern seaboard toward New England and Canada as a weakened but still dangerous storm. The impact of the Category 2 storm appeared to …
September 3, 2010
BP Plc said the cost of dealing with its oil spill in the Gulf of Mexico had risen to $8 billion as the oil giant prepared to release the findings of an internal probe into the causes of the disaster. …