US Issues Fines to Oil Spill Contractors

  In Washington, DC last October 13, 2011, the US offshore drilling regulator has officially issued sanctions against BP and other major contractors who were involved in the Deepwater Horizon explosion on 2010 that killed 11 workers and spewed more than 4 million barrels of oil into the Gulf of Mexico.

In accordance to law, the companies face fines as much as $35,000 a day per incident for the violations. In the final accident report issued last month, the Interior Department outlines infractions committed by the companies.

via William J Shaw

New Zealand Oil Spill Considered the Worst Ever

New Zealand treats the oil spill from a stranded container ship in The North Island as the worst maritime pollution disaster for the country.

According to the government, the volume of oil spilled from the wrecked vessel Rena, which hit the reef last October 15 has increased 5 times more after it sustained further damage in a storm overnight.

 

Environment minister Nick Smith said, "I’d like to acknowledge this event has come to a stage where it is New Zealand’s most significant maritime environmental disaster."

via William J Shaw

Australia to Help New Zealand Oil Spill Cleanup

An oil recovery team from Australia arrived in New Zealand to join hands with the government in dealing with an oil spill by a cargo ship into North Island, as reported by ABC News on October 9, Sunday.

ABC also reported that 10 Australians who worked on the Montara oil spill in Timor Sea two years back joined the on- water response team in New Zealand for that day.

It has been estimated by the officials that 20 tons of oil has been spilled since the Rena hit the Astrolabe Reed last October 5.

via William J Shaw

China Investigates Oil Spill

  China has made a major investigation when they detected an oil spill in Bohai Sea off its northern coast.

 

According to the report by Xinhua, the oil spill was discovered last Friday near an oil field in Liaodong Bay by the China National Offshore Oil Corp. The spill happened because an underwater pipe was damaged by the anchors of the ships, as reported by the company.

 

This accident came after another devastating oil spill that happened last June which affected the tourism and aquatic farming.

 

 

via William J Shaw

Oil Spill Affects Coast Life Greatly

  Environmentalists in New Zealand gave warning last Friday, October 7 about the big marine disaster as an oil spill from a grounded container ship continued to spread, affecting wildlife such as the whales, penguins, seals and fishes.

 

Just last Tuesday, October 4, not less than 4 seabirds were found dead in the waters around the 236-m long Rena, which ran aground on the Astrolabe reef, 12 nautical miles off Tauranga, in the Bay of Plenty.

 

Environment Minister, Nick Smith, said, “The spill which is now 6 km long as the potential to be New Zealand’s most significant marine pollution disaster in decades.”

 

via William J Shaw

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via William J Shaw

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via Posterize

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Oil Discovered in Ghana

  Oil has been discovered at Enyenra- 3A well in Ghana by a global oil and gas exploration company which have headquarters in London, Tullow Oil Pic.

The Enyenra – 3A appraisal is situated 4 miles north of the Owo- 1 discovery and around 11 miles north of the Enyenra – 2A well.

Tullow Oil Plc announced in its half-yearly results for the six months ended 30 June, 2011 that oil production from the Jubilee offshore oil field has significantly boosted its oil revenues to over $1 billion.  

Oil Price Drop, Lowest Since 2010

  Despite all the concerns regarding Greece’s debt and the possibility of world recession, the oil prices in morning trading, went down by two percent. This decrease in oil prices has been the lowest level point since 2010.

The oil prices’ benchmark fell to below US $78 per barrel. This oil price drop has been widely felt on Wall Street.

At market close yesterday, the crude oil prices fell two percent, less $1.59, and are in the $77 level, 61 per barrel in New York.  

Natural Gas Field Found in Sri Lanka

    A natural gas field has been found in Sri Lanka for the very first time. It was officially announced the President Mahinda Rajapakse. The president revealed this while having a speech at a ceremony held in President Rajapakse’s official residence in Kandy today.

 

The said natural gas field is found in the Northwestern Mannar basin. Cairn India which is engaged in oil exploration activities has found three oil wells so far and drilling of the second well has already begun.