Transocean

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BP Cut Corners on Well Casing
 BP Cut Corners on Well Casing 

BP Cut Corners on Well Casing

Went with riskier option because it was cheaper

(Newser) - First rule of business, kids: cut costs where you can. For example, if you can buy a cheaper cement for the casing pipe in your oil well, and the only risk is that it might fail to seal, let gas leak in, and lead to a massive explosion, you should...

Oil Rig Workers Blew Past Red Flags

Equipment showed danger of blowout, but they kept working

(Newser) - Just two hours before the Deepwater Horizon exploded, a major test revealed a “very large abnormality” in the well, but workers simply ignored it and kept working, BP revealed in a report to Congress yesterday. Previously, BP had said the test was inconclusive, the Wall Street Journal notes, but...

Obama Slams Oil Spill Blame Game as 'Ridiculous Spectacle'

President has tough talk about the Gulf spill

(Newser) - President Obama ripped into the companies involved in the Gulf oil spill today, deriding their finger-pointing before Congress as a "ridiculous spectacle." He also promised to end a cozy relationship that has existed between federal regulators and companies drilling offshore for oil and gas.

Oil Execs' Refrain: Don't Blame Me, Blame Him
Oil Execs' Refrain: Don't Blame Me, Blame Him
updated

Oil Execs' Refrain: Don't Blame Me, Blame Him

BP, Transocean, Halliburton CEOs testify in DC

(Newser) - As expected , the leaders of the oil and oil service companies involved with the Gulf oil spill attempted to shift blame onto one another at a Senate hearing today. Executives from BP, Transocean, and Halliburton each blamed the other companies' work for the blowout, the Washington Post reports. BP's...

Oil Firms Blame Each Other for Spill

3 to point fingers in Senate testimony today

(Newser) - Execs from three firms involved in the Deepwater Horizon explosion and oil spill will blame each other for the disaster when they face a Senate hearing today. In prepared testimony reviewed by the Wall Street Journal , the chairman of well owner BP points the finger at rig owner and operator...

Palin: Don't Trust Foreign Oil Companies

Like that no-good BP, which used to employ Todd Palin

(Newser) - Sarah Palin is fired up about the Gulf Coast oil spill, and she's taking away a powerful lesson: Don't trust foreigners, like those tea-sippers over at British Petroleum. “Gulf: Learn from Alaska's lesson w/foreign oil co's: don't naively trust—VERIFY,” she wrote on Twitter . That sounds great and...

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