So a “best year” means having an oil rig explode, which cost 11 people their lives and lead to the biggest oil spill in American history? Transocean Ltd. gave its top executives bonuses for achieving the “best year in safety performance in our company’s history” — despite the explosion of its oil rig that […]
Judge Martin Feldman, the man who just reversed the Obama administration’s moratorium on offshore drilling has something interesting on his financial disclosure form: Line 19 – Transocean. He was paid a dividend from one of the companies involved in the disaster? That seems like a conflict to me. There’s also quiet a bit of other […]
About damn time: A team of top federal prosecutors and investigators has taken the first steps toward a formal criminal investigation into oil giant BP’s actions before and after the drilling rig disaster off Louisiana. The investigators, who have been quietly gathering evidence in Louisiana over the last three weeks, are focusing on whether BP […]