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Posts on ‘August 13th, 2010’

BP agrees to $50.6 million fine for safety violations in Texas City explosion

The Washington Post By Sam Hananel Friday, August 13, 2010 Oil giant BP has agreed to pay a record $50.6 million fine for safety violations at a Texas oil refinery where a 2005 explosion killed 15 workers. Although the fine pales in comparison with the billions of dollars BP has committed to pay for damages [...]

Corrib Gas Project: very nervous about being specific on paper about landfall or pipeline routes

Another leaked internal email from the Corrib Gas Project supplied by the “Celtic Tiger 5″ group of dissident Shell employees. Ancient but revealing. From: McGoldrick John Sent: 07 January 2000 16:39 To: Adlam, John; Easey John; Simpson Mike; Steen Rosemary Subject: RE: Corrib – Design Basis for Commerciality Review Seems to be a problem with [...]

Shell Debt Risk Falls After Company Agrees $5 Billion Loan

San Francisco Chronicle Friday, August 13, 2010 Aug. 13 (Bloomberg) — Credit-default swaps linked to Royal Dutch Shell Plc fell to the lowest in two weeks after Europe’s largest oil company said it obtained $5.1 billion of credit lines to refinance debt. Contracts on Shell fell 2 basis points to 76.3, the lowest since July [...]