Tag Archives: gulf

Japanese to pay for part of BP’s Gulf of Mexico oil disaster

While British Petroleum fights to pin blame on others for the 2010 Gulf of Mexico oil disaster, they somehow have convinced one of its Japanese business partners to pay for part of it.

MOEX, a unit of Japanese trading firm Mitsui and Company, will pay just over $1 billion to cover damages and clean up.  MOEX is a 10% shareholder of BP.

British Petroleum is struggling to come up with an estimated $40 billion to pay for damages and clean up.

BP blames rig owner for Gulf of Mexico oil disaster

British Petroleum is suing Transocean for at least $40 billion in damages.  BP claims the worst offshore oil spill in U.S. history was caused by the failure of every safety system on the Deepwater Horizon rig.

BP is also suing Cameron International, claiming they provided a faulty blowout preventer.

Transocean, and Cameron International are suing BP, saying British Petroleum caused the problems, by making decisions based on cost savings, not safety.

Transocean is also suing Cameron International, and Halliburton, as well.

Remember the Mexican Gulf Oil disaster? Company officials get bonus for beating “safety” standards!

“Notwithstanding the tragic loss of life in the Gulf of Mexico, we achieved an exemplary statistical safety record as measured by our total recordable incident rate and total potential severity rate.”-Transocean, LTD

Transocean, one of the companies involved with the BP (British Petroleum) oil rig disaster in the Gulf of Mexico, gave it’s executives pay raises and bonuses, for having their “best year” ever for safety!

Can you say “What the F**k!”  Let me remind you that 11 people were killed on 20 April 2010, after an explosion on the BP-leased Deepwater Horizon platform. Nine of those killed were Transocean employees. And they say they had their best year ever?  If that was their best year ever then they need to be investigated big time.  How many other people have died while working for Transocean?

Also, the disaster isn’t over with. There are still plumes of stuff coming up from the bottom of the Gulf. The well that the Deepwater Horizon was drilling at the time of the explosion may have been capped, but there are reports that plumes are coming up from other areas, that might have been caused by previous drilling by the Deepwater Horizon platform.

More proof that corporations don’t give a crap about you.