Posts Tagged “fines”

BP Gulf Coast Oil Spill Fines Could Turn Into Jobs Boon

Originally published on Business & Law. By: By PIERRE BERTRAND The 2010 Gulf Coast oil spill may prove to be a jobs booster for the region, if money paid in damages is spent to restore the Gulf’s coast. That’s according to an independent study by  Mather Economics. BP stands to pay billions of dollars in environmental fines under […]

New Zealand oil spill ship owners charged

Originally published by The Guardian. Liberian-based Daina Shipping, a branch of the Greek company Costamare, faces big fines over Rena disaster. New Zealand authorities have filed charges against the owners of a cargo ship that ran aground on a reef six months ago, creating what authorities describe as the country’s worst maritime environmental disaster.

New oil leak found in Brazil

Originally published on The Raw Story. By Agence France-Presse Brazil’s environmental authorities said they have discovered a 10,000 liter leak at an oil platform in the pristine Bay of Ilha Grande, the second such mishap to threaten this country’s shorelines in recent weeks. Carlos Minc, Environment Secretary in Rio de Janeiro state, said the accident […]

Chevron faces $10.6bn Brazil legal suit over oil spill

Originally published on the BBC. Prosecutors in Brazil are demanding $10.6bn (£6.8bn) from US oil company Chevron for environmental damage caused when one of its oil wells leaked off the coast of Rio de Janeiro. The prosecutors also asked the court to immediately suspend the operations of Chevron and its drilling contractor, Transocean, in Brazil.