|
Deepwater Horizon Litigation
The civil and criminal proceedings stemming from the explosion of ''Deepwater Horizon'' and the resulting massive oil spill in the Gulf of Mexico began shortly after the April 20, 2010 incident and have continued since then. They have included an extensive claims settlement process for a guilty plea to criminal charges by BP, and an ongoing Clean Water Act lawsuit brought by the U.S. Department of Justice and other parties. A federal judge, ruling on the Clean Water Act suit in September 2014, found that BP was primarily responsible for the oil spill as a result of its deliberate misconduct and gross negligence. The finding means that the company may be subject to $18 billion in penalties in addition to the $28 billion already paid out in claims and cleanup costs. Such penalties are far larger than the $3.5 billion BP had allotted to the case, and could have grave implications for the company. Litigation timeline Litigation commenced almost immediately after the explosion ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deepwater Horizon Explosion
The ''Deepwater Horizon'' drilling rig explosion was an April 20, 2010 explosion and subsequent fire on the ''Deepwater Horizon'' Semi-submersible platform, semi-submersible mobile offshore drilling unit, which was owned and operated by Transocean and drilling for BP in the Macondo Prospect oil field about southeast off the Louisiana coast. The explosion and subsequent fire resulted in the sinking of the ''Deepwater Horizon'' and the deaths of 11 workers; 17 others were injured. The same Blowout (well drilling), blowout that caused the explosion also caused an oil well fire and a massive Deepwater Horizon oil spill, offshore oil spill in the Gulf of Mexico, considered the largest accidental marine oil spill in the world, and the largest environmental disaster in United States history. Background ''Deepwater Horizon'' ''Deepwater Horizon'' was a floating Semi-submersible#Mobile offshore drilling units (MODU), semi-submersible drilling unit — a fifth-generation, ultra-de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Court Order
A court order is an official proclamation by a judge (or panel of judges) that defines the legal relationships between the parties to a hearing, a trial, an appeal or other court proceedings. Such ruling requires or authorizes the carrying out of certain steps by one or more parties to a case. A court order must be signed by a judge; some jurisdictions may also require it to be notarized. Content The content and provisions of a court order depend on the type of proceeding, the phase of the proceedings in which they are issued, and the procedural and evidentiary rules that govern the proceedings. An order can be as simple as setting a date for trial or as complex as restructuring contractual relationships by and between many corporations in a multi-jurisdictional dispute. It may be a final order (one that concludes the court action), or an interim order (one during the action). Most orders are written, and are signed by the judge. Some orders, however, are spoken orally by the j ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Louis Freeh
Louis Joseph Freeh (born January 6, 1950) is an American attorney and former judge who served as the fifth Director of the Federal Bureau of Investigation from September 1993 to June 2001. Graduated from Rutgers University and New York University School of Law, Freeh began his career as a special agent in the FBI, and was later an Assistant United States Attorney and United States district judge of the United States District Court for the Southern District of New York. A Republican, he was later appointed as FBI director by President Bill Clinton. He is now a lawyer and consultant in the private sector. Early life and career Freeh was born January 6, 1950, in Jersey City, New Jersey, the son of Italian-American parents Bernice (née Chinchiolo), a former bookkeeper, and William Freeh Sr., a real estate broker. Freeh, a native of North Bergen, graduated from St. Joseph's High School in West New York, NJ in 1967, where he was taught by Christian Brothers. He then graduated Phi B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Pollution Act Of 1990
The Oil Pollution Act of 1990 (OPA) (101 H.R.1465, P.L. 101-380) was passed by the 101st United States Congress and signed by President George H. W. Bush. It works to avoid oil spills from vessels and facilities by enforcing removal of spilled oil and assigning liability for the cost of cleanup and damage; requires specific operating procedures; defines responsible parties and financial liability; implements processes for measuring damages; specifies damages for which violators are liable; and establishes a fund for damages, cleanup, and removal costs. This statute has resulted in instrumental changes in the oil production, transportation, and distribution industries. History/Background Laws governing oil spills in the United States began in 1851 with the Limitation of Liability Act. This statue, in an attempt to protect the shipping industry, stated that vessel owners were liable for incident-related costs up to the post-incident value of their vessel. The shortcomings of this ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oppenheimer & Co
Oppenheimer Holdings is an American multinational independent investment bank and financial services company offering investment banking, financial advisory services, capital markets services, asset management, wealth management, and related products and services worldwide. The company, which once occupied the One World Financial Center building in Manhattan, now bases its operations at 85 Broad Street in New York City. History Originally created as Oppenheimer & Company, Oppenheimer Holdings was founded in 1950 when a partnership was created to act as a broker-dealer and manage related financial services for large institutional clients. While the 1960s and 1970s was a time of great prosperity for the company, the origins of the firm trace back to 1881. After re-configuring operations in 1975, Oppenheimer & Co. formed three operating subsidiaries: * Oppenheimer & Co. Inc., a retail brokerage firm * Oppenheimer Capital Corporation, an institutional investment manager * Oppenheimer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Environmental Crime
Environmental crime is an illegal act which directly harms the environment. These illegal activities involve the environment, wildlife, biodiversity and natural resources. International bodies such as, G8, Interpol, European Union, United Nations Environment Programme, United Nations Interregional Crime and Justice Research Institute, have recognised the following environmental crimes: * Wild life crime: Illegal wildlife trade in endangered species in contravention to the Convention on International Trade in Endangered Species of Fauna and Flora (CITES); *Illegal mining: Smuggling of ozone-depleting substances (ODS) in contravention to the 1987 Montreal Protocol on Substances that Deplete the Ozone Layer; * Pollution crimes: Dumping and illicit trade in hazardous waste in contravention of the 1989 Basel Convention on the Control of Transboundary Movement of Hazardous Wastes and Other Wastes and their Disposal; * Illegal fishing: Illegal, unreported and unregulated fishing in co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Uhlmann
David M. Uhlmann is an American educator and attorney who is the assistant administrator of the Environmental Protection Agency within the Office of Enforcement and Compliance Assurance. He previously served as a deputy assistant administrator in the same division and as an environmental law professor at the University of Michigan Law School. Early life and education Uhlmann received a J.D. from Yale Law School and a B.A. in history and political science with high honors from Swarthmore College. Career After graduating from law school, Uhlmann clerked for U.S. District Court Judge Marvin Shoob in Atlanta, Georgia. Uhlmann is known for his expertise in environmental law, as well as his role in law enforcement. Previously, Uhlmann served as a federal prosecutor for 17 years, which involved a stint at the United States Department of Justice. He helped prosecute environmental crimes and oversee the creation of new initiatives. During his tenure, he helped build stronger connections ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cameron International
Cameron International Corporation (formerly Cooper Cameron Corporation (CCC) and Cooper Oil Tool, Cameron Iron Works) though now operating under Schlumberger, is a global provider of pressure control, production, processing, and flow control systems as well as project management and aftermarket services for the oil and gas and process industries. Cameron was acquired by Schlumberger (SLB) in 2016, and now operates as 'Cameron, a Schlumberger Company.' At the start of the SLB acquisition in 2015, Cameron employed approximately 23,000 people and delivered $9.8 billion in revenue. Organization Cameron's organization has changed throughout the years to adapt to the market. Currently, the main business lines (product groups) are: *''Drilling Systems'' manufactures pressure control equipment and provides aftermarket services for worldwide onshore, offshore and subsea oil & gas drilling and production operations. Also provides system design and project management services for world ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carl J
Carl may refer to: *Carl, Georgia, city in USA *Carl, West Virginia, an unincorporated community *Carl (name), includes info about the name, variations of the name, and a list of people with the name *Carl², a TV series * "Carl", List of Aqua Teen Hunger Force episodes, an episode of television series ''Aqua Teen Hunger Force'' * An informal nickname for a student or alum of Carleton College CARL may refer to: *Canadian Association of Research Libraries *Colorado Alliance of Research Libraries See also *Carle (other) *Charles *Carle, a surname *Karl (other) *Karle (other) {{disambig ja:カール zh:卡尔 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blowout Preventer
A blowout preventer (BOP) (pronounced B-O-P, not "bop") is a specialized valve or similar mechanical device, used to seal, control and monitor oil and gas wells to prevent blowouts, the uncontrolled release of crude oil or natural gas from a well. They are usually installed in stacks of other valves. Blowout preventers were developed to cope with extreme erratic pressures and uncontrolled flow ( formation kick) emanating from a well reservoir during drilling. Kicks can lead to a potentially catastrophic event known as a blowout. In addition to controlling the downhole (occurring in the drilled hole) pressure and the flow of oil and gas, blowout preventers are intended to prevent tubing (e.g. drill pipe and well casing), tools and drilling fluid from being blown out of the wellbore (also known as bore hole, the hole leading to the reservoir) when a blowout threatens. Blowout preventers are critical to the safety of crew, rig (the equipment system used to drill a wellbore) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
