Greek Chief Engineer charged with dumping oil

Jul 10, 2008 0 Comments

From The Mercury News – San Jose, CA Federal officials are charging Greek citizen Pantelis Thomas, who served as Chief Engineer aboard the Maltese flagged M/V RIO GOLD.  Thomas is accused of ordering crew members to fabricate a “magic pipe” to illegally discharge oil and other hazardous substances overboard.  One of the crew members turned [...]

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ExxonMobile gets generous break

Jun 25, 2008 0 Comments

The Supreme Court granted a generous break for ExxonMobile  by slashing the punitive damages against the company stemming from the Exxon Valdez spill from $2.5 billion to a $500 million.  More from the NY Times. 

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Jun 20, 2008 0 Comments

The NYTIMES printed an interesting article concerning the shortage of drill ships facing the industry.  http://www.nytimes.com/2008/06/19/business/19drillship.html?ex=1371614400&en=5e4dab9b14cb5fe1&ei=5124&partner=permalink&exprod=permalink

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