Jo Ann Lawrence

California oil spill: Records show company assured gov’t spill unlikely

Corrosion likely caused California oil spill A Texas company whose ruptured pipeline created the largest coastal oil spill in California in 25 years had assured the government that a break in the line while possible was “extremely unlikely” and state-of-the-art monitoring could quickly detect possible leaks and alert operators, documents show. Nearly 1,200 pages of records, filed

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OPEC lowers targets, defiant Saudi Arabia, Iran to pump more crude

Current prices below most OPEC members’ break-even point Defying OPEC attempts to project unity, Iran and Saudi Arabia went into a meeting of the 12-nation cartel Friday declaring that they would not cede authority to the organization over how much oil they could sell. Though oil ministers of the Organization of the Petroleum Exporting Countries were expected to keep

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Deliberations began Friday in ex BP exec’s Gulf oil spill trial

Gulf oil spill – former BP executive accused of lying to FBI, EPA investigators Jury deliberations began early Friday in the case against a former BP executive accused of lying to federal investigators about the 2010 Gulf of Mexico oil spill. If convicted of making false statements to federal agents, David Rainey faces a possible prison sentence

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