The natural gas drilling rig off the Louisiana coast that blew up on Tuesday appears stable now, thanks to the fire snuffing itself out. While the fire is out, the owner of the rig is still eyeing whether a relief well is required, how to permanently cap the well, how…
On Friday morning local time, a fire and explosion ripped through an oil platform owned by Black Elk Energy in the Gulf of Mexico near the mouth of the Mississippi River. The company is a minor oil producer, and was started in 2007 by John Hoffman, a former BP Amoco…
One day after BP agreed to a $4 billion settlement over the Deepwater Horizon oil rig disaster in the Gulf of Mexico, we have news of another oil rig blowing up off the coast of Louisiana. On Friday (today) an explosion and fire ripped through an oil platform owned by…