Bay spill costs to exceed federal limit
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Clean-up costs for last month's oil spill in San Francisco Bay are on track to exceed the $61 million federal insurance liability limit, the U.S. Coast Guard said Tuesday.
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US Coast Guard Divers have found a two-metre gash on the tanker in the Delaware River. The spill leaked over 100-thousand litres of crude oil and has created a 32-kilometre long slick.
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A maneuver called 'splash and dash' cost US taxpayers perhaps $30 million last year, but the charges are rising fast.
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BP PLC is facing a growing federal investigation into possible criminal environmental and safety violations at its Texas refinery where a 2005 explosion killed 15 workers, lawyers suing the firm said.
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PHILADELPHIA -- The US Coast Guard has deployed thousands of feet of protective boom to contain a 30,000-gallon oil spill in the Delaware River between Philadelphia and southern New Jersey.
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BP  said on Wednesday  production at its Prudhoe Bay oil field in Alaska, the largest  in the United States, fell to 110,000 barrels per day (bpd) due  to a technical fault. A company spokesman said the reduced  output would last for several days. Production had previously  been about 200,000 bpd, around half the field's normal output.
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CORAL HARBOUR, Nunavut (CP) - An estimated 200 litres of fuel spilled near the northern coastal community of Coral Harbour during a resupply operation Friday, Nunavut officials said.
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Four lucky states were slated to share billions in potential royalties courtesy of an offshore drilling expansion signed into law last year, money that could help reverse decades of environmental damage from coastal industry. But as budget planning gets under way, the states are beginning to realize that Congress gave them far more freedom in spending the windfall than the political rhetoric in Washington suggested.
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Oil jumped $1 past $75 a barrel on Tuesday as a top U.S. hurricane forecaster called for a busy end to the Atlantic storm season, raising concerns over potential oil and gas disruptions.
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ANCHORAGE, Alaska  - U.S. and Alaskan authorities   on Thursday demanded $92.2 million from Exxon Mobil for   environmental damages linked to the 1989 Exxon Valdez incident.
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By Michael Biesecker, The News & Observer, Raleigh, N.C.  Sep. 16--DURHAM -- State environmental officials issued fines totaling $33,431 against Durham for the city's role in the collapse of a sewer line in May that spilled untreated sewage into the Eno River.
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DALLAS (CBS.MW) -- Royal Dutch/Shell Group will pay a $120 million penalty to settle a Securities and Exchange Commission investigation of its overstatement of nearly 4.5 billion barrels of proven reserves, the federal agency said Tuesday.
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Insurance claims for damage caused in  the United States this year by four major hurricanes may reach  $23 billion, surpassing payments on claims for 1992's Hurricane  Andrew, an insurance industry group said on Friday.
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By Andrew Foxwell, Financial Mail on Sunday, London  Feb. 4--Insurers and businesses must pool their resources to tackle the  rising cost of environmental liability claims, a leading insurance broker has  said.
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BP could be forced to raise capital spending by $1.5bn (Â£820,000) next year because of sharply rising steel prices and increased competition for drilling rig services as oil companies lift investment to record levels.
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SEATTLE - State and federal officials on Thursday blamed an aging ConocoPhillips Co. tanker for creating a 1,000-gallon oil spill that tarnished 21 miles of Puget Sound shoreline.
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Fuel leaking from the hull of freighter that broke in two in the Bering Sea is being called a major spill that could take months to clean up.