BP spill report underscores government complacency

By Aaron Mehta

A presidentially-appointed commission today called for major changes in offshore oil drilling and described the Deepwater Horizon spill as “

Excerpts from this story referencing "Transocean":

"… to the sinking of the rig. The commission noted “confusion about whether Transocean, the Coast Guard, the salvage company, or anyone at all was directing the …"

Some lawmakers sold BP, transocean stock

By Josh Israel and Aaron Mehta

Sen. John Kerry of Massachusetts and at least three other federal lawmakers have sold their holdings in companies tied to the Gulf of Mexico

Excerpts from this story referencing "Transocean":

"… bers of Congress disclosed owning at least $1,001 worth of shares in BP or Transocean Ltd in their 2008 financial forms filed one year ago.Kerry has sold his Tr …"

"… an Ltd in their 2008 financial forms filed one year ago.Kerry has sold his Transocean stock since the 2008 filing but still owns between $1,001 and $15,000 wort …"

"… sues for more than 25 years.Kerry was not alone in selling shares in BP or Transocean since lawmakers’ 2008 disclosures.Aides to three members of Congress — …"

"… kes in 2008. Last year, Bond reported owning between $1,001 and $15,000 in Transocean shares while Gregg said he held between $15,001 and $50,000 in BP shares. …"

Treasury Dept. subpoenas TransOcean about Myanmar operations

By Julie Vorman and Laurel Adams

TransOcean Ltd., the offshore drilling company facing numerous investigations about its rig explosion and the ensuing BP oil spill, says the
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Gimme shelter (from taxes)

By Jonathan Werve

U.S. oil and gas companies have 882 subsidiaries in tax haven countries

Excerpts from this story referencing "Transocean":

"… n the offshore drilling rig business. Noble's two other main competitors—Transocean Inc. and GlobalSantaFe Corp.—are also incorporated in the Caymans.Noble …"

As critics press for action, Chemical Safety Board investigations languish

By Jim Morris and Chris Hamby

UPDATED APRIL 18: The U.S. Chemical Safety Board, which probes chemical accidents, is under attack for its slow investigative pace.

Excerpts from this story referencing "Gulf of Mexico":

"… s. Eighteen days later, the Deepwater Horizon drilling rig blew up in the Gulf of Mexico, killing 11 workers and unleashing a massive oil spill. In both cases, th …"