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Divers attempt to reach sunken Philippine oil tanker
The coast guard has warned that if the entire cargo leaked it would be an 'environmental catastrophe' and the worst oil spill in the Philippine history - Copyright AFP Jam Sta Rosa Divers will attempt Saturday to inspect the hull of a Philippine…
Divers try to reach Philippine oil tanker to avert 'environmental catastrophe'
The Philippines Get more with myNEWS A personalised news feed of stories that matter to you The MT Terra Nova sank in bad weather on Thursday, killing one crew member and leaving the country potentially facing its worst oil spill disaster Divers…
Oil tanker sinks, hundreds of thousands affected as 'super typhoon' batters Philippines
An oil tanker carrying 1.4 million litres of fuel also sank in rough seas off the capital, in the Manila Bay. Now downgraded to a typhoon, Gaemi (locally called Carina) combined with effects of southwest monsoons to bring intense rains and winds to…
Philippines plans to siphon off oil cargo from sunken tanker to avert 'environmental catastrophe
MANILA, Philippines -- There is no indication that a big cargo of industrial fuel oil stored in a tanker that sank in stormy weather in Manila Bay has started to leak, the Philippine coast guard said Friday, and plans are being firmed up to try to…
Drivers pay price as forecourts fail to pass on drop in oil prices
Hikes cost drivers around £1.6billion last year alone, while firms doubled profits Petrol bosses fleeced drivers at the pumps by up to £1.6 billion last year after hiking their profit margins, a report has found. The competition…
Philippines in race to prevent environmental disaster from sunken oil tanker
July 26 (UPI) -- Philippine maritime and environment agencies were engaged in a race against time Friday to contain oil leaking from a tanker sunk by typhoon Gaemi and prevent 370,000 gallons of industrial fuel oil on board from spilling into the…
Philippine coast guard says sunken tanker with 1.4 mn litres of industrial fuel oil is now leaking
The Filipino coast guard, on Saturday (July 27), said that some of the 1.4 million litres of industrial fuel oil inside a sunken Philippine tanker has started to leak into Manila Bay, which thousands of fishermen and tourism operators rely on for…
Decade after downturn: How Aberdeen changed after oil price crash
It's been about 10 years since oil prices started to spiral downward, triggering a savage and prolonged downturn for the North Sea energy sector. As people living and working across the north-east know all too well, the region's whole economy is…
Oil giants hope to bounce back from impairments in second-quarter results
Both Shell and BP will hope to turn a page on recently announced billion-pound hits as they try to steady investors' nerves. BP especially will be hoping that it can break a more than three-month long losing streak on the stock market. Despite a…
Race to pump oil out of sunken tanker and avert 'worst spill in Philippines history'
The Philippine coast guard is “racing against time” to prevent an environmental catastrophe by containing the oil spill from a sunken tanker and stopping it from reaching Manila 's shorelines. The 65-metre-long (213ft) MT Terra Nova…
Divers attempt to reach sunken Philippine oil tanker
The MT Terra Nova sank in bad weather in the busy waterway early Thursday, killing one crew member and leaving the country potentially facing its worst oil spill disaster. 'The weather is still bad but that is their goal for today, to conduct…
Divers to inspect sunken MT Terranova for oil spill risk
MANILA, Philippines – Divers will attempt to inspect the sunken MT Terranova on Saturday, July 27, as the Philippine Coast Guard (PCG) races to prevent a massive oil spill. PCG Spokesperson Rear Admiral Armando Balilo confirmed to Rappler…
U.S. crude oil on pace for third weekly decline as China demand outweighs U.S. growth
U.S. oil is down 2.7% this week while Brent is 0.84% lower. Surprise rate cuts by China this week raised worries that Beijing is struggling to breathe life into the world's second largest economy. U.S. crude on Friday was on pace for a third weekly…
Eni lifts guidance as high oil and gas prices boost its bottom line
Italian oil major Eni on Friday lifted its full-year guidance and signaled plans to accelerate its share buyback initiative after posting better-than-expected second-quarter results that were boosted by buoyant oil and gas prices and high levels of…
Former oil and gas workers 'wiped out savings' to start Aberdeen brewery Fierce Beer
Turning your back on the north-east oil and gas industry to try your hand at new career can be seen as a risky move. But that's exactly what Dave Grant and David McHardy wanted to do. In the midst of the 2014 oil and gas downturn, the pair turned…
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