Four large oil companies announce new spill containment system

By: ladyimpactohio (Diary)  |  February 17th at 05:11 PM  | 

In the aftermath of the BP Gulf spill which happened last April, four oil industry giants today unveiled a new system for containing future spills in the Gulf. Last July ExxonMobil, Shell, Chevron and Conoco/Phillips promised and has since pooled $1 billion in assets to form a new company called The Marine Well Containment Company which will be available for any company in its pool | Read More »