A troubled political legacy
One of the oldest sayings in the US Congress is: “There is no such thing as a good regulatory outcome”. Continue reading
Thinking constructively about oil spill prevention
Since April 20, the oil and tanker industries have been confronted with the realization that the rules of risk management, and the framework of maritime liability, are being altered in many ways. Continue reading
What did they know?
It appears that some highly-placed BP executives had some sense of trouble to come, and talked. Continue reading
One disaster at a time
Robert Dudley is an American oil man who became an employee of British Petroleum, oops, BP, when it
absorbed Amoco, the former Standard Oil of Indiana, in 1998. Continue reading
The reality of Risk
BP investors will now lose their dividends for an undetermined period. The reality of risk is now apparent, and for the first time in history, a maritime-related event has had repercussions in the homes of, to use a current expression, “small people”. Continue reading
Reflections of a self-styled legal eagle
Business, in many of its aspects, is occasionally a game of chance. Bad, unexpected things can happen. Failure punishes the unlucky, or unwary, or both. Continue reading
Namepa: Providing a platform for dialogue
One of the hats that I wear is “founding chairman” of the North American Marine Environment Protection Association, founded three years ago. Continue reading
Changes in climate
I’m taking a few days off before the stress of Posidonia, the biennale of shipping staged for the past 40-some years by Greece. Continue reading
Deepwater Horzion: Should we blame the engineers?
From the Titanic to the current Deepwater Horizon crisis, the nagging question is: could the disaster have been averted, and if so, how? Continue reading
Risk Management 101
Dr. Quenton R. Dokken, Executive Director of the Gulf of Mexico Foundation, which now celebrates its twentieth anniversary, demonstrates what the petroleum industry can do when it heeds the “better angels of its nature”. Continue reading
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