Sep 6, 2011, 10:41 p.m.
World environment programs in budget crosshairs
WASHINGTON (Reuters) - What do flood prevention in Nepal, wildlife preservation in Namibia and reef fishing in Indonesia have to do with the U.S. budget? Global conservation programs like these have all gotten help from the U.S. government, and they are probably prime targets of the budget-cutting congressional "super committee," since they sit at the crossroads of two things Americans don't like spending much money on: foreign aid and the environment.
ConocoPhillips apologizes for China oil spill
(Reuters) - U.S. energy giant ConocoPhillips moved to repair its frayed relations with Chinese regulators on Wednesday, apologizing for an oil spill in northern China's Bohai Bay and saying it will establish a fund to address the company's responsibilities. The company said the proposed fund will be designed to benefit the general environment in Bohai Bay, but it did not say how large the fund would be.
Hurricane Katia to pass between Bermuda, East Coast: NHC
(Reuters) - Hurricane Katia, a Category 2 storm on the Saffir-Simpson scale, is expected to pass between Bermuda and the east coast of the United States over the next day or two, the U.S. National Hurricane Center (NHC) said in a report late Tuesday. At 11:00 p.m. EDT (0300 GMT), Katia was located about 325 miles south-southwest of Bermuda and was packing maximum winds of 105 miles per hour (165 kmph), the NHC said.
BP looks to ramp up Gulf of Mexico activity
NEW DELHI (Reuters) - BP Plc is looking to ramp up activity in the Gulf of Mexico in the coming months and is applying for new well permits there this quarter, an executive said on Tuesday, as the firm looks to move on from a huge oil spill last year. The London-listed firm, which has failed to convince investors of its post-spill strategy, could take up to two years to increase output from a key gas field of India's Reliance Industries Ltd, another executive said.
TD 14 continues westward, may become storm Wednesday: NHC
(Reuters) - Tropical Depression 14, which formed on Tuesday evening, was moving westward and is expected to become a tropical storm on Wednesday, the U.S. National Hurricane Center said in its latest report. At 11:00 p.m. EST (0300 GMT), the depression was located about 995 miles west-southwest of The Cape Verde Islands and about 1580 miles east of The Lesser Antilles, packing maximum sustained winds of 35 miles per hour (55 km/h).
BP says restaffing U.S. Gulf platforms post-Lee
HOUSTON (Reuters) - BP Plc on Tuesday was restaffing its eight Gulf of Mexico oil and gas platforms in the aftermath of Tropical Storm Lee, a spokesman said on the company's hurricane hotline. Spokesman Daren Beaudo said that once the platforms are restaffed crews would assess possible damage and restart production.
Chevron makes U.S. Gulf deepwater find at Moccasin
SAN FRANCISCO (Reuters) - Chevron Corp has made a deepwater discovery in the Gulf of Mexico at the Moccasin prospect, the site of the first exploratory well permit after the end of last year's deepwater moratorium. Chevron, the second-largest U.S. oil company, holds a 43.75 percent working interest in the prospect, while BP Plc has another 43.75 percent and privately held Samson Offshore owns the rest.