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Aftermath of BP Oil spill in the Gulf of Mexico – Impact on other deep water drilling

Now regarding safety measures, let me tell you that BP isn’t the only company ill-prepared for disaster. Lawmakers in US argued at a House energy committee hearing this afternoon. Although executives from Exxon Mobil Corp., ConocoPhillips, Chevron Corp., and Royal Dutch Shell tried to refute allegations that their contingency plans were “carbon copies” of BP’s, […]