04 Apr '11, 6pm

On Our Radar: Salazar Slams Transocean Over Bonuses: "In my own view, 2010 was probably the greatest year of pai...

Interior Secretary Ken Salazar criticizes Transocean , which operated the Deepwater Horizon rig that exploded in the Gulf of Mexico last year, killing 11, for awarding executives bonuses for the “best year in safety performance in our company’s history.” Mr. Salazar says the company was “at least at some fault” for causing the catastrophe. “In my own view, 2010 was probably the greatest year of pain in terms of oil and gas development in the deep water all across the world, especially in the Gulf of Mexico,” he said. [Reuters] William K. Reilly, co-chairman of the presidential oil spill commission, also had harsh words for the drilling firm’s safety claims, which were disclosed in securities filings. “I think Transocean just doesn’t get it,” Mr. Reilly said Monday. “It’s embarrassing to see a position taken like that by an industry leader.” [The Hill] BP declares that it h...

Full article: http://green.blogs.nytimes.com/2011/04/04/on-our-radar-sa...

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Transocean Awards Bonuses For Safety Despite Gulf Oil Spill...

Transocean Awards Bonuses For Safety Despite Gu...

care2.com 03 Apr '11, 4am

I had to double check the date to make sure it wasn't an April Fool's joke. Their bonus should be a hangman's noose. This ...

Transocean Gives Execs Multi-Million Dollar Bon...

treehugger.com 05 Apr '11, 4pm

Notwithstanding the tragic loss of life in the Gulf of Mexico, we achieved an exemplary statistical safety record. (Wall S...

Deepwater Horizon firm gives execs safety bonus...

grist.org 04 Apr '11, 2pm

Transocean, the offshore drilling firm that ran the Deepwater Horizon rig, has given its top execs massive bonuses for hav...