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NYTimes.com: DealBook: Transocean Bids $1.43 Billion for Norwegian Driller

By SinCityFinancier on  From sincityfinancier.posterous.com
Offer price is 62% higher than share price This page was sent to you by:  ir@globalcrossroadscapital.com BUSINESS DAY   | August 15, 2011 DealBook: Transocean Bids $1.43 Billion for Norwegian Driller By JULIA WERDIGIER By acquiring Aker Drilling of Norway, Transocean would gain two ultra-deepwater rigs and two drillships that are under construction. Copyright 2011   The New York Times Company | Privacy Policy...Read Full Story

Gulf of Mexico Oil Leak Live Video Pictures

By tmrfiles on  From filesfromtoni.blogspot.com
A live video has been placed on line depicting the magnitude of the Gulf of Mexico oil leak and here is one of the pictures. A foretaste of what is to come, perhaps? The second angel sounded, and something like a great mountain burning with fire was thrown into the sea; and a third of the sea became blood, and a third of the creatures which were in the sea and had life, died; and a third of the ships were destroyed." Revelation 8:8-9 And the second angel poured out his vial upon the sea; and...Read Full Story

Gulf of Mexico Oil Slick Far Worse Than BP Admits-Live Leak Video

By tmrfiles on  From filesfromtoni.blogspot.com
Amateur Video Of Gulf Oil Slick - Worse Than BP Admits  In this Live Leak Video of the Gulf of Mexico Oil Slick, we are told it is far worse than BP or anyone wants to admit. I doubt anyone in this administration would admit the lasting environmental and economic damages caused by this catastrophe because of their own greed, but instead Washington will hold an oil slick summit, start the finger pointing and play the blame game. Alabama resident John Wathen, as a volunteer pilot, flew him...Read Full Story

Cod-fishing Schooner Takes to the Seas Again: The Portuguese Adventure Continues

By marysoderstrom on  From marysoderstrom.blogspot.com
Everything that goes around comes around. This morning I got a message from António Fangueiro who'd been doodling around on the internet and found my blog entry about the Santa Maria Manuela, a Portuguese cod fishing schooner about which the National Film Board of Canada made a lovely short film The White Ship. The ship and its men were among the last to fish off the Grand Banks under sail. The very last went out in 1973, when factory ships had begun vacuuming up cod with the results we know...Read Full Story

Oil Slick-Oxygen Equation Far From Clear in Gulf of Mexico Eco Disaster

By marysoderstrom on  From marysoderstrom.blogspot.com
If ever there was an argument against reliance on petroleum as the fuel for our century, it is raging in the Gulf of Mexico. The huge oil spill that has followed an explosion of a drilling rig not only threatens the wild life of the Louisiana coast, it may well have great effects on the health of the ocean waters themselves. Phytoplankton--tiny organisms that live everywhere in ocean waters--are responsible for creation and maintenance of half of the world's oxygen supply. The other half...Read Full Story
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