Posted By Arnold & Itkin LLP
In 2010, the Deepwater Horizon erupted into flames after repeated neglect caused the offshore oil rig to explode. The disaster claimed the lives of 11 workers and injured 17 more. The well beneath the rig leaked for months and polluted the Gulf of Mexico with over 4.9 million barrels of oil. It was the worst oil spill in history—at least it was at the time. The Taylor oil spill, which started 6 ...
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Posted By Arnold & Itkin LLP
The Corporate Giants that Control the World’s Oil Production Energy is one of the largest business sectors in the world. In the United States, oil companies such as John D. Rockefeller’s Standard Oil Company became notorious for their power and influence over the American economy. Today, Rockefeller’s name is synonymous with might and wealth in the business world. Today, energy is a globalized ...
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