oil spill

Rayong fishermen mark 2 years since oil spill

Date of Release: 
Jul 27 2015

Small fishermen in Rayong on Monday called on Thailand's biggest petrochemical company to do more to rehabilitate oil-spill impacted sites along the province’s coastline, saying they still are living with the after effects of a spill two years ago.

The demand was made at a forum held by the local Small-Scale Fishery Association to mark the second anniversary of the July 27, 2013 oil spill caused by the rupture of a PTT Global Chemical Plc offshore pipeline near the Map Ta Phut industrial estate that spilled 50,000 litres of crude oil into the sea.

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Thai Ministry elects not to sue over oil spill

Date of Release: 
Oct 29 2013

The Natural Resources and Environment Ministry has decided not to take legal action against PTT Global Chemical (PTTGC) for damaging Koh Samet's Ao Phrao beach.

The ministry says the petrochemical firm - a subsidiary of oil giant conglomerate PTT Plc - has agreed to pay compensation to cover environmental damage to the beach's marine life after the oil spill on July 27.

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PTTGC faces Samet spill legal action

Date of Release: 
Jul 30 2013

State agencies are preparing to file a lawsuit against PTT Global Chemical Plc (PTTGC) for compensation over the environmental damage caused by the oil spill from its offshore pipeline on Saturday.

The slick had spread across Ao Phrao on the resort island of Samet in eastern Rayong early yesterday and was threatening nearby marine sanctuaries.

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The environmental impact of the Hebei Spirit oil spill, Taean, South Korea

Published Date: 
12/2007

When the fully laden VLCC HEBEI SPIRIT was struck on her port side by a crane barge in poor weather conditions on 7th December off the coast of the Republic of Korea, it quickly became apparent that the incident would be serious. Indeed, together with the SOLAR 1 in the Philippines in 2006, the TASMAN SPIRIT in Pakistan in 2003 and the PRESTIGE off Galicia in 2002, the HEBEI SPIRIT ranks as one of the largest tanker spills of recent years.

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BP agrees to pay $4.5B in criminal, securities claims by US for Gulf spill, oil giant announces

Date of Release: 
Nov 15 2012

British oil giant BP has agreed to pay the U.S. government $4.5 billion in installments over a period of five years for the 2010 oil spill in the Gulf of Mexico, the oil giant announced in a press release.

The cost of BP's spill far surpassed the Exxon Valdez spill off Alaska in 1989. Exxon ultimately settled with the U.S. government for $1 billion, which would be about $1.8 billion today.

Under the terms of the agreement, BP agreed to plead guilty to 11 felony counts of misconduct or neglect of ships officers relating to the loss of 11 lives on Deepwater Horizon.

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PTTEP fined A$510,000 for Montara incident

Date of Release: 
Aug 31 2012

PTT Exploration and Production Plc (PTTEP) is fined 510,000 Australian dollar or approximately Bt16.55 million for the 2009 fire incident at its Montara field, off the coast of Australia.

In a statement to the Stock Exchange of Thailand, PTTEP President and CEO Tevin Vongvanich said that the company’s wholly-owned subsidiary PTTEP Australia (Ashmore Cartier) Pty Ltd plead guilty to four charges brought by NOPSEMA (National Offshore Petroleum Safety and Environmental Management) in relation to incompliance with regulations from the Montara incident.

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