Vietnam province pulls plug on defense-sensitive Chinese-invested resort project

The administration of the central province of Thua Thien-Hue has decided to stop implementing a Chinese-developed resort project at a location deemed sensitive to national defense, the provincial chairman confirmed Wednesday.

Thua Thien-Hue has come under criticism after it licensed World Shine Hong Kong Co. Ltd., whose representatives are Chinese businesspeople, to develop the World Shine – Hue international resort on Cua Khem Cape, where Hai Van Mountain meets the East Vietnam Sea.
The cape is also a border area between the province and the central hub of Da Nang.

Thai court orders Egat to clean up Mae Moh

The Electricity Generating Authority of Thailand (Egat) should pay compensation to local people suffering from air pollution from the Mae Moh coal-fired power plant in Lampang province, said a Supreme Administrative court judge.

The Egat should also come up with plans to rehabilitate the environment in areas affected by the power plant, Judge Sumeth Deuisres who is in charge of the Mae Moh pollution case, said yesterday.

He was giving his opinion at the end of the case's hearing, which was filed by a group of Mae Moh villagers affected by pollution from the power plant.

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

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.