• BP, which had been leasing the rig from Transocean, says the safety device that was supposed to cut oil flow on the ocean floor in the event of a well blowout did not perform its function.

    FORBES

  • Transocean ( RIG - news - people ), says the safety device that was supposed to cut oil flow on the ocean floor in the event of a well blowout did not perform its function.

    FORBES: The Gulf Oil Leak

  • For example, significant cooling and strong dynamical effects after the Laki event and other high-latitude eruptions are believed to have caused decreased flow of the Nile River in Egypt and weakened African and Asian monsoons based on climate model simulations, with potentially very significant impacts on food and water supplies.

    CNN: How volcanoes can change the world

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