TV News LIES

Sunday, Apr 30th

Last update05:20:13 AM GMT

You are here News Environment Transocean hails ‘best year’ in safety, gives execs bonuses, despite Gulf spill

Transocean hails ‘best year’ in safety, gives execs bonuses, despite Gulf spill

E-mail Print PDF

The company that owns the now-infamous Deepwater Horizon, the oil rig that caused immeasurable damage to the Gulf, recently applauded itself for the "best year in safety performance in our Company's history." The company, Transocean Ltd., rewarded its executives millions in bonuses for the achievement, according to the annual report it released yesterday.

Steven L. Newman, Transocean's president and CEO, awarded himself $4.3 million in cash bonuses, stocks and options.

"Notwithstanding the tragic loss of life in the Gulf of Mexico, we achieved an exemplary statistical safety record as measured by our total recordable incident rate and total potential severity rate. As measured by these standards, we recorded the best year in safety performance in our Company’s history, which is a reflection on our commitment to achieving an incident free environment, all the time, everywhere," the company wrote in their annual statement to shareholders.

More...


Most Recent Related Stories...


Climate protests to mark Trump's 100 days in office

Climate marchFor the second time in a month, tens of thousands of protesters are expected to turn...

Hundreds of former EPA employees blast Trump on climate change

Former EPA employees protest Nearly 800 former employees at the Environmental Protection Agency (EPA) have signed a letter to Congress...

Court delay hands Trump victory over Obama climate change rule

Greenhouse gasesA federal appeals court granted President Donald Trump's request to halt a lawsuit over the Obama...

Trump executive order could rescind national monuments

Trump executive order to rescind national monumentsPresident Trump signed an executive order Wednesday calling into question the future of more than two...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!