Trouble is brewing in the North Sea where a major natural gas leak is causing problems for Total SA, a multinational oil company. The leak began at one of the companies abandoned platforms, dubbed the “well of hell” by environmentalists. Total is claiming that it will take at least six months to shut off the flow of natural gas due to high pressures within the reservoir beneath the platform. The…

BOSTON, July 28, 2011- According to catastrophe modeling firm AIR Worldwide, Tropical Storm Don is moving across the southern Gulf of Mexico toward the Texas coast near Corpus Christi, where it is expected to make landfall sometime late Friday or early Saturday. The storm will pass near several areas where offshore oil production is conducted, and several petroleum companies have begun evacuating  support workers. A tropical storm warning is in…