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Changing weather poses problems |
| Home | (The Age) - BEFORE hurricane Rita hit the southern US state of Louisiana last September, adding to the devastation from hurricane Katrina, Rita had crushed Chevron's Typhoon oil platform. The rig, a few hundred kilometres off the coast in the Gulf of Mexico, was designed to withstand major hurricanes. But hitting the platform head on at category four fury, Rita ripped the asset apart. As BHP says, there is no incontrovertible proof that this individual storm was a direct result of global warming. However, a spokeswoman said the storm did "serve to raise awareness within BHP Billiton of weather issues". With a half-stake in Typhoon, the company suffered an insured loss of $63 million. |