Prestige oil spill causing great harm to the local fishing industry. The spill is the largest environmental disaster in the history of both Spain and Portugal. The amount of oil spilled was more than the "Exxon Valdez" incident and the toxicity considered higher, because of the higher water temperatures. In 2007 the Southern District of New York dismissed a 2003 lawsuit by the Kingdom of Spain against the American Bureau of Shipping, the international classification society which had certified the "Prestige" as in compliance with rules and laws, because ABS was a "person" per the International Convention on Civil Liability for Oil Pollution
Montara oil spill causes and effects of the spill. Since the spill in August 2009 Martin Ferguson has signed 120 new gas and oil exploration licenses but has still not imposed any regulations on deep sea oil drilling. Elmer Danenberger, who used to be in charge of regulatory affairs for the U.S. Minerals Management Service, claimed that Halliburton had done a poor job cementing, a process that is supposed to fill the gaps around the casing with cement to prevent leaks of oil and gas, probably causing the spill. On 24 November 2010, Australian Resources and Energy Minister Martin Ferguson released the Report