Archive for the ‘BP Oil Spill’ Category

Fuel Fix » BP settles with injured Deepwater Horizon worker

Wednesday, February 22nd, 2012

BP Plc (BP/), Transocean Ltd. (RIG) and others involved in the operation of the Deepwater Horizon rig that exploded in the Gulf of Mexico in 2010 agreed to settle a lawsuit filed by a worker injured in the blast.

via Fuel Fix » BP settles with injured Deepwater Horizon worker.

Fuel Fix » BP spill deal possible this week after Mitsui, analyst says

Tuesday, February 21st, 2012

BP Plc (BP/), operator of the Macondo well that caused the U.S.’s worst oil spill, may reach a settlement for the disaster this week after a partner agreed on fines, an Oppenheimer & Co. analyst said.

Mitsui & Co. (8031)’s MOEX Offshore 2007 LLC will pay $90 million to the U.S. and five states to settle pollution violations related to 2010 spill. While BP will probably have to accept different terms as the operator, the settlement suggests that BP would pay $585 million for violations, less than 20 percent of what the company has provisioned, said Fadel Gheit, an analyst at Oppenheimer in New York. BP rose to the highest since March in London trading.

via Fuel Fix » BP spill deal possible this week after Mitsui, analyst says.

BP well partner MOEX Offshore agrees to pay $90 million settlement | al.com

Saturday, February 18th, 2012

NEW ORLEANS  — A minority partner in BP's blown-out well in the Gulf of Mexico has agreed to pay $90 million in a settlement with the federal government and Gulf states to resolve allegations the company violated the Clean Water Act.

via BP well partner MOEX Offshore agrees to pay $90 million settlement | al.com.

The Battle Over Billions Of B.P. Fine Money | WKRG

Saturday, February 18th, 2012

GULF SHORES, Alabama –The creation of the Gulf Coast Restoration Trust Fund could help secure billions of dollars in oil spill fine money for the five states impacted by the disaster.

via The Battle Over Billions Of B.P. Fine Money | WKRG.

Fuel Fix » BP won’t face questions about post-spill probe

Friday, February 17th, 2012

Lawyers suing BP (BP/) Plc over the 2010 Gulf of Mexico oil spill won’t be able to cross-examine witnesses at this month’s trial about a post-incident investigation, a judge said.

via Fuel Fix » BP won’t face questions about post-spill probe.

Oil spill fine amendment through House but much work remains | al.com

Friday, February 17th, 2012

WASHINGTON — The U.S. House of Representatives approved language Thursday calling for 80 percent of civil fines resulting from the 2010 oil spill, which could amount well into the billions of dollars, to be reserved to help Gulf states rebound from the disaster.

via Oil spill fine amendment through House but much work remains | al.com.

BP Trial Update; Settlement Likely | WKRG

Thursday, February 16th, 2012

GULF SHORES, Alabama — A court battle to determine damages in the BP oil spill is less than two weeks away but a trial may never come into play when determining how much BP will pay for the worst oil spill in U.S. history.

“Everybody believes and myself included that it is in BP’s best interest to settle this,” says Gulf Shores Mayor Robert Craft.


via BP Trial Update; Settlement Likely | WKRG.

Gulf Shores mayor Robert Craft heading to Montgomery to discuss BP trial – GulfCoastNewsToday.com: News

Tuesday, February 14th, 2012

GULF SHORES, Ala. – Gulf Shores Mayor Robert Craft is heading to Montgomery on Tuesday morning to discuss the looming trial in BP.

via Gulf Shores mayor Robert Craft heading to Montgomery to discuss BP trial – GulfCoastNewsToday.com: News.

Fuel Fix » Judge tosses spill claims against BP contractor

Tuesday, February 14th, 2012

A New Orleans court has dismissed all claims related to Weatherford International equipment used at BP’s ill-fated Macondo well, the company said Monday.

via Fuel Fix » Judge tosses spill claims against BP contractor.

Pensacola woman, 2 others, accused of making fake oil spill claims | Pensacola News Journal | pnj.com

Tuesday, February 14th, 2012

A Pensacola woman is one of three people indicted on federal charges that they filed fraudulent claims to get money from the Gulf Coast oil spill fund.

via Pensacola woman, 2 others, accused of making fake oil spill claims | Pensacola News Journal | pnj.com.

Fuel Fix » Incentives to settle spill case loom large

Sunday, February 12th, 2012

A legal brawl that began with the deadly Deepwater Horizon rig explosion and Gulf of Mexico oil spill nearly two years ago is within weeks of a courtroom showdown that many parties would prefer to avoid through a settlement.

The British oil giant BP has said as much.

via Fuel Fix » Incentives to settle spill case loom large.

BP launches campaign to restore its image | Pensacola News Journal | pnj.com

Sunday, February 12th, 2012

Nearly two years after the environmentally and economically disastrous Deepwater Horizon oil spill, BP is trying to clean up its reputation.

The company has launched an aggressive social media campaign and media blitz to get the word out about its Gulf recovery and restoration activities.

via BP launches campaign to restore its image | Pensacola News Journal | pnj.com.

U.S. urges openness at Gulf oil spill trial | Pensacola News Journal | pnj.com

Saturday, February 11th, 2012

NEW ORLEANS — The federal government's lead lawyer in an upcoming trial over fault in the 2010 Gulf of Mexico oil spill urged judges on Friday to make public sensitive business documents and testimony.

via U.S. urges openness at Gulf oil spill trial | Pensacola News Journal | pnj.com.

Gulf Coast lawmakers: Time may be running out for RESTORE Act | al.com

Thursday, February 9th, 2012

WASHINGTON — Members of Congress from the Gulf Coast, joined by local officials in Washington to push for an oil spill fine bill, worried Wednesday that time could be running short for legislation to send what could be billions of dollars in spill fines to the Gulf.

via Gulf Coast lawmakers: Time may be running out for RESTORE Act | al.com.

Fuel Fix » Judge allocates time for start of oil spill trial

Wednesday, February 8th, 2012

NEW ORLEANS — A federal judge has set aside nearly seven hours for opening statements in a trial over the deadly rig explosion in the Gulf of Mexico that resulted in the nation’s worst offshore oil spill.

via Fuel Fix » Judge allocates time for start of oil spill trial.

BP’s decision to change contractors is an insult to Alabama (editorial) | al.com

Tuesday, February 7th, 2012

CROWDERGULF, THE company that has been in charge of keeping Alabama beaches free of oil, is intimately familiar with the areas its workers patrol.

via BP’s decision to change contractors is an insult to Alabama (editorial) | al.com.

Fuel Fix » Steffy: When BP keeps secrets, it’s time to worry

Saturday, February 4th, 2012

Just last week, a memo surfaced in the federal court case related to the Deepwater Horizon disaster that showed the company sought to keep from the public its estimates of how much oil might gush from the ruptured well. The estimates were far higher than the low-ball estimates it was floating to the public in the face of mounting outrage over what became the worst offshore spill in U.S. history.

via Fuel Fix » Steffy: When BP keeps secrets, it’s time to worry.

Critics of restoration projects financed by BP money say there should be more public input | NOLA.com

Friday, February 3rd, 2012

There should be more opportunities for the public to participate in assessing the damage to natural resources caused by the BP Deepwater Horizon oil spill, residents of St. Bernard and Plaquemines parishes and representatives of several environmental groups said during public hearings Wednesday and Thursday. Restoration projects also should be approved more quickly, so oil spill damage can be reversed, several officials said.

via Critics of restoration projects financed by BP money say there should be more public input | NOLA.com.

Alabama mayors upset at BP decision to switch beach cleanup contractor | al.com

Friday, February 3rd, 2012

MOBILE, Alabama — Coastal Alabama mayors expressed concern this week over BP PLC’s decision to switch contractors responsible for keeping the state’s beaches oil-free.

via Alabama mayors upset at BP decision to switch beach cleanup contractor | al.com.

BP-funded advertisements promote tourism on Gulf Coast – Entertainment – The Daily Reveille – Louisiana State University

Thursday, February 2nd, 2012

In an attempt to revive tourism on the Gulf Coast after the 2010 Deepwater Horizon Oil Spill, state and national government officials have released BP-funded ads in a campaign to bring visitors back to the coast. Donaldson said she plans to visit Gulf Shores, Ala., for spring break.

via BP-funded advertisements promote tourism on Gulf Coast – Entertainment – The Daily Reveille – Louisiana State University.