Tag: Deepwater Horizon
Trump Administration rolling back safety rules born from Deepwater Horizon disaster
Scrapping regulations will save $28.8 million a year. BP has already spent $62 billion cleaning up after Deepwater Horizon disaster After reviewing off-shore oil and gas production safety regulations enacted by the Obama Administration after the 2010 Deepwater Horizon disaster at the request of President Donald Trump, the Bureau of Safety and Environmental Enforcement (BSEE) […]
Opening arguments BP Gulf spill pollution charges
Prosecutor says supervisor ignored tests prior to explosion, BP Gulf spill NEW ORLEANS _ A Deepwater Horizon supervisor ignored a clear red flag and should be held partly responsible for the 2010 oil spill that blackened the Gulf of Mexico coast, a federal prosecutor argued Wednesday. Prosecutor Jennifer Saulino said in her opening statement that […]
Judge blocks BP oil spill funds to build Alabama hotel
Alabama planned to use $58.5M in BP oil spill restoration funds to build hotel, conference center MONTGOMERY, Ala. _ A federal judge on Tuesday blocked Alabama from using early BP oil spill restoration funds to build a 350-room beachfront hotel and conference center. U.S. District Judge Charles Butler ruled that state and federal trustees failed to […]
BP Gulf oil spill: Judge rules out mentions of deaths at BP supervisor’s trial
11 men died in the 2010 BP Gulf oil spill BATON ROUGE, La. _ Eleven men died in the 2010 rig explosion that led to the BP Gulf oil spill, but a jury will hear about only four during a rig supervisor’s trial this month. U.S. District Judge Stanwood Duval Jr. ruled Wednesday that the deaths aren’t […]
BP reports 91 per cent plunge in fourth quarter earnings
BP CEO: “It’s going to be a very turbulent year for our industry” LONDON _ BP’s fourth-quarter earnings plunged 91 per cent amid sharp declines in oil prices as the British energy company continued to make provision for the Deepwater Horizon disaster in the Gulf of Mexico and streamline operations. The company reported Tuesday that […]
BP oil spill: Supervisor pleads guilty to misdemeanour charge, manslaughter charges dropped
11 workers killed in BP oil spill NEW ORLEANS _The Justice Department launched a sweeping and costly criminal investigation after BP’s rig explosion in the Gulf of Mexico killed 11 workers and caused the nation’s worst offshore oil disaster. For roughly two years, a task force of FBI agents and prosecutors occupied an entire floor […]
Anadarko Petroleum ordered to pay $159.9M for Macondo well blowout
Anadarko pleased penalty less than prosecutors requested, but may appeal NEW ORLEANS _ A federal judge says a minority owner of the well that spewed 130 million gallons of oil into the Gulf of Mexico in 2010 must pay $159.5 million in Clean Water Act fines. Judge Carl Barbier noted in Monday’s opinion that prosecutors […]
BP oil spill: Company drops effort to get back some of the cash paid in business claims
Over 130 million gallons of oil leaked in 2010 BP oil spill NEW ORLEANS – Energy giant BP is ending its effort to recoup money it paid in economic damage claims to businesses and individuals under a settlement arising from the 2010 Gulf of Mexico oil spill. On Friday, the company filed a motion to withdraw an […]
Gulf states settle with Transocean over damages from 2010 oil spill
Transocean owner of drilling rig in 2010 BP oil spill NEW ORLEANS – All five Gulf of Mexico states have reached a settlement with the owner of the offshore drilling rig involved in the 2010 BP oil spill. A filing from Transocean and attorneys for Alabama, Florida, Mississippi, Louisiana and Texas says all of the states have […]
BP reports 96 per cent drop in third quarter profit
BP looking to sell $5B in assets next year LONDON – Oil giant BP reported a 96-per cent drop in third-quarter profit Tuesday and announced further efforts to curtail spending as it prepares for a prolonged period of low oil prices. The London-based company said net income fell to $46 million from $1.29 billion in the third […]
Connect
Connect with us on the following social media platforms.