Posts Tagged “deepwater horizon”

BP oil spill settlement payments exceed $1B mark

Businesses and individuals who claim the BP oil spill in the Gulf of Mexico cost them money have been paid more than $1 billion through the company’s class-action settlement with a team of private plaintiffs’ attorneys, court-supervised claims administrator Patrick Juneau said. The $1 billion that Juneau’s team has paid is for claims that were […]

BP pleads guilty to oil spill felony; to pay extra $4.5 billion

(Reuters) – British oil company BP Plc pleaded guilty on Thursday to criminal charges relating to its 2010 oil spill and agreed to pay an extra $4.5 billion on top of the tens of billions it is already paying out. BP said it would plead guilty to 11 felony counts of misconduct or neglect relating […]

BP Deepwater Horizon disaster: Cleaning up the legal spill

CLEANING up the waters and the shoreline of the Gulf of Mexico after the Deepwater Horizon disaster of 2010 cost BP $14 billion. The British oil giant’s final bill for tidying up the legal entanglements after 4.9m barrels of its oil spewed into the Gulf of Mexico are also becoming clearer. On November 15th BP […]

Oil Slick Not From Sealed BP Well

A thin oil slick in the Gulf of Mexico appears to be coming from a containment dome that was abandoned on the sea floor during efforts to stop the 2010 Deepwater Horizon oil spill, not from the plugged well, according to the U.S. Coast Guard and BP PLC. Remote-controlled submarines that were sent down to search for […]

BP oil spill: Senate seeks answers regarding unaccounted oil

NEW ORLEANS — In the wake of Hurricane Isaac, sediment and sand across coastal Louisiana shifted to reveal tar balls and oil mats — part of the buried remnants of the 2010 BP oil spill. “The storm did us some favor in giving us access to something that we might not have had access to […]

How The Mighty Mississippi Saved Shores From BP Oil Spill

Originally published on US News. Most of us have by now seen the happy, sunny commercials BP has sprinkled across the television landscape in the past few months, welcoming Americans back to the beaches in Florida, Louisiana, and other southern coasts affected by the Deepwater Horizon BP oil spill in the spring of 2010. The […]

Investigators urge more research on oil spill dispersants

Originally published on the Daily Comet. BATON ROUGE — The Government Accountability Office says more research is needed on possible environmental problems that could result from using oil spill dispersants to break up an oil spill, as BP PLC did after the disastrous 2010 spill in the Gulf of Mexico. The GAO, the investigative arm of […]

New Gulf oil spill claims process getting underway

Originally published by News By Associated Press NEW ORLEANS (AP) Thousands of victims of BP’s 2010 Gulf oil spill will participate in a new process for economic-loss and medical claims associated with the accident. The Deepwater Horizon Claims Center, run by court-appointed administrator Patrick Juneau, will open 18 intake centers across the Gulf Coast next […]

Government Files First Criminal Charges In BP Oil Spill

Originally published on NPR by EYDER PERALTA “The first criminal charges in connection with the BP oil spill have been filed against a former BP engineer named Kurt Mix,” NPR’s Carrie Johnson reports exclusively. Carrie just told our Newscast unit that Mix has been charged with obstruction of justice for allegedly deleting text messages after the spill. The […]

BP Gulf Coast Oil Spill Fines Could Turn Into Jobs Boon

Originally published on Business & Law. By: By PIERRE BERTRAND The 2010 Gulf Coast oil spill may prove to be a jobs booster for the region, if money paid in damages is spent to restore the Gulf’s coast. That’s according to an independent study by  Mather Economics. BP stands to pay billions of dollars in environmental fines under […]