A record number of endangered Kemp’s ridley sea turtle nests was found in Texas this year despite worries that nesting could be harmed by the BP oil disaster and a cold winter that killed hundreds of turtles.
Gulf Coast businesses and residents can’t make claims that BP engaged in racketeering as part of last year’s oil spill, a federal judge ruled on today. The judge also said Anadarko must try to arbitrate its disputes over the failed Macondo well with BP before it can sue.
Crude oil continues to wash ashore along the Gulf of Mexico coast a year after BP Plc stopped the flow from its damaged Macondo well, which caused the worst U.S. offshore spill, the National Oceanic and Atmospheric Administration said.
BP today vowed it would take new steps to safeguard all of its oil and gas drilling in U.S. waters as part of a bid to reassure federal regulators the company can prevent a repeat of the lethal blowout at its Macondo well last year.
The hydraulic system that powered the blowout preventer at BP’s failed Macondo well may never have had the capacity to stop last year’s Gulf of Mexico spill or any other such emergency, investigators say. But that possible deficiency — and other findings about the equipment used as a safeguard on thousands of wells — may never get a full airing.
Some energy producers have used the lull in drilling activity in the Gulf of Mexico since the BP oil spill to shore up exploration plans and ensure they’re focused on the best targets. Chevron Corp., the largest leaseholder in the Gulf, is a prime example.
BP said that the economy along the Gulf Coast is improving and as a result most payments for projected future damages caused by its spill should stop. It also criticized several aspects of the Gulf Coast Claims Facility policies.
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