Frank Campo, owner of Campo Marina, pauses as he discusses the threats to the region and his livelihood from the oil spill from the Deepwater Horizon rig at his Marina in Shell Beach, La., on May 1, 2010.  (AP Photo/Gerald Herbert)

Oil spill administrator says $5B in claims paid

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The administrator of the fund BP set up to compensate victims of last year’s oil spill in the Gulf of Mexico says the fund has paid more than $5 billion in claims.
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MIT group simulates Deepwater Horizon accident, predicts pipe failures

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A Massachusetts Institute of Technology computer model successfully replicated the pipe fractures that doomed the Deepwater Horizon rig, and the model could help predict future offshore accidents from happening.
A worker removes the oil extracted under a thick layer of salt beneath the ocean floor, at Petrobras P-34' platform offshore Brazil.  (AP file photo/Eraldo Peres)

Petrobras CFO says Brazil forces maintenance after BP spill

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Brazilian regulators are forcing state-controlled Petroleo Brasileiro SA to shut production equipment more frequently for maintenance after BP Plc’s Gulf of Mexico oil spill, the company’s chief financial officer said.
Workers clean beaches by hand in Orange Beach, Ala., on Dec. 3, 2010.(Photo: BP America)

La. man gets prison for fraudulent BP claim

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A Houma man has been sentenced to one year in prison for fraudulently receiving money from the $20 billion claims fund that BP PLC established after the Gulf of Mexico oil spill.
The Deepwater Horizon oil rig burns on April 21, 2010 after an explosion in the Gulf of Mexico. (AP file photo/Gerald Herbert)

Gulf spill report steers clear of blame

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The crew of the Deepwater Horizon drilling rig failed to react to “multiple indications” of problems with BP’s Macondo well before it blew out, but divergence from industry standards and plans approved by regulators also played a role in the accident, according to a new investigation report.
The Deepwater Horizon oil rig burns in the Gulf of Mexico on April 21, 2010. (AP file photo/Gerald Herbert)

BP spill fund doesn’t need oversight, administrator says

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BP Plc spill-claims fund administrator Kenneth Feinberg doesn’t need court supervision to ensure victims of the worst offshore spill in U.S. history are compensated fairly and quickly, his lawyer said.
This image provided by BP's spillcam on June 6, 2010 shows oil leaking out of the Macondo well head in the Gulf of Mexico. (AP file photo/BP)

Judge outlines plan for trial over Gulf oil spill

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A federal judge today outlined his plan for conducting a trial designed to assign percentages of fault to the companies sued over last year’s deadly Deepwater Horizon rig explosion and Gulf oil spill.
Commercial fishermen from St. Bernard Parish, La., hired by BP lay oil retention booms around New Harbor Island in the Gulf of Mexico in 2010. (AP Photo/Dave Martin)

Oil still a problem on Mississippi islands

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Dark-amber mats of oil as big as a large man’s foot sit on the sand 10 feet from the water, and farther inland along the beaches of Horn Island’s west end.
(AP Photo)

Another deep-water drilling rig to leave the Gulf of Mexico

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Another deep-water drilling rig is leaving the Gulf of Mexico amid a continued slowdown in activity in the U.S. offshore basin following the BP oil spill last year.
Shell's Gulf of Mexico Mars platform, seen here being repaired after Hurricane Katrina. Photo by Shell.

Shell wins new deep-water permit, puts last of idled rigs back to work

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The permit is for a new well at Shell’s Europa field, located 140 miles southeast of New Orleans in nearly 4,000 feet of water. Production from the field will be tied back to Shell’s existing Mars offshore platform.