The latest findings mark an “important piece in the chain of evidence” linking an uptick in deaths since early 2010 to the BP oil rig disaster that spewed more than 200 million gallons of crude oil into the Gulf of Mexico, researchers said.
The appeals court in New Orleans late Friday ordered a lower court judge to change a procedure that effectively blocked appeals. And the appeals court told the judge to reconsider a rule barring BP from appeals regarding the calculation of a business’ losses that are based on the way revenues and expenses are matched.
Over the past two years, BP has built ties to a major technology company and is developing 10 major projects across the company that use big data analytics to corral the massive streams of information gushing from its oil fields.
The oil industry will have to harness the power of Silicon Valley and academia if it wants to learn how to wrangle terabytes of oil field data surging through fiber optic cables from the Eagle Ford Shale to Azerbaijan, a BP executive said Monday.
Any fine above $2 billion against BP for the Deepwater Horizon disaster would be “extraordinary and severe,” double the highest-ever U.S. water-pollution fine and potentially crippling its American oil business, BP said in court documents.
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