Tag: Deepwater Horizon

BP asks Texas Supreme Court for ruling that would cut spill costs

The legal question of the day, submitted by the 5th Circuit Court of Appeals to the justices in Texas, could change the way companies finance risky business operations well beyond the oil industry.  More »

Britain goes to bat for BP in Supreme Court brief

The British government is asking the U.S. Supreme Court to show mercy on BP as the London oil company faces steep costs for the 2010 Gulf of Mexico oil spill.  More »

BP exec critiques oil spill reporting

On the eve of a federal judge ruling that the 2010 Deepwater Horizon disaster resulted from gross negligence on the part of BP, a company executive was rapping hundreds of environmental reporters for not describing the “full picture” about the oil spill.  More »

Halliburton reaches $1.1 billion Gulf spill settlement

Halliburton said Tuesday it reached a $1.1 billion settlement with a majority of plaintiffs who sued the Houston oil field service company in the wake of the 2010 Gulf of Mexico oil spill.  More »

Commentary: Mark Wahlberg and Deepwater Horizon? I’m skeptical but cautiously optimistic

I’ve written in the past about my skepticism when it comes to Hollywood depicting the oil & gas industry, and unfortunately I don’t see much reason or incentive for this film to take a different course.  More »

BP appeals to Supreme Court on spill settlement

BP wants the U.S. Supreme Court to intervene in a months-long battle over who can get paid for oil spill damages.  More »

BP asks Texas judge to dismiss UK suits

Attorneys for BP asked a federal judge on Friday to dismiss UK investors seeking damages in Texas for the Deepwater Horizon disaster.  More »

Feds want time to decide on retrial for former BP engineer

Prosecutors said Tuesday that deciding whether to appeal Duval’s order will take time and will require involvement of top Justice Department officials.  More »

Investigators release new findings on cause of BP oil spill

Federal investigators shed new light Thursday on why a key safety device failed to stop a blowout at BP’s Macondo well, which triggered the worst offshore oil spill in U.S. history four years ago.  More »

July 9 hearing set in BP employees’ criminal case

A federal appeals court has set a July 9 hearing in the manslaughter case against two BP employees charged in connection with the 2010 Deepwater Horizon explosion that killed 11 offshore rig workers.  More »

Industry takes the lead in improving emergency well control devices

Four years after the Deepwater Horizon disaster spotlighted shortcomings in the blowout preventers intended to safeguard offshore wells, government regulators are still drafting long-promised regulations meant to boost the reliability of those critical emergency devices.  More »

Coast Guard: Gulf Coast cleanup efforts ‘far from over’

The Coast Guard is crying foul at BP’s statement this week that active cleanup efforts to remove oil along the Gulf Coast shorelines have ended.  More »
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