Tag: New Orleans

Feds collect millions in Gulf oil drilling sale, despite falling prices

Slumping oil prices tempered some of the industry’s enthusiasm for new drilling rights in the Gulf of Mexico — but not much.  More »

Houston man accused of lying about blowout preventer tests

If convicted on two counts of making false statements to federal agencies, he could get up to 10 years in prison and $500,000 in fines.  More »

Spill trial: BP makes its case for lower pollution fines

BP’s fourth and final witness, Robert Cox, a practicing physician and toxicologist at the University of Mississippi Medical School, said he found the oil spill and the efforts to clean it up left no significant adverse human health impacts or threats to public health, based on his analysis of exhaustive state and federal data.  More »

Anadarko oil spill fines cut by $1.1 billion after ruling

The Woodlands-based oil company had owned 25 percent of the doomed Macondo well and is on the hook for up to $1,100 in fines for every barrel that reached the Gulf of Mexico in 2010.  More »

BP asks judge to cap spill penalties at $12 billion

BP wants a federal judge to cap its potential oil-spill pollution fines at a maximum of $12.3 billion, a move that would cut away nearly a third of the penalties U.S. prosecutors are seeking for the Deepwater Horizon disaster.  More »

Hearing held in flood board’s oil industry lawsuit

U.S. District Judge Nanette Jolivette Brown heard more than two hours of arguments on multiple issues, including the energy companies’ contention that the lawsuit seeks relief from the court that should be left to regulatory agencies.  More »

Exxon joins Jindal to face Dr. Mud in wetlands legal fight

Members of a New Orleans levee board are suing 90 oil and natural gas producers for billions over claims that they’re destroying coastal marshes.  More »

14 companies bid for western Gulf leases

Federal officials on Wednesday will open sealed bids from 14 companies vying for new oil and gas leases in the western Gulf of Mexico.  More »

Technology lets producers move jobs from platforms to land

Shell and other offshore players to move a growing number of jobs historically performed at sea onto land.  More »

Fewer firms submit bids in offshore Gulf auction

Forty-two oil and gas companies will make plays for new Gulf of Mexico territory on Wednesday, in a closely watched, high-stakes auction of U.S. drilling rights that is viewed as a test of the industry’s appetite for offshore projects despite a drilling boom that is unfolding mostly on land.  More »

BP digs in as last leg of Gulf oil spill trial approaches

The legal clash over the 2010 Gulf of Mexico oil spill is entering a key chapter that could give BP an idea of just how large a hole the disaster will burn in its wallet.  More »

Super Bowl organizers seek to avoid another power debacle

Power failures have plagued at least four high-profile sports games including the Super Bowl since 2010, dimming the glow of good feelings such events are supposed to generate for their host cities.  More »

Prosecutor: Former BP engineer destroyed Gulf spill evidence

A former BP Plc engineer deliberately destroyed evidence sought by the U.S. for a probe of the 2010 Gulf of Mexico well explosion and oil spill, a federal prosecutor said at the end of a trial in New Orleans.  More »

Appeals court hands BP a win in settlement dispute

A ruling by a divided three-judge panel threw out U.S. District Judge Carl Barbier’s rulings on the dispute between BP and attorneys who brokered the multibillion-dollar settlement .  More »

Halliburton faces judgment day in Gulf oil spill

The oil field services company’s day of reckoning finally comes Thursday, not for conduct leading up to the disaster but rather what it did afterward: destroying what the government regarded as evidence.  More »
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