The first phase of the civil trial over the 2010 Gulf of Mexico oil spill ended Wednesday after eight weeks of testimony.
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Posted on April 17, 2013 at 4:04 pm by Bloomberg in
Finance/Earnings
Billionaire investor Carl Icahn is asking Transocean Ltd.’s board to “clarify and support” its assertions that the company has produced above-average shareholder returns.
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Posted on April 1, 2013 at 4:39 pm by Jennifer A. Dlouhy in
Gulf oil spill,
Offshore
A federal court on Monday rejected Transocean’s request to dismiss subpoenas for records tied to the 2010 Deepwater Horizon disaster.
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Posted on April 1, 2013 at 10:19 am by Harry R. Weber in
Legal issues
BP faces legal challenges on multiple fronts that intersect this week in federal court. Big bucks and reputations are on the line and investors will be watching.
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Posted on March 26, 2013 at 4:54 pm by Harry R. Weber in
Gulf oil spill,
Legal issues
Halliburton asked a federal judge Tuesday to throw out BP’s request for sanctions in the Gulf oil spill trial in a dispute over key evidence in the case, saying the cement contractor has not violated any court order.
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Posted on March 25, 2013 at 4:35 pm by Associated Press in
General
A Transocean employee who served as chief mate on the Deepwater Horizon testified Monday that he believes the rig crew’s emergency training saved lives following the 2010 explosion that killed 11 workers and triggered the nation’s worst offshore oil spill.
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Posted on March 21, 2013 at 10:00 pm by Harry R. Weber in
General
Lawyers for individuals and businesses suing over the 2010 Gulf of Mexico oil spill say Halliburton’s delay in turning over key evidence in the Gulf oil spill trial shows the same recklessness that helped cause the 2010 disaster.
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A federal judge Wednesday threw out all claims against one of the companies that provided services to the ill-fated Macondo well project and tossed punitive damages claims against a second, but he refused to dismiss claims against the three main firms involved _ BP, Transocean and Halliburton.
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A former Halliburton lab manager testified Tuesday that a company official asked him not to record results of a cement stability test related to the well in the 2010 Gulf oil spill disaster.
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Posted on March 19, 2013 at 7:00 am by Harry R. Weber in
Accidents,
Legal issues
See the latest witness-stand comments from Transocean CEO Steve Newman, as FuelFix reporter Harry Weber live tweets testimony in the Gulf oil spill.
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Posted on March 18, 2013 at 9:12 am by Bloomberg in
People
Transocean Ltd. (RIG), the offshore rig contractor criticized by billionaire investor Carl Icahn, said the board wants investors to vote against his dividend proposal and three director nominees.
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Posted on March 18, 2013 at 6:09 am by Harry R. Weber in
Gulf oil spill,
Legal issues
The crew on the rig that exploded in the Gulf of Mexico in 2010 was “trying to get it right,” a Transocean drilling expert testified Monday. But, he added, BP withheld critical information from them.
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