Posts Tagged ‘british petroleum’

5 years after BP spill, industry touts ability to respond

NEW ORLEANS — An oil consortium says an oil spill in the Gulf of Mexico today can be cleaned up far faster than five years ago when BP’s Macondo well blew out 45 miles off the coast of Louisiana, spawning the nation’s worst offshore oil spill. It took BP and the industry’s best containment technology […] [...]

Anadarko argues against $1B penalty in 2010 Gulf oil spill

NEW ORLEANS — An energy company that invested in the ill-fated Macondo well in the Gulf of Mexico is arguing in court that it should not face steep federal Clean Water Act penalties for the 2010 BP oil spill. The government has suggested a penalty of more $1 billion for Anadarko Petroleum Corp. Anadarko lawyers […] [...]

BP to sell part of its Gulf of Mexico stake to Chevron

NEW YORK — BP is selling part of its stake in an emerging oil-producing region in the Gulf of Mexico to Chevron, and the two companies, along with Conoco Phillips, will work to develop the fields together. Terms of the deal were not disclosed. The joint-development agreement is a way for the companies to try […] [...]

Executive: No guarantee BP would help pay subsidiary’s fines

NEW ORLEANS — An executive for the BP subsidiary that faces billions of dollars in possible fines for the 2010 Gulf of Mexico oil spill testified Tuesday that it is uncertain whether other BP entities would step in to help pay a steep penalty. The day’s first witness was Richard Morrison, regional president and chairman […] [...]

BP to call witnesses as it fights for lesser spill penalty

NEW ORLEANS — It will be oil giant BP’s turn Monday to call witnesses as it makes its case for a civil penalty lower than the $13.7 billion the federal government is seeking for the 2010 Gulf of Mexico oil spill. The second week of a three-week trial was set to begin in New Orleans. […] [...]

BP hopes to lessen potential $13.7 billion spill penalty

NEW ORLEANS — Lawyers for the government and oil giant BP head to federal court Tuesday for a trial in that could add more than $13 billion in penalties to the billions BP already has shelled out as a result of 2010 Gulf oil spill. Federal lawyers say BP should pay Clean Water Act penalties […] [...]

Not enough eligible businesses are filing for BP oil spill settlements

Billions of dollars have been set aside by oil giant BP Oil to compensate businesses damaged by the Deepwater Horizon oil spill in the Gulf of Mexico. You don’t have to be in the seafood business or even a business on the Coast to qualify. Businesses throughout the state that show a pattern of less […] [...]

Study: Dispersants may have hurt Gulf food chain

A study on possible effects of the 2010 BP oil spill indicates dispersants may have killed plankton — some of the ocean’s tiniest plants and creatures — and disrupted the food chain in the Gulf of Mexico, one of the nation’s richest seafood grounds. Scientists who read the study said it points toward major future […] [...]

Gulf shrimpers battling over turtle rules

LAFITTE, La. — Efforts to protect endangered sea turtles in the Gulf of Mexico have prompted strenuous complaints from the dwindling fleet of shrimpers blamed for drowning them in their nets, who say their own livelihoods are threatened. By next March the federal government wants about 2,435 shrimp boats — most run by mom-and-pop operations […] [...]

BP pays $5.4M to settle gender bias claims

WASHINGTON — Oil giant BP is paying $5.4 million to settle claims that some of its contractors refused to hire women to help clean up the Gulf of Mexico oil spill. The Equal Employment Opportunity Commission says the agreement with BP Exploration & Production Inc. covers female workers in Alabama, Florida, Louisiana, Mississippi and Texas. […] [...]

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