Posts Tagged ‘explosion’

BP exec: Management, cost-cutting not explored in oil spill probe

NEW ORLEANS — An internal BP probe of the 2010 oil spill in the Gulf of Mexico didn’t explore whether decisions by upper-level management or cost cuts had a role in causing the disaster because investigators didn’t have access to its partners’ employees and records, a BP executive testified yesterday at a trial designed to […] [...]

First BP executive testifying at oil spill trial

NEW ORLEANS — The first BP executive to testify at a federal trial over the nation’s worst oil spill was to take the stand for a second day today before a judge tasked with deciding whether the London-based oil giant and other companies acted with gross negligence for the 2010 disaster in the Gulf of […] [...]

Expert: BP’s cost-cutting led to 2010 Gulf oil spill

NEW ORLEANS — An expert witness for people and businesses who sued BP over the Gulf oil spill says he found ample evidence that the company’s cost-cutting culture led to the disaster. University of California-Berkeley engineering professor Robert Bea testified today at a civil trial. He says BP PLC didn’t implement a safety management program […] [...]

BP will not be penalized for 34M gallons of oil spilled in Gulf

GULF OF MEXICO — BP and the federal government have agreed that 34 million gallons of oil captured during the massive 2010 spill in the Gulf of Mexico can’t count toward civil penalties the oil giant faces. The agreement is contained in a court filing yesterday. It came in response to BP’s argument that workers […] [...]

BP fails to reach settlement in advance of civil trial

GULF OF MEXICO — BP acknowledged today it had failed to reach a settlement in advance of next week’s civil trial on the Deepwater Horizon accident and is ready to defend itself vigorously against allegations of gross negligence in the U.S.’s biggest environmental disaster. Rupert Bondy, the group’s general counsel, said in a statement that […] [...]

Judge accepts Transocean’s oil spill agreement

NEW ORLEANS  — A federal judge has approved Transocean Ltd.’s agreement with the Justice Department to plead guilty to a misdemeanor charge and pay $400 million in criminal penalties for its role in the 2010 Gulf of Mexico oil spill. U.S. District Judge Jane Triche Milazzo accepted Transocean’s plea and imposed the agreed-upon sentence during […] [...]

BP oil spill committee to release plan in July

NEW ORLEANS — The committee set up to manage most environmental fines going to the states affected by the BP oil spill of 2010 says it will release its plan July 6. The Courier of Houma, La., reports that a seven-page document released last week by the Gulf Coast Ecosystem Restoration Council includes a list […] [...]

BP oil spill damage claims exceed $1B

ACROSS MISSISSIPPI — Businesses and individuals who claim BP’s oil spill in the Gulf of Mexico cost them money have been paid more than $1 billion through the company’s class-action settlement with a team of private plaintiffs’ attorneys, court-supervised claims administrator Patrick Juneau said. Juneau said the payments reached the $1-billion mark before the end […] [...]

Justice reaches $1.4B settlement with Transocean for oil spill

GULF OF MEXICO — The Justice Department has reached a $1.4-billion settlement with Transocean Ltd., the owner of the drilling rig that sank after an explosion killed 11 workers and spawned the massive 2010 oil spill in the Gulf of Mexico. Two people with knowledge of the negotiations say Switzerland-based Transocean would pay the money […] [...]

Source of persistent oil sheen in Gulf remains a mystery

GULF OF MEXICO — Underwater inspections at the site of BP’s Deepwater Horizon rig disaster have failed to identify the source of a persistent sheen on the surface of the Gulf of Mexico, officials said yesterday. The Coast Guard and BP both said the recent inspections confirmed that the company’s Macondo well, which blew out […] [...]

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