Posts Tagged ‘offshore drilling’

BP oil spill still being felt as tar balls wash up on islands

GULF OF MEXICO — Mississippi environmental authorities say oil debris found this week on state barrier islands is believed to be from the BP’s disastrous 2010 spill in the Gulf of Mexico, and contractors for the oil giant are involved in the cleanup. Officials believe high winds and seasonal low tides uncovered the material. Mississippi’s […] [...]

Legal-Bay: BP claims settlement headed to Supreme Court

by MBJ Staff Published: February 17,2014

Tags: bench, BP, claim, court, energy, gas, justice, law, legal, Legal-Bay LLC, offshore drilling, Oil, oil spill, settlement, Supreme Court

NEW ORLEANS — Legal-Bay LLC, The Lawsuit Settlement Funding Company, believes the British Petroleum Inc. Business Economic Loss (BEL) claims settlement will eventually make its way to the U.S. Supreme Court under a writ of certiorari. Legal-Bay said the issues revolve around constant legal wrangling by B.P. to drastically alter the landmark settlement, by claiming […] [...]

Environmentalists turn to court over offshore leasing rules

GULF OF MEXICO — Environmental groups want a judge to stop rules setting a framework for offshore gas and oil exploration in parts of the Mississippi Sound. At a hearing yesterday, the Sierra Club and the Gulf Restoration Network asked Hinds County Chancery Court Judge William Singletary to order the Mississippi Development Authority to reconsider […] [...]

BP appeals judge’s ruling over spill claims

by Associated Press Published: December 27,2013

Tags: BP, Carl Barbier, court, energy, judge, justice, law, legal, offshore drilling, oil rig, oil spill, settlement

NEW ORLEANS — BP is appealing a judge’s rejection of its argument that claimants who can’t trace their losses directly to the company’s 2010 Gulf oil spill shouldn’t receive payments through a multibillion-dollar settlement with a team of private plaintiffs’ lawyers. BP attorneys filed a notice of appeal yesterday, two days after the ruling by […] [...]

Supreme Court refuses to hear drilling moratorium case

by Associated Press Published: December 16,2013

Tags: bench, BP, crude oil, energy, justice, law, legal, moratorium, Obama Administration, offshore drilling, oil spill, Supreme Court

WASHINGTON — The Supreme Court won’t decide if the Obama administration violated a judge’s order that struck down its temporary moratorium on deep water drilling after BP’s 2010 oil spill in the Gulf of Mexico. The high court today refused to hear an appeal from offshore service companies that challenged the moratorium. A federal judge […] [...]

Judge to hear objections to BP oil spill settlement

NEW ORLEANS — A year ago, lawyers for BP and Gulf Coast residents and businesses took turns urging a federal judge to approve their settlement for compensating victims of the company’s massive 2010 oil spill. Today, however, the one-time allies will be at odds when an appeals court hears objections to the multibillion-dollar deal. That’s […] [...]

Second phase of BP oil spill trial comes to an end

NEW ORLEANS — Two weeks of courtroom debate over how much oil spewed into the Gulf of Mexico after BP PLC’s 2010 rig disaster has concluded, marking the end of the second phase of a trial over the Deepwater Horizon explosion that killed 11 workers. Government experts estimate 176 million gallons spilled into the Gulf. […] [...]

Callon Petroleum selling Gulf asset for $100M

NATCHEZ — W&T Offshore Inc. plans to buy Callon Petroleum Co.’s shares of Gulf of Mexico oil and gas fields for $100 million. Callon announced the sale Thursday. It’s supposed to close by Nov. 30. Houston-based W&T will buy a 15 percent share of the Medusa field, which produces about 1,000 barrels of oil per […] [...]

Oil spill trial begins look into how much oil leaked into Gulf

NEW ORLEANS — The focus of a trial over BP’s 2010 oil spill in the Gulf of Mexico has shifted to the multibillion-dollar question of how much crude gushed from BP’s blown-out well. Lawyers for BP and the federal government began Monday presenting U.S. District Judge Carl Barbier with conflicting scientific theories to explain their […] [...]

Judge suspends some oil spill settlement payments

NEW ORLEANS — A federal judge has ordered the administrator of a multibillion-dollar settlement over BP’s 2010 Gulf oil spill to immediately suspend making settlement offers and payments to some businesses that claim the company’s 2010 oil spill cost them money. U.S. District Carl Barbier issued Thursday’s order a day after an appeals court reversed […] [...]

Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments