Mississippi Business Journal » oil rig

Governor unveils Coast projects funded by BP money

Associated Press — Thu, 02 May 2013 23:52:49 +0000

MISSISSIPPI GULF COAST — BP PLC is paying $69 million for interactive exhibits at a Hancock County science center, a concrete pathway on the beach at Pascagoula, up to six miles of shoreline and improvements at a park as part of Mississippi Gulf Coast restoration from the Deepwater Horizon oil spill, Gov. Phil Bryant said. [...]

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BP to call first witness in oil spill case; first phase should end this month

Associated Press — Mon, 08 Apr 2013 12:02:11 +0000

NEW ORLEANS — BP is scheduled to call its first witness today at a trial designed to determine causes of its April 2010 well blowout in the Gulf of Mexico and assign fault to the companies involved in the deadly disaster. Halliburton, BP PLC’s cement contractor on the Deepwater Horizon drilling project, rested its case [...]

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

Associated Press — Wed, 20 Feb 2013 12:53:21 +0000

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 [...]

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Judge accepts Transocean’s oil spill agreement

Associated Press — Thu, 14 Feb 2013 15:41:56 +0000

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 [...]

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BP sells Gulf assets for $5.55B to cover cost of oil spill

Associated Press — Mon, 10 Sep 2012 17:15:24 +0000

GULF OF MEXICO — Oil company BP said today it is selling some deep-water assets in the Gulf Mexico to Plains Exploration & Production Co. for $5.55 billion, a big step in BP’s drive to cover the cost of its oil well blowout in the Gulf two years ago and concentrate investment elsewhere. BP is [...]

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Weathered oil washes up on beaches; could be from BP spill

Associated Press — Wed, 05 Sep 2012 12:16:51 +0000

GULF COAST — Weathered oil in the form of tar has washed up on some Louisiana beaches from Gulf waters churned by Hurricane Isaac, prompting restrictions of fishing in some waters and tests to determine whether the source is submerged oil from the 2010 Deepwater Horizon disaster. “I’d say there’s a smoking gun,” said Garret [...]

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Governor appoints team to draw up oil spill money plan

Associated Press — Thu, 23 Aug 2012 13:18:38 +0000

MISSISSIPPI GULF COAST — Gov. Phil Bryant has appointed more than 100 people from Mississippi’s coastal counties to draft a plan on how to spend money the state will get in legal damages as a result of the BP oil spill. The five states bordering the Gulf of Mexico will get 80 percent of Clean [...]

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Nesting season over, oil cleanup ramping up on islands

Associated Press — Mon, 20 Aug 2012 13:31:24 +0000

GULF OF MEXICO — With nesting season ending on the barrier islands, the BP oil disaster cleanup will ramp up starting today. BP spokesman Ray Melick tells the Sun Herald the work hadn’t been completely shut down, but was curtailed to permit sea birds to occupy the islands from April until about mid-August. A Gulf [...]

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Regulators release final set of rules for offshore drilling

Associated Press — Thu, 16 Aug 2012 16:02:59 +0000

GULF OF MEXICO — Government regulators issued a final set of safety rules for offshore drilling yesterday, fine-tuning a series of emergency measures put in place after the BP oil spill in 2010. Oil industry groups reacted tepidly, saying they were still poring over the 137-page rule released by the Interior Department. Some environmental activists, [...]

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Researchers to conduct five-year shellfish study on Coast

Associated Press — Fri, 10 Aug 2012 15:08:04 +0000

MISSISSIPPI GULF COAST — University of New Orleans researchers are getting federal money to study shrimp and crab populations over the 120 miles of coast between Lake Borgne in Louisiana to Mobile Bay in Alabama. The Bureau of Ocean Energy Management announced funding the $1.2 million five-year study of blue crabs, brown shrimp and white [...]

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