Posts Tagged ‘Oil’

Callon issues statement on Lone Star board candidates

NATCHEZ — Callon Petroleum Company (NYSE: CPE) has confirmed that Lone Star Value Management has filed notice to nominate two candidates to stand for election to Callon’s board of directors at the 2014 Annual Meeting. Callon issued the following statement: “Callon’s board of directors and management team are fully committed to creating value for all […] [...]

DMR sends letter to MDA over marine leasing, seismic activity

BILOXI — Jamie Miller, executive director of the Mississippi Department of Marine Resources, has sent a letter to the Mississippi Development Authority regarding the state’s process for leasing and seismic activity in Mississippi marine waters. In the letter, Miller said that MDA’s rules do not contradict the Mississippi Coastal Program, but determined the DMR should […] [...]

Gulf Coast drilling opponents to get their day in court

by Published: November 15,2013

Tags: BP, Business, energy, Mississippi, Oil

A recent ruling by a Hinds County’s Chancery Court judge will give opponents of oil and gas drilling in the Mississippi Sound their day in court to appeal the Mississippi Development Authority’s proposed drilling rules. Robert Wiygul, attorney for the Sierra Club and the Gulf Restoration Network, said,“We filed an appeal back in the spring. […] [...]

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 […] [...]

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 […] [...]

Oil well explosion puts five workers in hospital with burns

WAYNESBORO — Five workers have been injured in an explosion at an oil well near Waynesboro. Sean Dunlap, spokesman for Wayne County Emergency Management Agency, says the workers suffered burns. He did not know the extent of their injuries. They were taken to Wayne General Hospital in Waynesboro. Dunlap says the explosion caused a small […] [...]

Court reverses decision on BP getting oil spill insurance money

NEW ORLEANS — A federal appeals court has withdrawn its earlier ruling that BP is entitled to a portion of $750 million in coverage under a contractor’s insurance policies to help the London-based oil giant pay for costs associated with its massive 2010 oil spill in the Gulf of Mexico. A three-judge panel of the […] [...]

Judge refuses to suspend oil spill settlement payments

NEW ORLEANS — A federal judge has rejected BP’s latest request to suspend settlement payments to Gulf Coast residents and businesses while former FBI Director Louis Freeh leads an independent investigation of the program, which compensates victims of the company’s 2010 oil spill. U.S. District Judge Carl Barbier’s order today says an internal probe by […] [...]

Report blames welding for fatal Gulf oil rig fire

GULF OF MEXICO — A consultant’s report for a Texas-based company says a deadly 2012 explosion on its Gulf of Mexico oil platform off the Louisiana coast happened when workers for a subcontractor used unsafe welding practices. The report was released today, the same day two injured workers and their spouses filed a $180 million […] [...]

Judge sets deadline for oil spill claims administrator to respond to BP allegations

NEW ORLEANS — A federal judge has set an Aug. 26 deadline for court-supervised claims administrator Patrick Juneau to respond to BP’s allegations that it has uncovered new allegations of fraud and conflicts of interest inside a settlement program that has awarded billions of dollars to Gulf Coast businesses and residents. In an order yesterday, […] [...]

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