Posts Tagged ‘Oil’

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, […] [...]

Magnolia Marine adds new towboats, plans further expansion

VICKSBURG — Magnolia Marine Transport Co. has added two new towboats to its fleet and is planning for additional expansion. Vice president of operations Roger Harris tells The Vicksburg Post the vessels Miles Madison and Anna Elise were christened on June 29. Magnolia already has 19 towboats and 68 barges in service, Harris says. The […] [...]

Judge rules BP must pay oil spill settlement administrator

NEW ORLEANS — A federal magistrate has ordered BP to pay more than $130 million in fees to the court-supervised administrator of its multibillion-dollar settlement with Gulf Coast businesses and residents after the company’s 2010 oil spill. U.S. Magistrate Sally Shushan ruled that BP is obligated to fund the settlement program’s third-quarter budget even though […] [...]

BP claims it’s found more fraud in oil spill settlement program

NEW ORLEANS — BP says it has uncovered new allegations of fraud and conflicts of interest inside the settlement program that has awarded billions of dollars to Gulf Coast businesses and residents following the company’s 2010 oil spill in the Gulf of Mexico. In a federal court filing today, BP renewed its request for a […] [...]

Governors announce partnership to research oil sands

MOBILE — The governors of Mississippi and Alabama said Saturday their two states will partner to study oil sands resources. Oil sands are a sandy mixture found below the surface containing bitumen. After extracting the sand, the bitumen can be transformed into crude oil that can be refined. Gov. Phil Bryant and Alabama Gov. Robert […] [...]

Judge declines to shut down BP oil spill payments

NEW ORLEANS — A federal judge refused Friday to temporarily shut down a multibillion-dollar settlement program for compensating victims of BP’s 2010 Gulf oil spill, saying he has seen no evidence of widespread fraud among the tens of thousands of claims. The judge also said he was offended by what he saw as attempts to […] [...]

City gets royalty payment from oil well

NATCHEZ — The City of Natchez has received $76,500 for its share of royalties from an oil well. Mayor Butch Brown tells the Natchez Democrat the check covers a period from December through May. Alderwoman Joyce Arceneaux-Mathis, in whose ward the well sits, wants aldermen to have a finance committee meeting to determine if the money […] [...]

Judge to hear BP’s complaint about oil spill claims

NEW ORLEANS — A federal judge has scheduled a hearing Friday on BP’s bid to temporarily block settlement payments to Gulf Coast businesses and residents who claim they lost money after the company’s 2010 oil spill. Yesterday, BP asked U.S. District Judge Carl Barbier to suspend the payments while former FBI Director Louis Freeh investigates […] [...]

Researchers: Oil sheen coming from Deepwater Horizon wreckage

GULF OF MEXICO — A team of researchers has concluded that pockets of oil trapped in the wreckage of the sunken Deepwater Horizon are the likely source of oil sheens that have been spotted in the Gulf of Mexico near the site of the deadly 2010 explosion on the BP-leased drilling rig. A newly published […] [...]

BP launches hotline to report fraudulent oil spill claims

GULF COAST — BP has set up a hotline for people to report alleged fraud involving claims arising from the company’s massive 2010 oil spill in the Gulf of Mexico. Today’s launch of the hotline comes a week after a federal appeals court heard BP’s argument that it has been forced to pay hundreds of […] [...]

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