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Tag Archives: British Petroleum

Once vilified, BP now getting credit for gulf tourism boom

In this Wednesday, May 13, 2015 photo, tourists line the beaches in Gulf Shores, Ala. Industry officials say Gulf Coast tourism is surging, five years after the BP oil spill. (AP Photo/Brynn Anderson)

ORANGE BEACH, Ala. — With the Memorial Day holiday here, fallout from the oil spill that left Gulf Coast beaches smeared with gooey tar balls and scared away visitors in 2010 is being credited, oddly, with something no one imagined back then: An increase in tourism in the region. Five years after the BP disaster, the petroleum giant that was ...

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Plan OK’d to drill into BP’s ill-fated Macondo reservoir

FILE -  In this April 2010 file photo, oil can be seen in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip, as a large plume of smoke rises from fires on BP's Deepwater Horizon offshore oil rig. Deep-water drilling is set to resume near the site of the catastrophic BP PLC well blowout that killed 11 workers and caused the nation's largest offshore oil spill five years ago off the coast of Louisiana. (AP Photo/Gerald Herbert, File)

NEW ORLEANS — Deep-water drilling is set to resume near the site of the catastrophic BP PLC well blowout that killed 11 workers and caused the nation’s largest offshore oil spill five years ago off the coast of Louisiana. A Louisiana-based oil company, LLOG Exploration Offshore LLC, plans to drill into the Macondo reservoir, according to federal records reviewed by ...

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Jury trials for medical lawsuits over BP oil spill approved

Deepwater Horizon

NEW ORLEANS — Oil spill cleanup workers who sue BP for medical problems that surface later in life have the right to make their case before a jury, a federal judge has ruled. The BP oil spill medical settlement reached in 2012 was set up to pay cleanup workers and others who experienced certain illnesses during the immediate aftermath of ...

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Gulf health 5 years after BP spill: Resilient yet scarred

From above, five years after the BP well explosion, the Gulf of Mexico looks clean, green and whole again, teeming with life — a testament to the resilience of nature. But there’s more than surface shimmering blue and emerald to the aftermath of the Deepwater Horizon spill. And it’s not as pretty a picture — nor is it as clear. ...

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5 years after BP spill, industry touts ability to respond

NEW ORLEANS — An oil consortium says an oil spill in the Gulf of Mexico today can be cleaned up far faster than five years ago when BP’s Macondo well blew out 45 miles off the coast of Louisiana, spawning the nation’s worst offshore oil spill. It took BP and the industry’s best containment technology 87 days to contain the ...

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Anadarko argues against $1B penalty in 2010 Gulf oil spill

NEW ORLEANS — An energy company that invested in the ill-fated Macondo well in the Gulf of Mexico is arguing in court that it should not face steep federal Clean Water Act penalties for the 2010 BP oil spill. The government has suggested a penalty of more $1 billion for Anadarko Petroleum Corp. Anadarko lawyers argue for a lower fine, ...

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BP to sell part of its Gulf of Mexico stake to Chevron

NEW YORK — BP is selling part of its stake in an emerging oil-producing region in the Gulf of Mexico to Chevron, and the two companies, along with Conoco Phillips, will work to develop the fields together. Terms of the deal were not disclosed. The joint-development agreement is a way for the companies to try to reduce the cost and ...

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Executive: No guarantee BP would help pay subsidiary's fines

NEW ORLEANS — An executive for the BP subsidiary that faces billions of dollars in possible fines for the 2010 Gulf of Mexico oil spill testified Tuesday that it is uncertain whether other BP entities would step in to help pay a steep penalty. The day’s first witness was Richard Morrison, regional president and chairman of the board for BP ...

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BP to call witnesses as it fights for lesser spill penalty

NEW ORLEANS — It will be oil giant BP’s turn Monday to call witnesses as it makes its case for a civil penalty lower than the $13.7 billion the federal government is seeking for the 2010 Gulf of Mexico oil spill. The second week of a three-week trial was set to begin in New Orleans. Last week, government experts testified ...

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BP hopes to lessen potential $13.7 billion spill penalty

NEW ORLEANS — Lawyers for the government and oil giant BP head to federal court Tuesday for a trial in that could add more than $13 billion in penalties to the billions BP already has shelled out as a result of 2010 Gulf oil spill. Federal lawyers say BP should pay Clean Water Act penalties as high as $4,300 per ...

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