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Tag Archives: oil rig

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 millions of dollars in settlement ...

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New post-oil spill restoration plan lacks requirements

GULF OF MEXICO — There’s now a draft plan for using fines from the 2010 Gulf of Mexico oil spill to restore the Gulf Coast’s natural resources and economy. But the document doesn’t include two items required by federal law: a 10-year allocation plan or a three-year priority list of projects and programs, The Times-Picayune reports. There are several reasons, ...

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Governor unveils Coast projects funded by BP money

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. The money is part of ...

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

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 either burned the collected oil ...

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Judge accepts Transocean's oil spill agreement

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 a hearing today. The Swiss-based ...

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

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 selling its interests in three ...

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

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 Graves, Gov. Bobby Jindal’s top ...

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Governor appoints team to draw up oil spill money plan

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 Water Act fines from the ...

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