Gulf Coast Disaster News
|February 3, 2011, 9:44 am|
New York Times
The Gulf of Mexico should recover from the environmental damage caused by the enormous BP oil spill last year faster than many people expected, according to new estimates in reports commissioned by Kenneth R. Feinberg, the administrator of the $20 billion compensation fund.
|February 2, 2011, 9:54 am|
BP announced Tuesday it plans to sell its Texas City and Carson, Calif. refineries, cutting its U.S. refining capacity in half.
Beaumont attorney Brent Coon, who represented plaintiffs in a lawsuit against BP after the company's 2005 Texas City refinery explosion, said it's not clear how the facility's ongoing probation status under a federal criminal settlement will impact the sale.
|February 1, 2011, 2:15 pm|
BP Plc put half its U.S. refining assets up for sale on Tuesday, including the huge Texas City plant, a potentially prize asset but one that carries the stigma of a 2005 blast that killed 15 workers.
|January 31, 2011, 3:17 pm|
The Gulf Oil Spill of April 20, 2010, was an unprecedented catastrophic event caused by man. It has taken a toll on the environment, the previously ravaged Gulf Coast, and the livelihood of its people. The enormity of the impact is still being determined as the claim process continues, which begs the question: What is happening now with the key players involved in paying claims?
|January 28, 2011, 9:30 am|
HE RIDES a Harley, plays guitar in a rock band and goes skydiving. But Brent Coon's name is known for something else: suing BP. And that's ok with him. With Coon leading many of the lawsuits against BP following the Texas City refinery disaster of 2005, which killed 15 workers and injured more than 100, the settlements ran to more than $3bn.
|December 27, 2010, 5:28 pm|
The initials BP are by now a household word. It is a name that in the public mind at least has become synonymous with longtime legal, environmental, and safety issues.
|December 21, 2010, 12:35 pm|
U.S. District Court Judge Carl Barbier ordered Transocean Ltd. Friday to give safety audits and other materials on all of its vessels in the Gulf of Mexico to government investigators, and not just material related to the Deepwater Horizon rig.
|December 8, 2010, 8:51 am|
Courthouse News Service
As BP struggled to control the worst oil leak in U.S. history, it asked JESCO, a Mississippi-based disaster services firm, to supply "boats, barges, containers, decontamination operations, oil supply boats, fuel tanks, oil storage barges and lengths of boom to BP on an as-needed basis," JESCO says. So, JESCO says, it spent $1 million getting 11 boats ready for the job - and BP never hired them, won't pay the $1 million, and now it denies they ever had an agreement at all.
|December 2, 2010, 8:36 am|
Originally posted on CNBC.com - December 1, 2010
LONDON - Last month, BP increased by $8 billion the financial provisions it was taking for the Gulf of Mexico oil spill; the company's shares rose. Better-than- expected underlying profits and upbeat comments from new Chief Executive Bob Dudley were taken by the market as a sign the company had turned the corner and would soon return to pumping out steadily rising dividends.
|November 15, 2010, 1:44 pm|
Los Angeles Times
A stream of evidence shows that "a culture of complacency" rather than a "culture of safety" prevailed at BP, Transocean Ltd. and Halliburton as they worked on the ill-fated Deepwater Horizon drilling rig, according to the chairmen of the presidential commission investigating the oil spill in the Gulf of Mexico.
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