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BP returns to court over Deepwater Horizon spill as 11bn in fines loom

2013-09-29 19:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: BP's lawyers will fight attempts to fine the oil giant up to $18bn (11.1bn) over the 2010 Deepwater Horizon disaster, when a new trial opens in New Orleans on Monday. The latest legal battle revolves around the company's efforts to cap its runaway well, and the amount of oil that entered the Gulf of Mexico during the 87-day spill. The trial, expected to last a month, could add up to $18bn in financial penalties to BP's bill for the disaster five times the $3.5bn originally set aside for...

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Ecosystem Recovery from Deepwater Horizon Oil Spill Will Take Decades

2013-09-25 18:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Nature World: It will likely take decades before the deep-sea ecosystem around the Deepwater Horizon oil spill site recovers from the impacts of the environmental disaster, according to new research published in the journal PLOS One. When the well head blew out on the Deepwater Horizon oil rig in April 2010, nearly 5 million barrels (210 million gallons) of oil spewed from the ocean floor, encroaching upon the soft-sediment ecosystem in place at the bottom of the Gulf of Mexico. The oil spill and plume covered...

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BP requests US court to stop spill settlement payments

2013-09-24 01:00:00| Offshore Technology

British oil major BP has requested that a US court temporarily stops payments from its settlement agreement for the 2010 oil spill in the Gulf of Mexico.

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BP seeks to have Gulf Coast oil spill settlement payments suspended

2013-09-23 23:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: BP on Monday renewed its request for a federal judge to temporarily suspend settlement payments to Gulf Coast residents and businesses affected by the 2010 Deepwater Horizon oil spill, citing a scathing report on alleged misconduct within the court-supervised program. In a court filing, BP attorneys said the report, issued earlier this month by the former FBI director Louis Freeh, shows the settlement program is plagued by problems that need to be fixed. US district judge Carl Barbier has already...

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Halliburton pleads guilty to destroying Gulf spill...

2013-09-20 10:57:59| Energy - Topix.net

Halliburton Co pleaded guilty on Thursday to federal charges of destroying evidence, stemming from its role in the 2010 BP oil disaster that killed 11 men and sent more than 4 million barrels of oil spewing into the Gulf of Mexico.

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