BP oil spill

BP Oil Spill
8:00 pm
Mon January 14, 2013

BP: Government Overestimated Size of Spill

BP has urged a federal judge to rule the company can't be penalized for millions of gallons of oil that spewed from its blown-out well but was captured before it could spill into the Gulf of Mexico.

A court filing Friday by BP says the federal government overestimated the size of the spill because workers captured more than 34 million gallons of crude and either burned it or shipped it to shore.

BP Oil Spill
5:00 pm
Mon January 14, 2013

Court Revives Call for Oil Spill Pollutant List

A federal appeals court has revived an environmental group's call to make BP PLC list the amount and type of every pollutant that got into the Gulf of Mexico during the 2010 oil spill.

But it upheld a lower court ruling that the rest of the Center for Biological Diversity's lawsuit became legally irrelevant when BP capped the well.

The 5th U.S. Circuit Court of Appeals took issue with BP's contention that the pollution information is readily available on the Internet, comparing the search to looking "for a needle in a cyberspace haystack."

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BP Oil Spill
1:51 pm
Thu January 10, 2013

BP Settlement Payments Exceed $1B Mark

Businesses and individuals who claim BP's oil spill in the Gulf of Mexico cost them money have been paid more than $1 billion through the company's class-action settlement with private plaintiffs' attorneys.

Court-supervised claims administrator Patrick Juneau says payments hit the $1 billion mark before the end of 2012. He also said 95 percent of claimants who were offered payments decided to accept them.

Juneau touted the acceptance rate as evidence the settlement and claims process are fair.

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BP Oil Spill
12:00 pm
Wed January 9, 2013

Transocean Heads To Court With Proposed Settlement

Transocean has proposed settlement.

Transocean, the owner of the oil drilling rig that exploded and triggered the BP oil spill is scheduled to make its first appearance in federal court in New Orleans. The company is offering a settlement.

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BP Oil Spill
11:52 am
Tue January 8, 2013

State Buys Wetlands with Oil Spill Settlement Funds

The state has acquired more than 11,000 acres of wetlands in Livingston and Tangipahoa parishes as part of a conservation project funded by a settlement over the Deepwater Horizon disaster.

The Coastal Protection and Restoration Authority of Louisiana said Monday that the $6.7 million purchase of the forested wetlands on the north shore of Lake Maurepas is funded by MOEX Offshore 2007 LLC, which was a minority partner in BP's blown-out well in the Gulf of Mexico.

BP Oil Spill
2:01 pm
Mon January 7, 2013

Judge Sets Feb. 14 Hearing on Transocean Plea Deal

A federal judge in New Orleans has scheduled a Feb. 14 hearing to decide whether to accept the Justice Department's criminal settlement with Transocean Ltd. over the company's role in the massive 2010 oil spill in the Gulf of Mexico.

Transocean, which owned the rig that sank after an explosion killed 11 workers and spawned the spill, agreed last Thursday to pay $400 million in criminal penalties and plead guilty to a misdemeanor charge of violating the Clean Water Act. The Switzerland-based company also agreed to pay $1 billion in civil penalties.

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BP Oil Spill
7:00 am
Fri January 4, 2013

$1.4 Billion Transocean Settlement May Set New Legal Standard

Massive settlements may be evidence of new legal precedent.

A federal judge will be asked to approve a proposed $1.4 billion settlement linked to the BP oil spill in 2010. Rig owner Transocean has reached a deal with the Department of Justice that appears to be creating legal precedent.

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BP Oil Spill
3:28 pm
Thu January 3, 2013

BP Worker Loses Appeal Over Court-Ordered Exam

A federal appeals court has refused to overturn a ruling that a BP rig supervisor must submit to a medical exam to determine if he is fit to be questioned under oath for civil litigation spawned by the company's Gulf oil spill.

A three-judge panel from the 5th U.S. Circuit Court of Appeals ruled Thursday that it doesn't have jurisdiction to review a judge's order for BP well site leader Donald Vidrine to be examined by a court-appointed psychiatrist.

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BP Oil Spill
2:06 pm
Thu January 3, 2013

Transocean To Pay $1.4 Billion In Gulf Oil Spill Settlement

The Transocean Discoverer Enterprise drill ship collects oil from the site of the Deepwater Horizon oil well as workers try to stem the flow of the spill in the Gulf of Mexico, June 12, 2010.
Saul Loeb AFP/Getty Images

Originally published on Thu January 3, 2013 5:10 pm

Transocean, the owner of the Deepwater Horizon rig where 11 men died in April 2010, has agreed to pay $1.4 billion in criminal and civil penalties to resolve Justice Department allegations over its role in the Gulf of Mexico oil spill.

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BP Oil Spill
10:50 pm
Sat December 29, 2012

La. Attorney General Says Money Running Out for BP Suits

The Louisiana Attorney General's Office says it's running out of money to pay for litigation over the 2010 BP PLC oil spill.

Rene Free, director of administrative services for state Attorney General Buddy Caldwell, tells The Advocate that no new money was appropriated in the current year's budget for Deepwater Horizon litigation. Caldwell asked for an additional $16.2 million in July at the start of the budget year, she says.

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