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oil giant 28 articles

Lab analyses underway for mystery sheen near Deepwater Horizon wreckage

Subsea inspections at the site of the Deepwater Horizon disaster have failed to determine the source of a mysterious sheen that has been making repeat appearances for months in a region of the Gulf of Mexico. The sheen has been spotted in the vicinity of BP’s blown-out Macondo well, which gushed oil for weeks in 2010, prompting BP to conduct a number of missions under the Coast Guard’s supervision. According to the U.S. Coast Guard, “an ‘unidentified substance inconsistent with oil’ is emitting from several areas of BP’s Deepwater Horizon rig wreckage, but no sources of leaking oil were identified.” ... Read More

Deepwater Horizon victim’s father says BP should be fined $45 billion

Critics of the U.S. Justice Department’s $4.5-billion agreement with BP to settle criminal fines related to the Deepwater Horizon oil spill think the oil giant got off the hook too easy. Among those critics is Billy Fred Anderson, a father whose son died in the April 2010 explosion that destroyed BP’s oil rig. Mr. Anderson stated his harsh opinion of the agreement in a court filing under a law that permits victims to comment on deals reached between the Justice Department and parties pleading guilty to criminal charges. BP “killed my son in their efforts to speed up operations, to ... Read More

BP’s Deepwater Horizon well could be leaking again, investigations suggest

BP is conducting a series of little-known deep-sea missions under Coast Guard supervision in an effort to find the source of new oil emerging from the Deepwater Horizon well site, according to a CBS report. The oil giant first reported the appearance of a fresh oil slick in the vicinity of its blown-out Macondo well in the Gulf of Mexico on September 16, 2012. Tests of oil taken from the new spill confirmed it was chemically identical to the crude that had blasted out of the out-of-control well for weeks in 2010. BP’s Deepwater Horizon oil rig exploded on April ... Read More

BP employees arraigned on manslaughter, obstruction charges

Two BP well site leaders have been arraigned on manslaughter charges for the deaths of 11 workers who lost their lives when Deepwater Horizon rig exploded and sank in the Gulf of Mexico two years ago. A third man faces a federal felony charge for hiding information from Congress about the volume of oil that gushed from the well for more than 80 days while he was employed by BP. Under an agreement reached with the Justice Department earlier this month, BP said it would plead guilty to 11 manslaughter counts related to its Deepwater Horizon disaster and one felony ... Read More

Lack of integrity gets BP banned from new U.S. contracts

The U.S. government has banned oil giant BP from new drilling contracts over its “lack of business integrity” related to the 2010 Deepwater Horizon explosion, which killed 11 rig workers and released more than 200 million gallons of oil into the Gulf of Mexico. The Environmental Protection agency said Wednesday that BP’s inability to stop the flow of oil after the deadly blowout demonstrated the company’s lack of professional standards. The agency’s decision also follows BP’s November 15 agreement to plead guilty to criminal charges of manslaughter, obstructing Congressional inquiries, and violating environmental rules – charges to which BP agreed ... Read More

BP oil spill contamination keeps popular Louisiana beach off limits

ELMER’S ISLAND, Louisiana—The public beaches on Elmer’s Island remain closed two months after Hurricane Isaac tore through the region, exposing oil remaining in the water from BP’s Deepwater Horizon disaster in 2010. Louisiana’s Department of Wildlife and Fisheries reminded the public on Monday that the popular beaches are still closed due to the presence of oil mats and tar strewn along the barrier island, which sits just west of Grand Isle on the southeastern tip of Jefferson Parish. The agency said that the beaches would remain closed until further notice, but did not indicate how long cleanup of the oil ... Read More

Giant oil spill threatens NY and NJ shores in wake of Hurricane Sandy

A giant oil spill continues to threaten the New York and New Jersey shores after Hurricane Sandy struck the Northeast on October 29, damaging several diesel fuel terminals and releasing an estimated 350,000 gallons of fuel into the water near New York City. Motiva, the owner of the fuel terminals, was reportedly coordinating with local agencies to conduct a thorough inspection and damage assessment of its diesel fuel terminals in Sewaren, New Jersey. The processed diesel fuel erupted into the Arthur Kill Waterway, the body of water separating New Jersey from Staten Island, New York, from four of Motiva’s vulnerable ... Read More

Option to opt out of BP oil-spill agreement expires

The deadline for BP oil spill claimants to opt out of the proposed class-action settlement ended Thursday, but individuals and businesses who took a financial blow from the 2010 spill may still file claims through the Deepwater Horizon Claims Center. Claims administrator Patrick Juneau, who was appointed by the court to take over the claims process from Kenneth Feinberg, encouraged anyone who may have been harmed by the spill to seek damages through the claim center. “When in doubt, file a claim,” has been a mantra of Mr. Juneau ever since he took over administering the oil-spill claims in March. ... Read More

Concealed documents show officials may have downplayed BP oil spill’s effects on sealife

U.S. federal documents obtained by an environmental group under the Freedom of Information provisions and shared with the UK’s the Guardian newspaper show that government officials apparently tried to quash images and reports of a young sperm whale likely killed by BP’s 2010 Gulf oil spill. According to the Guardian, on June 15, 2010, National Oceanic and Atmospheric Administration (NOAA) personnel aboard the Pisces research vessel found the whale’s body decaying and partially eaten by sharks about 77 miles south of the Deepwater Horizon oil spill site. Communication between NOAA officials indicated the young whale may have come from a ... Read More

Asset sales, other deals could make BP a much smaller (yet still powerful) company

Two and a half years after BP’s Macondo well erupted in the Gulf of Mexico and unleashed the worst oil spill in U.S. history, the oil giant finds itself at a crossroads that could affect the way it does business for decades to come. In an effort to put the Deepwater Horizon disaster behind it and return some predictability to the company, the oil giant is considering selling its hefty stake of a highly profitable Russian oil venture – a move that would effectively marry BP with the Russian government for years to come. That decision, worth about $26 billion, ... Read More