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BP To Launch Major Project In The Gulf Of Mexico

BP, PLC has announced plans to go forward with a major project in the gulf. They've reworked a 2013 proposal, trimming the cost of Mad Dog Phase 2 from $20 billion to $9 billion. Analysts see the decision to go forward as an indication of optimism in the future of oil prices.

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Judge's Gavel iStock
Judge's Gavel iStock
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New Orleans Man Pleads Guilty In Oil Spill Fraud

The New Orleans resident claimed the BP Oil Spill disrupted $26,000 worth of his business.

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Category: State News Tags:
As Drilling At Relief Well Continues, Gulf Coast Toils Over Spill Recovery
Win McNamee/Getty Images
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Scientist Say BP Oil Spill Damage Has Diminished

The Louisiana coastline has made a better than expected recovery from the Deep Water Horizon disaster. The latest findings show many coastal areas have already returned pre-spill conditions.

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Halliburton Main Office
Halliburton Main Office, Wikimedia Commons
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Halliburton Reaches $1.1B Oil Spill Settlement

This arrangement will settle claims that were assigned to Halliburton after BP's settlemnt in the case.

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Category: Music News Tags:
BP Filling Station Signage
Oli Scarff/Getty Images
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BP Files Appeal With U.S. Supreme Court

BP has officially asked the United States Supreme court to hear an appeal pertaining to a 2012 settlement stemming from the Deepwater Horizon disaster. The company filed a writ of certiorari petition on Friday.

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BP Filling Station Signage
Oli Scarff/Getty Images
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BP Sues U.S. Government

The company has been barred from getting new federal contracts to supply fuel and other services.

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(Photo by Flickr User MargaretNapier)
(Photo by Flickr User MargaretNapier)
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Judge Refuses To Suspend BP Settlement Payments

The settlement is a multi-billion dollar program.

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Category: Music News Tags: ,
Gulf Oil Spill
Chris Graythen/Getty Images
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Oil Sheens In The Gulf Are Likely From Deepwater Horizon

The Woods Hole Oceanographic Institution and the University of California at Santa Barbara have published recent studies indicating the oil is not seeping from the sealed-off Macondo well.

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Deepwater Horizon
Getty Images
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Federal Judge Denies BP’s Request To Block Payments (Update)

"Seems like this whole exercise is a belt-and-suspenders operation...There's no subtlety here. You're trying to get this issue to the 5th Circuit." - U.S. District Judge Carl Barbier

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Deepwater Horizon
Getty Images
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BP Moves To Block Settlement Payouts

BP contends that the claims administrator made decisions earlier this year that expose the company to fictitious losses outside the intended terms of the settlement.

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Gulf Oil Spill
Gerald Herbert-pool, Getty Images
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Judge OK’s BP Plea Deal, Families Not Happy

Relatives of workers killed in the 2010 explosion of the Deepwater Horizon drilling rig appeared in a New Orleans court room and gave "Gut wrenching" testimony before federal judge Sarah Vance approved an agreement with BP PLC...

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Deepwater Horizon
Getty Images
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Lafayette Man Ordered To Submit To Exam In BP Case

A federal appeals court in New Orleans has refused to overturn a ruling that compels a BP rig supervisor to submit to a medical exam.

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