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Federal Judge Denies BP's Request To Block Payments (Update)

Steve Wiley — Sat, 06 Apr 2013 11:00:09 +0000

"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

BP Moves To Block Settlement Payouts

Steve Wiley — Fri, 05 Apr 2013 16:08:02 +0000

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.

Judge OK's BP Plea Deal, Families Not Happy

Steve Wiley — Tue, 29 Jan 2013 21:51:58 +0000

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. The company pleads guilty to manslaughter and other charges. BP will pay $4 billion in criminal penalties for [...]

Lafayette Man Ordered To Submit To Exam In BP Case

Steve Wiley — Thu, 03 Jan 2013 22:00:48 +0000

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. Donald Vidrine, of Lafayette, La. has been ordered to undergo the exam to determine if he is fit to be questioned under oath for civil litigation resulting from the Deepwater [...]

Two BP Employees, Including Lafayette Man, To Face Manslaughter Charges

KPEL 96.5 — Fri, 16 Nov 2012 12:45:35 +0000

Robert Kaluza of Henderson, Nevada, and Donald Vidrine of Lafayette, will face 11 counts each of seaman's manslaughter.

BP Sells US Assets To Offset Losses From 2010 Gulf Spill

Steve Wiley — Mon, 13 Aug 2012 19:16:54 +0000

BP announced today an agreement to sell its refinery in Carson, California and Arco retail outlets in southern California, Arizona and Nevada to Tesoro Corp.

Federal Report Blames BP For Gulf Oil Spill

Steve Wiley — Wed, 14 Sep 2011 17:22:53 +0000

A federal panel has issued a report on it's invsetigation into the Deepwater Horizon Diasater. AP reports the panel places the blame squarely on the shoulders of decision makers with BP.

BP's Arctic Deal Falls Through

Steve Wiley — Tue, 17 May 2011 19:49:03 +0000

Just over a year after the Gulf Oil Spill, BP’s attempts to move forward have been dealt a major setback. The company had announced a $16 billion share swap with the Russian Rosneft back in January. The Associated Press reports the deal would have given BP a huge presence in the Arctic, enabling the company to [...]

One Year Later, How Is BP Doing?

Steve Wiley — Tue, 19 Apr 2011 18:42:20 +0000

‘BP has never done anything other than send flowers and three people to Jason’s memorial service’ – Shelley Anderson, widow of rig worker Jason Anderson. ‘I’d like my life back.’ – Former BP CEO Tony Hayward ‘BP has not — and will not — shy away from its responsibilities,’ – BP CEO Bob Dudley With tomorrow [...]

A Year After the BP Spill, How are We Doing?

Steve Wiley — Mon, 18 Apr 2011 19:16:18 +0000

'I was exposed to those chemicals, which I questioned, and they told me it was just as safe as Dawn dishwashing liquid and there was nothing for me to worry about' - Jamie Simon

Wednesday will mark one year since Transocean's Deepwater Horizon exploded off the Louisiana Coast, causing the worst oil spill in U.S. history and killing 11 people. A Year After The Spill, How Are We Doing?

BP Wants To Resume Drilling

CJ — Tue, 05 Apr 2011 03:10:21 +0000

In a recent survey, most KTDY facebook fans say DRILL! “Drill baby drill” “Yes there is no reason BP shouldn’t drill again….We need the work…” “We all need to eat and pay our bills so drill baby drill!!!” “No to BP. Give the job to someone else!” “It’s time, as long as they follow the [...]

Shell To Acquire BP?

Steve Wiley — Tue, 04 Jan 2011 16:58:03 +0000

(From The Associated Press) Shares in BP PLC have jumped after a report published Tuesday saying Royal Dutch Shell PLC is interested in a tie-up with the London-based company. The Daily Mail, citing unidentified people close to the company, reports that Shell considered a takeover bid when shares in BP reached a nadir after the [...]

New Deepwater Explosion Article

JayCee — Tue, 28 Dec 2010 00:06:44 +0000

The worst of the explosions gutted the Deepwater Horizon stem to stern.

Crew members were cut down by shrapnel, hurled across rooms and buried under smoking wreckage. Some were swallowed by fireballs that raced through the oil rig’s shattered interior. Dazed and battered survivors, half-naked and dripping in highly combustible gas, crawled inch by inch in pitch darkness, willing themselves to the lifeboat deck.

Feds File Suit Against BP, Transocean & 7 Other Companies

Steve Wiley — Thu, 16 Dec 2010 16:54:11 +0000

The Department of Justice announced Wednesday that it is filing suit against BP and eight other companies for the Deepwater Horizon oil spill. The DOJ is seeking civil penalties under the Clean Water Act—which could add up to as much as $21 billion—and wants to declare eight of those companies "liable without limitation" for the costs of clean up and damage caused by the disaster.