BP oil spill News

BP Oil Spill 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 a team of private plaintiffs’ attorneys, court-supervised claims administrator Patrick …

Criminal Charges Against BP Employees Test Reach of Maritime Statute

Not all manslaughter charges are created equal. If they were, the U.S. Justice Department might have filed just 11 charges when it brought a criminal case against two BP Plc employees last week, one for each of the 11 deaths …

Oil Spill Claims Process May Sink Gulf Coast Shrimp Processors

With looming legal deadlines related to the 2010 BP oil spill, dozens of shrimp processors along the Gulf Coast face a difficult dilemma, with either decision having the potential to jeopardize the future of their businesses and the region’s seafood …

Tests Confirm Link Between BP Oil, Post-Isaac Tar

Scientific testing has confirmed a link between oil from the massive BP spill and tar found on Alabama beaches after Hurricane Isaac. Auburn University researcher Joel Hayworth said Tuesday a chemical analysis showed that tar balls collected after Isaac were …

Government Finalizes Safety Rules for Offshore Drilling

Government regulators issued a final set of safety rules for offshore drilling Wednesday, fine-tuning a series of emergency measures put in place after the BP oil spill in 2010. Oil industry groups reacted tepidly, saying they were still poring over …

BP Gulf Spill Report: Oil Industry, Regulators Miss Major Accident Indicators

Transocean and BP, trade associations, and U.S. regulators largely judged the safety of offshore facilities by focusing on routine personal injury and fatality data such as dropped objects and trips and falls when they should have been more focused on …

New Law on BP Spill Fines Raises Stakes for Gulf States

U.S. Gulf Coast states have a higher stake in the amount of money the U.S. government can wring out of BP Plc for the 2010 Deepwater Horizon oil spill due to a new law that would divert billions of dollars …

High-Profile Fund Administrator Feinberg Discusses Victim Compensation, Lessons Learned

Having administered several high profile compensation funds over the course of 30 years, Kenneth Feinberg is no stranger to controversy. In an interview with Claims Journal, the attorney, author and adjunct law professor at several prominent East Coast universities, details …

Gulf Fishermen Reel From Seafood Troubles

Gloom infects the hard-working shrimp and crab docks of this gritty fishing town as the second full year of fishing since BP’s catastrophic oil spill kicks into high gear. Usually folks are upbeat and busy in May, when shrimpers get …

Louisiana Man Accused of Defrauding Spill Victims’ Fund

Federal prosecutors say a 41-year-old businessman who moved to New Orleans, La., from Georgia after the catastrophic BP oil spill in 2010 has been charged with defrauding a compensation fund set up for victims. The Justice Department says Dwayne Smith …