Gulf Coast oil spill News

Latest Gulf Coast Oil Spill May Be Largest Since 2010 BP Disaster

An oil spill in the Gulf of Mexico last week may be the largest in the U.S. since the 2010 blowout at BP Plc’s Macondo well that sank the Deepwater Horizon rig and killed 11 people. LLOG Exploration Co. reported …

BP Fights to Shrink Gulf Spill Estimate to Cap Potential Verdict

BP Plc, seeking to reduce potential water pollution fines of as much as $18 billion, will try to convince a judge that less oil spilled in the 2010 Gulf of Mexico disaster than the U.S. claims and that it capped …

BP Renews Bid to Suspend Settlement Payments

BP on Monday renewed its request for a federal judge to temporarily suspend settlement payments to Gulf Coast residents and businesses, citing a scathing report on alleged misconduct within the court-supervised program. In a court filing, BP attorneys said the …

Judge Accepts Guilty Plea From Halliburton

A federal judge has accepted a plea agreement that calls for Halliburton Energy Services to pay a $200,000 fine for destroying evidence after BP’s 2010 oil spill in the Gulf of Mexico. Halliburton pleaded guilty Thursday to a misdemeanor charge …

Study: Gulf Sheens Likely Came From Rig Wreckage

A team of researchers has concluded that pockets of oil trapped in the wreckage of the sunken Deepwater Horizon are the likely source of oil sheens that have been spotted in the Gulf of Mexico near the site of the …

BP Asks to Halt Spill Settlement Payments During Freeh Probe

BP Plc asked a federal judge to temporarily halt payments from the court-supervised settlement program set up after the 2010 Gulf of Mexico oil spill while Louis Freeh investigates possible misconduct. BP filed its request for an emergency halt to …

Constitutional Limits on Louisiana Oil Spill Money Fails

Attempts to limit Gulf Coast oil spill penalty money to coastal restoration in the Louisiana Constitution failed to gain legislative passage for a second year, while disagreements continue over just how tightly the dollars should be restricted. Rep. Simone Champagne, …

Oil Spill Judge: What is Gross Negligence?

The judge who will allocate responsibility for the 2010 Gulf of Mexico oil spill has told lawyers to give him their views about whether a series of negligent acts can add up to gross negligence. The Justice Department and private …

BP Objects to Oil Spill Price Tag Sought by States

BP has tallied up claims made by states and local governments on the U.S. Gulf Coast for economic and property damages from the Macondo oil spill, and come up with a figure of $34 billion, which it deems “substantially” overstated. …

State Claims a Wild Card in BP Civil Deal on Macondo Oil Spill

It is a question that has lawyers and many others on the U.S. Gulf coast buzzing: Will BP strike a massive deal to settle the remaining claims over the Gulf of Mexico well blowout? BP could be nearing a settlement …