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Wednesday September 2nd 2015

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‘BP Disaster’ Archives

Buzz: BP settlement talks stalled

Buzz: BP settlement talks stalled

Despite what the Wall Street Journal is reporting, my sources in New Orleans are telling me that the settlement talks between the BP lawyers and the plaintiffs' attorneys have stalled. It appears BP is leaking info to the media to put pressure on the victims' lawyers to reach an agreement before [...]

Buzz: BP settlement could be $14 billion

Buzz: BP settlement could be $14 billion

The Wall St. Journal is reporting that BP and the lawyers for those hurt by the massive 2010 Gulf of Mexico oil spill are discussing a possible $14 billion settlement, which will be paid out of the $20 billion fund the oil giant set up for its Gulf Coast Claims Facility. BP still faces [...]

Gulf Coast Restoration Network responds to BP trial delay

Press Release: It's unfortunate that the public's chance to understand what went wrong and who is to blame for the worst off-shore oil disaster in history has been delayed. This trial holds the promise of finally determining that BP and their partners were grossly negligent in the events [...]

House passes RESTORE Act —Kudos to Jeff Miller

The Times-Picayune is reporting that the House gave voice vote approval to an amendment that would dedicate 80 percent of Clean Water Act fines from the 2010 BP oil spill to a new Gulf Coast Restoration Trust Fund. The vote was a key victory for supporters of using the fine money to finance [...]

Restored?

In an effort to pass the RESTORE Act—which would assure that 80 percent of the fines incurred as a result of the 2010 oil spill in the Gulf of Mexico would stay in the Gulf Coast region—legislators are planning to tack the proposal onto a transportation bill. According to Dan McFaul, Rep. [...]

BP faces fraud claims by investors

BP faces fraud claims by investors who said the company lied before and after the 2010 Gulf of Mexico oil spill about its accident response capability, thanks to a ruling by U.S. District Judge Keith P. Ellison in Houston yesterday. Ellison said that holders of BP American depositary receipts to [...]

BP fines could go into federal black hole

BP fines could go into federal black hole

Congress, even a Republican-controlled one, can't control its avarice when it comes to billions that BP will have to pay in environmental fines for the BP Deepwater Horizon disaster. According to D.C. insiders, the buzz is that BP could try to settle with the U.S. Justice Department at the end of [...]

BP won’t have to admit it’s a felon

BP won’t have to admit it’s a felon

BP, owner of the “Deepwater Horizon” oil platform that exploded April 20, 2010, killing 11 workers and spewing 205.8 million gallons of crude oil into the Gulf of Mexico, won a major ruling in the trial to determine its liability for the damage caused by the three-month long undersea [...]

Mr. Robinson Goes to Washington

Mr. Robinson Goes to Washington

After a week in D.C., his layover at the Atlanta airport must have seemed almost calming. “Gawww-lee,” said Escambia County Commissioner Grover Robinson. “Washington is crazy.” Robinson was returning from Washington D.C. Wednesday night after a trip to the Beltway to push the RESTORE [...]

Buzz: Gulf Coast may not get BP fine money

I'm hearing that the U.S. Senate and House are  balking at the Restore Act - which would guarantee that the majority of the BP fine money related to the 201o oil spill would come to the the states most effected by the disaster - Florida, Alabama, Mississippi, Louisiana and Texas. Both Republicans [...]

Settlement possible in BP massive lawsuit

UPI is reporting that there is still a chance BP will reach settlements with the federal government and the affected states before the Feb. 27 trial over the 2010 Gulf of Mexico oil disaster begins in New Orleans. Legal analysts estimate the settlement may be around $25 billion. Read more.

BP to spend half billion to reinvent itself

BP to spend half billion to reinvent itself

BP North America told its marketers and franchisees that it is putting $500 million into marketing in the US over the next two years, in an attempt to revamp its brand, reports Convenience Store News. The oil giant that spewed millions of crude oil into the Gulf of Mexico when the Deepwater Horizon [...]

Drill, Maybe, Drill?

With less than two years having passed since the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, nearly 80 percent of Floridians support increased oil and natural gas development. This figure was arrived at by the American Petroleum Institute via an in-state phone survey this month. The [...]

BP hid potential spill volumes

BP hid potential spill volumes

The trials on the 2010 BP oil disaster are going to reveal what really happened on the Deepwater Horizon rig when it exploded--killing 11 men and spewing millions of gallons into the Gulf. AP is reporting on an internal BP memo from the day the Deepwater Horizon sank in which BP officials warned [...]

Oil Spill Restoration Meeting in Gulf Shores

There’s another chance tonight to comment on initial oil spill restoration projects slated for the Gulf Coast. After a holding meetings in Florida earlier this month, officials presenting the Deepwater Horizon Oil Spill Draft Phase I Early Restoration Plan and Environmental Assessment have [...]

Mother Jones: White House pressured scientists to underestimate BP spill

BP misled the public on the volume of crude spewing from the Deepwater Horizon wellhead into the Gulf of Mexico. They wanted people to believe that it would be capped quickly--knowing that success rate of their initial attempts were extremely low. When the government released its own estimate [...]

Health challenges in wake of BP oil disaster

Video on the health challenges faced by Gulf Coast residents in the wake of the BP Oil Disaster:

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