Gulf News

BP Gets $4 Billion from Anadarko for Oil Spill Costs

Anadarko Petroleum Corp will pay BP Plc $4 billion toward clean-up and victim compensation for the Gulf of Mexico oil spill. The amount is less than BP might have won in court, but it softens the blow of overall spill-related …

Louisiana Residents Travel to Say Spill Troubles Remain

Terrebonne and Lafourche parish residents, including fishermen and Houma Indians, are traveling across the country to share their insight on the Gulf’s recovery from last year’s oil spill. They’ll be in San Francisco later this month for a meeting hosted …

U.S. Sanctions BP, Contractors for Gulf Oil Spill

The U.S. offshore drilling regulator Wednesday formally issued sanctions against BP and the major contractors involved in the 2010 explosion on the Deepwater Horizon rig that killed 11 workers and spewed more than 4 million barrels of oil into the …

BP Accused of Trying to Disengage from Oil Spill

Authorities will keep up pressure on BP Plc to ensure it fully compensates victims of last year’s Gulf of Mexico oil spill, Florida Republican Senator Marco Rubio said Monday after the company indicated it wants to limit future claims. Last …

Gulf Oil Spill Claims Slow to Process

The fund BP set up to deal with compensation claims after last year’s Gulf of Mexico oil spill is working too slowly, U.S. Attorney General Eric Holder said Thursday. The fund is not sufficiently transparent and requires too much documentation …

Report: Hurricanes Pose Risk to 1.8M Coastal Homes

More than 1.8 million homes along the Gulf and Atlantic coasts are at great risk of being damaged by a hurricane, three times the number located in federally defined flood zones, according to a report released Tuesday. The report by …

Report: Transocean Contributed to Gulf Disaster

Flaws in Transocean Ltd.’s emergency training and equipment and a poor safety culture contributed to the deadly Deepwater Horizon drilling rig explosion that led to the Gulf oil spill, according to a Coast Guard report released Friday. The report centered …

Lawsuits Fly in BP’s Gulf Spill Blame Game

A barrage of court claims pitting BP Plc against its partners in the Gulf of Mexico oil spill could lay the groundwork for billions of dollars in settlements to spread the costs of the disaster. BP has sued Transocean Ltd, …

Oil Spill Claims Paid Total $3.8 Billion

Missing BP Laptop Had Personal Data of Claimants

A BP employee lost a laptop containing personal data belonging to thousands of Louisiana residents who filed claims for compensation after the Gulf oil spill, a company spokesman said Tuesday. BP spokesman Curtis Thomas said the oil giant on Monday …