Gulf of Mexico News

BP Wins Spill Trial Ruling, Old Accidents Kept Out

BP Plc won a court order to keep references to some previous accidents out of this month’s trial to assess blame for the 2010 Gulf of Mexico oil spill, the oil copany’s second victory in as many days to bar …

BP Wins Exclusion of Emails From Oil Spill Trial

BP Plc won a court order keeping several potentially damaging emails out of a scheduled trial to determine responsibility for the 2010 Gulf of Mexico oil spill. Wednesday’s ruling by U.S. Magistrate Judge Sally Shushan in New Orleans came a …

BP Preparing ‘Vigorously’ for Oil Spill Lawsuits

BP said it was preparing “vigorously” for lawsuits related to its Gulf of Mexico oil spill, which are due to start later this month, as it unveiled a rise in fourth-quarter earnings boosted by higher oil prices and one-off gains. …

Halliburton Wins Ruling vs BP Over Gulf Oil Spill

A federal judge on Tuesday said Halliburton Co is not liable for some pollution claims arising from the 2010 Gulf of Mexico oil spill, setting back BP Plc’s effort to hold other companies responsible for part of the $42 billion …

Judge Denies BP Request to Penalize Halliburton

A federal judge shot down BP’s request to penalize Halliburton for allegedly destroying damaging evidence about the quality of its cement slurry that went into drilling the oil well that blew out last year and caused the nation’s worst offshore …

BP Seen Agreeing to $20-25B Oil Spill Settlement

BP is likely to agree to pay the U.S. Department of Justice $20-$25 billion to settle all charges around the Gulf of Mexico oil spill, according to a leading analyst, a prediction that is at least twice what the company …

New Orleans Woman Admits Making False Claim for BP Money

A New Orleans, La., woman has pleaded guilty to making a fraudulent claim for money from the $20 billion compensation fund that BP PLC established in the aftermath of the 2010 oil spill in the Gulf of Mexico. Twenty-five-year-old Natasha …

New NOAA Study Mirrors Spill Rate from BP Well

Federal scientists say a new chemistry-based analysis of the 2010 oil spill in the Gulf of Mexico closely matches official estimates released at the time of the spill. The National Oceanic and Atmospheric Administration says a new study found that …

BP Maintains Stance, Entitled to Payment From Halliburton

BP is reiterating claims first made last April that it is entitled to payment from contractor Halliburton Energy Services for expenses and lost profits resulting from the 2010 Deepwater Horizon offshore oil well disaster. BP’s latest filing was made Monday …

Report: Systematic Approach to Safety Needed to Prevent Catastrophic Oil Spills

U.S. offshore oil and gas drillers need to take a more systematic approach to safety in all aspects of their operations to prevent another catastrophe like last year’s massive Gulf of Mexico oil spill, a scientific panel said on Wednesday. …