oil spill News

Oil Spill Fund Audit Finds Underpayments of $64M

An audit of the $20 billion fund for paying victims of the 2010 Gulf of Mexico oil spill found “significant errors” that led to about 7,300 claimants who were underpaid receiving an extra $64 million, the U.S. Justice Department said …

Probe: Ship Took Short Cuts Before New Zealand Grounding

A cargo ship that ran aground on a well-charted New Zealand reef last year, spilling tons of oil, was taking short cuts to try to reach port by a deadline, investigators said in a report Thursday. The spill fouled pristine …

BP’s $7.8B Deal May Speed Payments for U.S. Spill

The estimated $7.8 billion deal struck by BP Plc with businesses and individuals suing over the massive 2010 Gulf of Mexico oil spill could speed up payments to thousands of claimants and offers lawyers a potential windfall in legal fees. …

Judge Tosses Spill Claims Against BP Contractor

A judge has dismissed all of the federal court claims against a BP PLC contractor sued over a deadly rig explosion and the massive oil spill it spawned in the Gulf of Mexico in 2010. None of the plaintiffs’ attorneys …

Few Pipeline Plans Account for River Risks

Federal officials investigating a pipeline break that spilled 1,500 barrels of oil into a Montana river said Wednesday that few companies take river erosion and other risks into account when evaluating pipeline safety. In recent months, several companies have completed …

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. …

BP Emails Reveal Company Veiling Spill Rate

On the day the Deepwater Horizon sank, BP officials warned in an internal memo that if the well was not protected by the blow-out preventer at the drill site, crude oil could burst into the Gulf of Mexico at a …

Grounded Cargo Ship Breaks Apart on New Zealand Reef

A cargo ship grounded off the New Zealand coast since October has split in two, spilling sea containers and debris and sparking fears of a fresh oil spill, maritime officials said Sunday. The wreck of the Greek-owned Rena was described …

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. …

Alabama Judge Grants Probation to 4 in Oil Spill Fraud

Four people will spend five years on probation after being convicted of pocketing money from Gulf oil spill claims. The Press-Register reports that U.S. District Judge William Steele also ordered the four to pay back money they received from the …