BP Spill

Science and Environment
6:05 am
Fri December 19, 2014

Environmental Groups Draw Recommendations from Louisiana's Coastal Master Plan

Credit Restore the Mississippi River Delta Coalition

What to do with all the billions in Clean Water Act fines to be paid by BP and its contractors for the Deepwater Horizon oil spill?

Officially, it’s up to the Gulf Coast Ecosystem Restoration Council, made up of governors from the five affected states and heads of several federal agencies, to decide.

A coalition of environmental groups has come up with their own ideas for how the first millions can best be spent to restore the coast.

Science and Environment
11:51 am
Mon December 8, 2014

Supreme Court Rejects BP's Challenge To Gulf Oil Spill Settlement

The Deepwater Horizon oil rig burned on April 21, 2010.
U.S. Coast Guard Getty Images

Originally published on Mon December 8, 2014 2:13 pm

Oil giant BP has suffered a legal setback in its effort to limit how much the company will pay under a 2012 settlement with thousands of individuals and businesses along the Gulf Coast. Without comment, the U.S. Supreme Court rejected BP's request that it review previous lower court decisions that favored plaintiffs.

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Science and Environment
4:20 am
Tue November 25, 2014

Plan To Use Gulf Oil Spill Funds For Beach Hotel Sparks Lawsuit

The Alabama gulf coast is heavily developed with condo and hotel properties. Now the state wants to use Gulf Coast restoration funds to build a new beach hotel and conference center.
Debbie Elliott NPR

Originally published on Tue November 25, 2014 4:04 pm

Money is flowing now to Gulf Coast states to remedy damage from the 2010 Deepwater Horizon oil rig explosion and subsequent spill. All kinds of projects are underway, from building boat ramps to shoring-up marshland.

They're being paid for with a $1 billion down payment BP made toward its ultimate responsibility to make the Gulf Coast whole, a figure estimated to be up to $18 billion.

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Business
1:51 pm
Tue September 16, 2014

BP Lawyers Use Old-School Trick; Judge Not Amused

U.S. District Court Judge Carl Barbier ruled nearly two weeks ago that BP acted recklessly in the 2010 Deepwater Horizon rig accident and oil spill.
Alastair Grant AP

Originally published on Wed September 17, 2014 12:04 am

Back in school, did you ever fudge the spacing on a report to meet the teacher's page-length requirement? Lawyers representing oil company BP tried something similar in a recent court filing connected to the company's 2010 drilling rig accident and oil spill in the Gulf of Mexico.

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Business
5:31 am
Fri September 12, 2014

Despite Latest BP Spill Ruling, Deepwater Drilling in the Gulf Still Worth It

Credit U.S. Coast Guard

BP was to blame — that was U.S. District Judge Carl Barbier’s ruling a week ago in the case over the Macondo well disaster. The judge found Transocean, which was operating the Deepwater Horizon rig in 2010, and cement contractor Haliburton at fault too. But Barbier said BP was guilty of “gross negligence”. And that could mean that payouts by BP balloon to $50 billion or more ultimately.

Dr. Jim Richardson, professor of public administration and economics at LSU explains some of the business implications.


Science and Environment
11:07 am
Mon September 8, 2014

For Lack Of Mississippi Silt, The Gulf Is Losing Coastal Land

Thousands of miles of Louisiana's coastline have been disappearing over the last century. NPR's Lynn Neary talks to fishing guide Ryan Lambert about what's happening to his community.

 

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Business
4:57 am
Fri September 5, 2014

Federal Judge Rules BP Primary Culprit In Gulf Oil Spill

 

The oil giant BP said the legal battle over its 2010 oil spill isn't over. The company plans to appeal the federal judge's ruling yesterday, which said BP's reckless conduct and gross negligence caused the largest offshore oil disaster in U.S. history. BP's stock took a hit after the decision, which exposes the oil company to potentially billions more in financial penalties for polluting the Gulf of Mexico. This decision was welcomed news along the Gulf Coast.

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Business
9:59 am
Thu September 4, 2014

BP Acted With Gross Negligence In Gulf Oil Spill, Federal Judge Rules

Originally published on Thu September 4, 2014 11:31 am

In a long-awaited ruling, a federal judge on Thursday said BP acted with gross negligence in relation to the 2010 Deepwater Horizon oil rig explosion and consequent oil spill.

The decision could cost the British oil giant billions of dollars. Bloomberg reports:

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Business
2:38 am
Fri August 29, 2014

As BP Pays For Oil Spill Impact, Some People Aren't Seeing The Cash

Patrick Roy's company, Coastal Rental Equipment, used to rent these large pumps to offshore divers who work for oil and natural gas drillers. After the BP oil spill, when the government introduced a moratorium on drilling in the Gulf of Mexico, the Patterson, La., business suffered losses and eventually shut down.
Jeff Brady NPR

Originally published on Mon September 1, 2014 6:55 am

BP's 2010 oil spill in the Gulf of Mexico disrupted business all along the coastline. Through the end of July, the oil giant paid more than $13 billion to compensate people, businesses and communities affected. The company is disputing some of those claims in court battles that could drag on for years.

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Capitol Access
3:00 am
Tue April 15, 2014

Coastal Restoration Spending Advances

Scientists' rendering of the Louisiana coastline in 2100--if land loss is not reduced or halted.
Credit sciencenews.org

 

   Members of the House Transportation Committee put their stamp of approval on the Coastal Restoration Spending Plan for the upcoming fiscal year. Jerome Zeringue, director of the Coastal Protection and Restoration Authority, says they’ll spend $725-million. Most of that money is oil-spill funds from BP.

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