Articles by Ayesha Rascoe

Final U.S. Report on BP Gulf Oil Disaster Delayed

A U.S. team probing the causes of last year’s massive BP oil spill has delayed the release of its final report in order to more fully weigh the evidence, investigators said on Friday. The government’s findings on the spill that …

BP to Pay $85 Million to Settle Alaska Oil Spill Case

BP has agreed to pay a $25 million civil penalty, as well as spend $60 million on enhanced safety measures, to settle a federal probe of a pipeline oil spill on Alaska’s North Slope in 2006, the U.S. government said. …

Nuclear Agency to Conduct Safety Check of U.S. Plants

The top U.S. nuclear regulator Wednesday approved the launch of a safety review of U.S. nuclear reactors sought by President Barack Obama in response to the ongoing crisis at Japan’s Fukushima plant. The Nuclear Regulatory Commission voted to create an …

BP Workers Might Have Prevented Rig Accident If Consulted: Report

BP had workers on the doomed Deepwater Horizon rig who could have prevented the missteps that led to the massive Gulf of Mexico oil spill, but they were not consulted, the White House oil spill commission said on Thursday. In …

Democrats Vow to Pursue Oil Spill Liability Bill

U.S. Democrats Wednesday pressed for new legislation aimed at preventing a repeat of last year’s massive BP oil spill, as Republicans warned that the disaster should not be used to hamper offshore oil and natural gas production. The renewed push …

White House Panel Calls For Tough Regulation After BP Spill

White House panel probing BP’s massive oil spill called for an overhaul of a regulatory system that was “entirely unprepared” for disaster and outlined stringent, new oversight, a plan sure to face opposition from Republicans reluctant to expand government involvement. …

White House Oil Spill Report: Firms’ Decisions Saved Money, Raised Risk

BP and its partners made a series of cost-cutting decisions that ultimately contributed to the oil spill that ravaged the Gulf of Mexico coast over the summer, the White House oil spill commission said Wednesday. In its final report on …

Big Oil Firms Need Top-to-Bottom Safety Reform, Says Commission

Complacency at BP, as well as at Transocean Ltd and Halliburton, led to serious missteps prior to the rig explosion that unleashed millions of barrels of oil into the Gulf of Mexico over the summer, the heads of the White …

White House Panel: Human Errors, Not Safety Cuts, Behind BP Disaster

The White House oil spill commission said on Monday it found no evidence to support accusations that the largest offshore oil spill in U.S. history happened because workers for BP Plc and its partners cut corners to save money, mostly …

Panel on BP Gulf Oil Disaster Could Shape Liability Issues

The White House oil spill commission will delve into the root causes of the BP offshore drilling disaster at a meeting Monday that may have liability ramifications for the companies that continue to point the finger at each other for …