Deepwater Horizon News

BP Sets up Anti-Fraud Hotline for Spill Claims

BP has set up a hotline for people to report alleged fraud involving claims arising from the company’s massive 2010 oil spill in the Gulf of Mexico. The July 15 launch of the hotline comes a week after a federal …

Texas Joins Flood of States Suing BP over 2010 Gulf Spill

Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history. The complaint, filed Friday in U.S. District …

Rig Worker: Training Saved Lives After BP Blowout

A Transocean employee who served as chief mate on the Deepwater Horizon testified in New Orleans that he believes the rig crew’s emergency training saved lives following the 2010 explosion that killed 11 workers and triggered America’s worst offshore oil …

BP Faces August 2014 Trial on Shareholders’ Gulf Spill Claims

A U.S. civil trial has been set for Aug. 25, 2014, regarding accusations that BP Plc committed fraud by misleading shareholders before and after the 2010 Gulf of Mexico oil spill about its ability to respond to the accident. The …

BP Oil Spill Settlement Payments Exceed $1B Mark

Businesses and individuals who claim BP’s oil spill in the Gulf of Mexico cost them money have been paid more than $1 billion through the company’s class action settlement with a team of private plaintiffs’ attorneys, court-supervised claims administrator Patrick …

Transocean to Pay $1.4B to Settle Over BP Oil Spill

Transocean Ltd. agreed to pay $1.4 billion to settle U.S. government charges over BP Plc’s massive Gulf of Mexico oil spill in 2010 and the rig contractor admitted that its crew on the Deepwater Horizon was partly responsible. Transocean, which …

Judge Approves $7.8 Billion Settlement in BP Class Action Suit

A U.S. judge last Friday gave final approval to BP Plc’s settlement with individuals and businesses who lost money and property in the 2010 Gulf of Mexico oil spill. The order only addressed the settlement of economic and property damage …

Oil Firms, Regulators Miss Major Accident Indicators: Gulf Spill Report

Transocean and BP, trade associations, and U.S. regulators largely judged the safety of offshore facilities by focusing on routine personal injury and fatality data such as dropped objects and trips and falls when they should have been more focused on …

New Louisiana Coast Restoration Work to Start in 2 Areas

A $428 million plan to restore two parts of Louisiana’s rapidly eroding coastline is moving ahead. The commander of the U.S. Army Corp of Engineers, Lt. Gen. Thomas Bostick, officially signed the plan during a news conference on June 22 …

BP Claims U.S. Hiding Evidence on Size of Gulf Oil Spill

BP Plc has accused the U.S. government of withholding evidence that may show the 2010 Gulf of Mexico oil spill was smaller than federal officials claimed, a key issue in determining the oil company’s liability. A reduction in the size …