Collateral Agreement Didn’t Mention Tort Claims, Cutting SUNZ Out of BP Funds January 10, 2025 By William Rabb If insurance carriers want dibs on a company’s assets as premium security or collateral, they had better specify that those...
Once Praised, Settlement to Help BP Oil Spill Workers Leaves Most With Nearly Nothing April 22, 2024 By Travis Loller and Michael Phillis When a deadly explosion destroyed BP’s Deepwater Horizon drilling rig in the Gulf of Mexico, 134 million gallons of crude...
13 Years Later, Oil Drilling in Gulf Safer, But Concerns Persist, Study Shows April 6, 2023 Thirteen years after the massive Deepwater Horizons spill fouled the Gulf of Mexico, regulators and industry have reduced some risks...
US Aims to Reverse Some Trump Offshore Safety Rule Rollbacks September 15, 2022 By Janet McConnaughey The U.S. Department of the Interior said Monday that it wants to reverse some Trump administration rollbacks of offshore safety...
Louisiana to Get $205M in BP Spill Money for Coastal Restoration August 17, 2020 Louisiana is getting another $205 million in BP oil spill money to restore its coast. Most of that — $176...
10 Years Later: Oil Drilled Deeper; Rules Relaxed After BP Oil Spill April 20, 2020 By Matthew Brown and Kevin McGill Ten years after an oil rig explosion killed 11 workers and unleashed an environmental nightmare in the Gulf of Mexico,...
Trump Regulatory Rollback Targets Safety Rules Prompted by Industrial Disasters November 25, 2019 By Ari Natter and Jennifer A. Dlouhy The Trump administration’s move to relax an Obama-era chemical safety regulation put in place after an explosion at a fertilizer...
BP Oil Spill Caused $17.2 Billion in Natural Resource Damage: Virginia Tech Scientists April 20, 2017 The 2010 BP Deepwater Horizon oil spill did $17.2 billion in damage to the natural resources in the Gulf of...
BP Raises Liability by $5.2 Billion for Deepwater Horizon Spill July 18, 2016 By David Wethe and Rakteem Katakey BP Plc has raised the total liability from the Deepwater Horizon oil disaster, which triggered the worst offshore oil spill...
BP Supervisor Pleads Guilty to Misdemeanor in Deepwater Horizon Oil Spill December 3, 2015 By Janet McConnaughey Manslaughter charges were dropped on Wednesday, Dec. 2, against a BP supervisor responsible for safety aboard the rig where an...