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Obama Opened Floodgates for Offshore Fracking in Recent Gulf of Mexico Lease

Steve Horn | Posted 10.28.2014 | Green
Steve Horn

Cross-Posted from DeSmogBlogIn little-noticed news arising out of a recent Gulf of Mexico offshore oil and gas lease held by the U.S. Department of In...

BP Oil Spill Fine Upset: Likely to Soar Tens of Billions

Janet Tavakoli | Posted 12.11.2012 | Business
Janet Tavakoli

Just after mainstream financial news outlets reported that BP p.l.c. is close to a settlement for the 2010 Deepwater Horizon explosion that killed 11 workers and caused the worst oil spill in U.S. history, there is more bad news for BP that could cause its fine to soar tens of billions of dollars.

BP: Still Leaking (Updated)

Janet Tavakoli | Posted 12.09.2012 | Business
Janet Tavakoli

As if British Petroleum didn't have enough trouble with its Gulf Coast damage settlement, Norwegian authorities are investigating a "substantial" oil and gas leak off the coast of Norway.

Judge Issues BP Oil Spill Ruling

AP | MICHAEL KUNZELMAN | Posted 04.24.2012 | Green

NEW ORLEANS (AP) — A federal judge ruled Wednesday that BP PLC and one of its minority partners in the blown-out Macondo well are liable for civil p...

Bigger Payouts For BP's Investors

AP | ROBERT BARR | Posted 04.08.2012 | Business

LONDON — BP PLC has raised its quarterly dividend by 14 percent after posting double-digit gains in profit and revenue in the last three months ...

BP Cited For 5 More Alleged Violations Related To Blown-Out Well

AP | HOLBROOK MOHR | Posted 02.06.2012 | Green

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BP Plans Alaska Arctic Drilling In 2013

AP | BECKY BOHRER | Posted 05.25.2011 | Green

JUNEAU, Alaska — BP PLC estimates that it could begin producing oil off Alaska's coast in 2013, despite the fact that construction of the massiv...

Judge: Spill Claims Czar Not Independent Of BP

AP | HARRY R. WEBER and BRIAN SKOLOFF | Posted 05.25.2011 | Green

NEW ORLEANS — The administrator of the $20 billion compensation fund for Gulf oil spill victims is not independent from BP and must stop telling...

Eskimo Family Beats BP

Posted 05.25.2011 | Green

ANCHORAGE, Alaska (AP) -- BP PLC has closed a small portion of the Prudhoe Bay oil field following a judge's ruling that federal regulators didn't get...

Gulf Oil Spill Report: BP Ignored Warning Signs

AP | DINA CAPPIELLO | Posted 05.25.2011 | Green

WASHINGTON — BP and its contractors missed and ignored warning signs before to the massive oil well blowout in the Gulf of Mexico, showing an "i...

Ousted CEO Admits BP Unprepared For Gulf Oil Spill: 'We Were Making It Up Day To Day'

AP | JILL LAWLESS | Posted 05.25.2011 | Green

LONDON — Former BP PLC chief Tony Hayward has acknowledged that the company was unprepared for the disastrous Gulf of Mexico oil spill and the m...

Bumpy Start To BP Fund Puzzles Gulf

Wall Street Journal | Posted 05.25.2011 | Green

The last Saturday night in September, Timothy Farris shut down his Godfather's Pizza restaurant here in this small Gulf Coast beach town, a victim, he...

Risks Remain With Gulf Well Cap Coming Off

Posted 05.25.2011 | Green

NEW ORLEANS (Associated Press) - The image of thick crude gushing from a blown-out oil well a mile beneath the Gulf of Mexico was turned off when a ti...

Deepwater Drilling Ban Costs 23,000 Oil Jobs

Posted 05.25.2011 | Business

WASHINGTON (Associated Press) - The deepwater drilling moratorium in the Gulf of Mexico costs at least 23,000 jobs, according to a federal document th...

BP Oil Spill Coverup: Fishermen Speak Up

The Daily Beast | Posted 05.25.2011 | Green

While officials claim most of the oil from America's worst-ever spill has disappeared, fishermen hired by BP are still finding tar balls--and being in...

OIL DOESN'T JUST DISAPPEAR: University Study Contradicts Government Estimates, Up To 79% Could Remain

AP/Huffington Post | Posted 05.25.2011 | Green

A group of scientists say that most of that BP oil the government claimed was gone from the Gulf of Mexico is actually still there. The scientists be...

Blessing Of The Boats: Gulf Shrimpers Pray For Good Season Despite Oil

Posted 05.25.2011 | Green

THERIOT, La. (Associated Press) - Docked boats were bedecked with fluttering red, white and blue streamers and rainbows of balloons in a bayou-country...

As Oil Spill Cleanup Shifts Gears, Gulf Residents Fear They'll Be Forgotten

Washington Post | Posted 05.25.2011 | Green

Obama administration officials promised Sunday to remain focused on the Gulf Coast -- punishing BP for the worst oil spill in U.S. history, and cleani...

What The Oil-Rig Cook Saw: Corruption, Mostly

Politics Daily | Posted 05.25.2011 | Green

For 15 years, Dan Peterson worked as a cook on oil rigs off the coast of Louisiana. During much of that time Peterson lived on Grand Isle, the barrier...

BP: Static Kill Is Working, 'It's A Milestone'

Posted 05.25.2011 | Green

ON THE GULF OF MEXICO (Associated Press) - Mud that was forced down a blown-out well was holding down the flow of oil at the bottom of the Gulf of Mex...

Gulf Crews Prepare To Kill The Spill Permanently

Posted 05.25.2011 | Green

NEW ORLEANS (Associated Press) - The only thing keeping millions more gallons of oil out of the Gulf of Mexico right now is a rush job: an experimenta...

BP Stations Split Over Changing Name

AP | HARRY R. WEBER | Posted 05.25.2011 | Business

NEW ORLEANS — BP gas station owners across the country are divided over whether the oil giant stained by its handling of the Gulf spill should r...

Gulf Cleanup Will Change Once Oil Stops For Good

Posted 05.25.2011 | Green

NEW ORLEANS (Associated Press) - The government's point man for the Gulf spill plans to meet with coastal parish officials Thursday to talk about what...

BP: Tony Hayward OUT, Robert Dudley IN As CEO On October 1

AP | HARRY R. WEBER | Posted 05.25.2011 | Business

NEW ORLEANS — Battered BP began reinventing itself in the shadow of the Gulf of Mexico oil spill Tuesday, naming its first American CEO as it re...

BP: 'No Final Decision' On Replacing Tony Hayward

Posted 05.25.2011 | Business

LONDON (Associated Press) - BP PLC said Monday that "no final decision" has been made about management changes, which reportedly include the departure...