bp gulf oil spill

Deepwater Horizon Disaster: Five Years Later

April 22, 2015 by Ripudaman Malhotra

Five years ago the BP Deepwater Horizon (DWH) oil well in the Gulf of Mexico burst into flames following a blow out. Eleven workers died in the accident and 11 others were injured. Oil and gas gushed out for months from the broken pipe at the floor of the sea.[read more]

Court Ruling Could Require BP to Pay Billions in Fines for Gulf Oil Spill Restoration

September 12, 2014 by Frances Beinecke

BP Liability

A federal judge ruled last Thursday that BP acted with “gross negligence” in the 2010 Gulf of Mexico oil spill. This decision could result in the company paying an estimated $18 billion in fines. And the vast majority of that money must be spent on restoring the environment and coastal communities devastated by the spill.[read more]

BP Oil Spill Penalty Could Reach 15% of Company's Market Cap

September 8, 2014 by Jared Anderson

BP Spill Penalty

The United States District Court for the Eastern District of Louisiana found BP was grossly negligent with regard to the accident and its activities in conjunction with the Macondo well in the Gulf of Mexico. BP said it “strongly disagrees” with the finding and will immediately appeal.[read more]

New EU Offshore Drilling Rules Agreed

February 23, 2013 by Matthew Cook

Member states and MEPs struck a deal on new safety regulations for offshore oil and gas exploration and extraction in EU waters.[read more]

Ken Salazar to Vacate Interior Secretary Position in March

January 22, 2013 by Kristopher Settle

As the Obama administration sets off to begin its second term in office, they’ll have to start off without the services of a key inside member of the energy department in years past.Interior Secretary Ken Salazar has decided to step away from his position and return back to Colorado in March.  He served as Senator of the Centennial...[read more]

BP Employee Arrested For Destroying Evidence in Gulf Oil Disaster

April 25, 2012 by Joseph Romm

Federal prosecutors have issued the first arrest related to the worst oil disaster in U.S. history. The Justice Department has charged a former BP engineer with destroying evidence on BP’s internal response to the disaster.[read more]

Revulsion vs. Hard Choices

June 22, 2010 by Geoffrey Styles

I don't know anyone who could gaze at the images of oil-slimed pelicans, gulls, and sea turtles and not feel revulsion and regret. Yet beyond the urgent need to plug the gushing well, protect the coastline and fisheries, and restore the Gulf Coast environment as rapidly as possible, we cannot allow our entirely appropriate emotional...[read more]

Baseball Cap and Trade vs The BP Spillcam

June 4, 2010 by David Doniger

The big news yesterday was the heart-breaking story of Tiger pitcher Armando Galarraga’s almost Perfect Game. Galaragga was robbed of this ultimate achievement by an umpire’s blown call on what should have been the final out of yesterday’s game against the Cleveland Indians.  All the more poignant since the umpire, after seeing...[read more]

Obama Pivots on Gulf Disaster From Cleanup to Policy Action

June 3, 2010 by Keith Schneider

On June 2, a day before BP announced it had sheared through a leaking pipe at the bottom of the Gulf of Mexico, one of the very few steps forward in the company's 44-day campaign to staunch the worst oil disaster in American history, President Barack Obama finally stopped serving as the cleanup chief and became the commander in chief....[read more]