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Posts related to ‘Deepwater Horizon’

BP Reorganizing Production Operations — Reuters

Posted: November 23, 2012 at 8:49 am

Oil supermajor BP PLC (NYSE: BP) is reorganizing its oil and gas production operations for the second time since the explosion at its Macondo well in the Gulf of Mexico ...
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Update: BP Employees Charged with Manslaughter in Gulf Disaster

Posted: November 15, 2012 at 2:52 pm

In a press conference this afternoon, the U.S. Department of Justice said that two employees of BP plc (NYSE: BP) will be charged in a 23-count criminal indictment with manslaughter ...
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BP Slapped with Massive Fine and Pleads Guilty to 11 Felony Counts

Posted: November 15, 2012 at 12:16 pm

BP plc (NYSE: BP) has agreed to pay a total of $4.5 billion dollars and to plead guilty to 11 felony charges in a criminal case brought by the U.S. ...
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Update: BBC Reports BP Fine $3 Billion to $5 Billion

Posted: November 15, 2012 at 8:52 am

A report at the BBC claims the fine against BP PLC (NYSE: BP) in the settlement of criminal charges related to the explosion of the Deepwater Horizon in 2010 will ...
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A Record Fine on the Table for BP

Posted: November 15, 2012 at 7:28 am

The U.S. Department of Justice and BP PLC (NYSE: BP) have reportedly reached an agreement on the penalties the company will face related to the blowout of its Macondo well ...
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BP’s Miraculous Escape From Deepwater Horizon

Posted: October 18, 2011 at 6:11 am

Lost to some who saw the announcement that BP (NYSE: BP) had settled claims with Anadarko (NYSE: APC) over the Deepwater Horizon explosion and subsequent leak was the fact that the UK-based oil giant ...
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Serious New Regulatory Risks Arise for Oil Contractors (BP, RIG, HAL, CAM, SLB, BHI, NOV)

Posted: October 13, 2011 at 11:36 am

Responsibility is going to get spread around for the explosion of the Deepwater Horizon that killed 11 people and poured millions of barrels of oil into the Gulf of Mexico ...
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Fearing New Gulf of Mexico Oil Leak: Sheen Warning For Transocean (RIG, BP, XOM, CVX)

Posted: September 27, 2011 at 4:19 pm

Transocean Ltd. (NYSE: RIG) is likely going to be in the local nightly news reports all throughout the states in the Gulf of Mexico, whether it is justified or not.  The ...
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Schlumberger Earnings, Revenues Fall Short; BP Sues Halliburton (SLB, WFT, HAL, BHI, BP, RIG, CAM)

Posted: April 21, 2011 at 9:20 am

Bad weather in North America and Australia, political unrest in the Middle East and North Africa, and a slow return to drilling in the US Gulf of Mexico have all ...
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A New Oil Industry Safety Group Controlled By The Oil Industry

Posted: March 18, 2011 at 5:10 am

The main oil and gas industry trade association has set up a new safety division. Perhaps it will do better than ones created in the past. The Center for Offshore Safety ...
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BP’s Empty Apology

Posted: March 9, 2011 at 6:09 am

"Never apologize; It's a sign of weakness"--John Wayne, "She Wore A Yellow Ribbon" 1946 BP plc (NYSE: BP) CEO Bob Dudley said he was sorry about the oil spill that ...
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US Gulf of Mexico Opens for More Deepwater Drilling (NBL, ESV, HLX, NE, DO, RIG, CVX)

Posted: March 1, 2011 at 11:23 am

Two weeks ago, Federal Judge Martin Feldman told the Obama administration to act within 30 days on a number of drilling permits for the deepwater Gulf of Mexico. The Bureau ...
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Federal Judge Orders Action on Drilling Permits in US Gulf of Mexico (BP, ESV, CVX, COP, XOM, RDS-A, HLX)

Posted: February 18, 2011 at 10:35 am

Federal  Judge Martin Feldman has pushed the Obama administration to resume drilling in the Gulf of Mexico ever since late June 2010. That's when he first ruled against the moratorium ...
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Deepwater Commission: “Complex Systems Almost Always Fail In Complex Ways”

Posted: February 18, 2011 at 5:46 am

The seven members of The National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling might as well have stayed at home instead of venturing out to examine why the ...
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PR Twist of Fate: BP Could Get Back Billions (BP)

Posted: February 17, 2011 at 1:43 pm

Irony or Paradox?  BP plc (NYSE: BP) "could" potentially see far less liability from its Gulf of Mexico Deepwater Horizon disaster from 2010.  This almost seems impossible, yet here we ...
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