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Tag Archives: Deepwater Horizon

New indictment against ex-BP exec

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NEW ORLEANS (AP) — A federal grand jury has issued a new indictment against a former BP executive charged with obstructing a congressional investigation into the 2010 Gulf of Mexico oil spill. Friday’s superseding indictment makes adjustments to existing obstruction of Congress and false statement charges against David Rainey, who faces a March 9 trial. It follows months of appeals ...

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U.K. criticizes heavy fines on BP

Marissa Hall | Shale Plays Media BP is fighting what looks to be a losing battle in the U.S. judicial system over the Deepwater Horizon spill of 2010, but the company now has the support of the government in the United Kingdom where BP is based. U.S. District Court Judge Carl Barbier named BP grossly negligent last week for the ...

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Beachfront cleanup injunction gets mixed response

Marissa Hall | Shale Plays Media A magistrate judge has recommended to U.S. District Judge Carl Barbier to deny an injunction filed by the Wisner Donation trust fund against BP for allegedly violating the terms of an agreement between the two parties. Barbier, the same judge to name BP grossly negligent for the events of the Deepwater Horizon, appointed Judge ...

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BP ruling raises liability stakes for high-risk industries

Mica Rosenberg | Reuters NEW YORK – A U.S. court ruling that dramatically ramped up BP Plc’s potential penalties for the 2010 Gulf oil spill could create new liability risks not just for deep water drillers but also for other industries like mining and nuclear power generation. U.S. District Judge Carl Barbier in New Orleans, Louisiana, on Thursday found that ...

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Gulf of Mexico residents hail ruling against BP

Michael Kunzelman and Janet McConnaughey | The Associated Press NEW ORLEANS — Environmentalists, recreational fishermen and people who make their living on the Gulf of Mexico are hailing a federal judge’s ruling that could mean $18 billion in additional fines for BP over the nation’s worst offshore oil spill. Lisa Smith cheered and gave an emphatic “yes” Thursday afternoon when ...

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Judge: BP’s reckless conduct caused Gulf oil spill

Michael Kunzelman | The Associated Press NEW ORLEANS — BP bears the majority of responsibility among the companies involved in the nation’s worst offshore oil spill, a federal judge ruled Thursday, citing the energy giant’s reckless conduct in a ruling that exposes the company to billions of dollars in penalties. BP PLC already has agreed to pay billions of dollars ...

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