Gulf Of Mexico

Child well-being in an unpredictable world

The report presents a mixed picture. Over the past 25 years, there have been notable improvements in child well-being in the group of countries examined in this report: steady decline in child mortality, overall reduction in adolescent suicide and increase in school completion rates. But the last five years have …

BP may be takeover target after settling oil spill for US$18.7b

BP’S US$18.7 billion settlement over the 2010 Gulf of Mexico spill draws a line under years of uncertainty to allow it to focus once again on growth but could make it an acquisition target. The British energy giant, whose shares are still some 35 percent below their value before the …

BP reaches $18.7 billion settlement over deadly 2010 spill

BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history. The agreement adds to the $43.8 billion that BP …

Dolphin die-off in Gulf of Mexico spurred by BP oil spill: scientists

A record dolphin die-off in the northern Gulf of Mexico was caused by the largest oil spill in U.S. history, researchers said on Wednesday, citing a new study that found many of the dolphins died with rare lesions linked to petroleum exposure. Scientists said the study of dead dolphins tissue …

Feds eye giving endangered status to Gulf whale species

With as few as about a dozen of the mammals left, federal regulators say a unique species of baleen whales in the Gulf of Mexico about 70 miles off the Florida Panhandle may be threatened with extinction and could get special protection from federal regulators. In April, the National Marine …

Payout from BP oil spill settlement tops $5 bln

The administrator overseeing a BP Plc fund to compensate people and businesses claiming they were harmed by the 2010 Gulf of Mexico oil spill said on Wednesday more than $5 billion has been paid out. A total of $5.037 billion has been paid to 62,162 claimants, the administrator, Patrick Juneau, …

Pemex Oil Platform Fire Kills At Least 4, Injures Dozens In Gulf Of Mexico

At least four people died after a fire broke out on a Pemex oil processing platform in the Gulf of Mexico early on Wednesday, leading to the evacuation of 302 workers, the Mexican state-run oil company said. The fire, which burned throughout the day, erupted overnight on the Abkatun Permanente …

New Hurricane Forecast Method Beats Other Models by Staggering 23 Percent

There may be a new and better method for predicting the number of hurricanes in an upcoming season. Scientists have created a new model that improves on the accuracy of seasonal hurricane forecasts for the North Atlantic and the Gulf of Mexico by an impressive 23 percent. Hurricanes can be …

Five Years After the Deepwater Horizon Oil Spill, Gulf Wildlife is Still Suffering

It's been almost five years since the Deepwater Horizon oil rig exploding, sending gallons upon gallons of oil into the Gulf of Mexico. Now, scientists have assessed the wildlife in the Gulf, and have found that it's still suffering from the oil spill. "Five years later, wildlife in the Gulf …

Court upholds dismissal of manslaughter charges against BP employees

A federal appeals court upheld a district judge's decision to drop manslaughter charges against two former BP Plc (BP.L) well site managers over their roles in the 2010 Gulf of Mexico oil drilling disaster that killed 11 people. Robert Kaluza and Donald Vidrine were the two highest-ranking supervisors on board …

BP labours to cast doubt on Gulf spill study it dislikes

Global oil giant BP has apologised again and again for the 2010 Gulf of Mexico oil spill. But lately, the company has been sounding less remorseful. Take a look at "The Whole Story." It's a web page operated by the London-based company that regularly addresses what BP calls "misinformation" about …

Gulf of Mexico Turns Deadly for Dolphins

Since February 2010, 1,308 dead or dying marine mammals — mostly bottlenose dolphins, including juveniles or aborted fetuses — have washed ashore on beaches and wetlands from Texas to Florida, or have been discovered floating in the Gulf’s murky waters. In some months, the numbers of stranded dolphins in Louisiana, …

BP appeals U.S. judge's ruling on size of Gulf oil spill

BP Plc on Monday appealed a federal judge's finding of the size of the 2010 Gulf of Mexico oil spill, which leaves the company potentially liable to pay $13.7 billion in fines. In January, U.S. District Judge Carl Barbier in New Orleans ruled that 3.19 million barrels of oil had …

Anadarko Official Says Company Didn’t Pay for Spill Cleanup

Anadarko Petroleum Corp. didn’t pay any response or cleanup costs for the 2010 Gulf of Mexico oil spill, a witness for the company told a judge in a trial to determine pollution fines for the disaster. That may undermine Anadarko’s argument that it shouldn’t be fined for the spill, while …

BP sells off Gulf of Mexico stakes to raise cash and reduce risk

Oil company has sold assets worth more than $40bn to pay for fines and liabilities from the 2010 Deepwater Horizon oil spill BP is selling off a stake in two promising discoveries in the Gulf of Mexico and transferring their operation to a US group in its latest attempt to …

Past And Future Effects Of Oil Spill Argued In BP Penalty Trial

NEW ORLEANS (AP) — Environmental researchers and BP attorneys sparred Wednesday over the potential effects of the 2010 Gulf oil spill in a trial aimed at determining whether the oil giant should be made to pay some $13.7 billion in Clean Water Act penalties. A government witness, Dr. Stanley Rice, …

BP asks for lower fine in penalty phase of Gulf spill trial

BP Plc, citing low oil prices, tried to whittle away at $13.7 billion in potential fines under the Clean Water Act on Tuesday as the penalty phase started in its trial over the 2010 Gulf of Mexico oil spill. BP said its fine should be modest as it took extensive …

Final reckoning looms for BP in Deepwater Horizon case

Five years after the Gulf of Mexico disaster, oil company faces a fine of up to $13.7bn as Judge Carl Barbier begins assessment This Tuesday, close to five years after an explosion on the Deepwater Horizon oil rig claimed 11 lives and poured millions of barrels of oil into the …

Fallout plume of submerged oil from Deepwater Horizon

Following the sinking of the Deepwater Horizon in the Gulf of Mexico an unprecedented quantity of oil irrupted into the ocean at a depth of 1.5 km. The novelty of this event makes the oil’s subsequent fate in the deep ocean difficult to predict. This work identifies a fallout plume …

BP Seeking Payment Reversals May Reignite Damages Fight

BP Plc (BP/) is seeking to undo payments to some victims of the 2010 Gulf of Mexico spill in a move opposing lawyers warn could open the floodgates to challenging hundreds of thousands of individual damage-claim awards. BP, which is struggling to hold down the estimated $9.2 billion cost of …

Chevron Shuts Gas Pipeline After Accident

Chevron CVX -0.94% Pipe Line Co. has shut down a natural-gas pipeline that feeds Gulf of Mexico production to the Henry Hub storage and delivery point in Louisiana in the wake of a deadly accident. A contract worker performing routine maintenance on an offshore gas pipeline was killed Saturday and …

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