Gulf of Mexico
The federal government’s first auction of offshore petroleum leases in the same area where the Deepwater Horizon exploded in 2010 brought in $1.7 billion in winning bids Wednesday.
The federal government is set to sell off oil and natural gas leases in the central Gulf of Mexico — off the coasts of Louisiana, Mississippi and Alabama.
Over 120 dolphins have turned up stranded in Texas since last fall, and researchers do not know why. Experts are looking at the BP oil spill and an algae bloom as possible causes.
When the National Hurricane Center’s new director was growing up on the Florida and Texas coasts, storms frightened him. Now, Rick Knabb understands storms much better.
Two Hollywood stars could spend the next two weeks in a New Orleans courtroom rather than on camera, on opposing sides in a real-life legal drama.
A judge has outlined a new structure for a trial of Gulf oil spill claims that wouldn’t be resolved by a proposed class-action settlement between BP and a team of attorneys.
Gloom infects the hard-working shrimp and crab docks of gritty fishing towns in Louisiana, as the second full year of fishing since BP’s catastrophic oil spill kicks into high gear.
A judge said that he is leaning in favor of granting approval to a class-action settlement that would resolve billions of dollars in claims against BP over the 2010 oil spill in the Gulf of Mexico.
A judge is set to preside over a hearing on a class-action settlement that would resolve billions of dollars in claims against BP over the 2010 Gulf oil spill.
BP and a team of attorneys have presented a settlement to resolve economic damage claims from the 2010 oil spill in the Gulf of Mexico.
On the cusp of trial over the catastrophic 2010 oil spill in the Gulf of Mexico, phalanxes of lawyers, executives and public officials have spent the waning days in settlement talks. Holed up in small groups inside law offices, war rooms and hotel suites in New Orleans and Washington, they are trying to put a number on what BP and its partners in the doomed Macondo well project should pay to make up for the worst offshore spill in U.S. history.
BP said it was “in their mutual best interests, and the agreement is not an admission of liability by either party.” The companies are dropping all claims against one another, they said.