Friday, October 20, 2017
BP chairman Svanberg

Long-Time BP Chairman Svanberg to Retire

By Amanda Jordan (Bloomberg) — BP Plc said Chairman Carl-Henric Svanberg will retire after overseeing the London-based oil giant through some of the most tumultuous years in its history. Svanberg,...

October 20, 2017
Total Views: 1

Friday, March 11, 2016
Maritime News

BP Won’t Face Moratorium Claims Over Oil Spill, Judge Says

By Margaret Cronin Fisk and Laurel Brubaker Calkins (Bloomberg) — BP Plc won total dismissal of claims by energy and oilfield service companies for losses they blamed on the U.S....

March 11, 2016
Total Views: 8

Thursday, July 2, 2015
thunder horse platform
Offshore News

BP Settlement Leaves Oil Major Open to Growth… Or Takeover

BP's $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.

July 2, 2015
Total Views: 1


BP Pays Record $18.7 Billion to Settle Gulf Oil Spill Claims

BP Plc will pay a record $18.7 billion to resolve claims by the U.S. and five states along the Gulf of Mexico related to the 2010 oil spill.

July 2, 2015
Total Views: 1

Thursday, June 18, 2015
Maritime News

NASA Tests New Oil Spill Detection Equipment During Live Drill Off Norway

  Scientists from NASA joined in on Norway’s annual oil spill cleanup exercise in the North Sea this year to test out some new oil detection equipment that could significantly...

June 18, 2015
Total Views: 3

Sunday, June 7, 2015
gulf oil spill
Maritime News

Ex-BP Executive Acquitted of Lying About Size of 2010 Gulf Oil Spill

The highest-ranking BP Plc executive charged in the 2010 Gulf of Mexico oil spill was found not guilty of lying to investigators in a blow to prosecutors as the company awaits word on billions of dollars in potential fines for the disaster.

June 7, 2015
Total Views: 2

Tuesday, January 27, 2015
Maritime News

BP Witness Calls Spill Response ‘Extraordinary’ at Fines Trial

By Daniel Lawton and Margaret Cronin Fisk (Bloomberg) — BP Plc “conducted an extraordinarily effective response” to the 2010 Gulf of Mexico spill, the company’s first witness testified Monday as...

January 27, 2015
Total Views: 1

Friday, October 3, 2014
deepwater horizon disaster

BP Seeks Review of ‘Gross Negligence’ Ruling

By Margaret Cronin Fisk and Laurel Brubaker Calkins Oct. 3 (Bloomberg) — BP Plc asked the U.S. judge in charge of thousands of oil-spill damage lawsuits to review a ruling...

October 3, 2014
Total Views: 0

Tuesday, September 16, 2014
deepwater horizon disaster
Offshore News

BP Seeks Access to $750 Million Transocean Spill Insurance

BP Plc, which has paid more than $28 billion for the 2010 Gulf of Mexico oil spill, seeks to get $750 million of that back by convincing a Texas court that a missing comma allows the energy company access to Transocean Ltd.’s insurance policies on the doomed Deepwater Horizon rig.

September 16, 2014
Total Views: 15

Thursday, September 4, 2014
Offshore News

BP Found Grossly Negligent In 2010 Gulf Oil Spill

BP Plc acted with gross negligence in setting off the biggest offshore oil spill in U.S. history, a federal judge ruled, handing down a long-awaited decision that may force the energy company to pay billions of dollars more for the 2010 Gulf of Mexico disaster.

September 4, 2014
Total Views: 2

Friday, March 21, 2014

BP Partner Anadarko E-Mails Seen Showing Role in Doomed Well

Anadarko Petroleum Corp. officials urged BP Plc to drill deeper into the Gulf of Mexico well that caused the worst offshore oil spill in U.S. history even after BP warned that doing so would be unsafe.

March 21, 2014
Total Views: 41

Friday, March 14, 2014
Maritime News

BP Can Again Compete for U.S. Leases and Contracts After Spill

BP Plc won the right to again compete for U.S. contracts and new leases in the Gulf of Mexico, where its massive 2010 oil spill prompted regulators to bar it from new government business.

March 14, 2014
Total Views: 1

Wednesday, December 18, 2013
deepwater horizon disaster
Offshore News

Ex-BP Engineer Found Guilty for Destroying Gulf Spill Evidence

A former BP Plc senior engineer was found guilty of destroying evidence sought by the U.S. in a probe of the 2010 Gulf of Mexico well explosion and oil spill.

December 18, 2013
Total Views: 0

Monday, October 7, 2013
Offshore News

BP’s Macondo Well Dumped 4.2 Million Barrels Into Gulf, U.S. Says

BP Plc’s doomed Macondo well dumped 4.2 million barrels of oil into the Gulf of Mexico in 2010, a lawyer for the U.S. told a judge who is assessing the size of the spill and how well the company reacted to the disaster.

October 7, 2013
Total Views: 4

Thursday, October 3, 2013
bp top kill

BP’s Well Control Exec Says He Was Unprepared For U.S. Gulf Blowout

By Kathy Finn NEW ORLEANS, Oct 2 (Reuters) – BP’s manager in charge of controlling the Macondo blowout in 2010 was never trained to permanently plug a ruptured oil well...

October 3, 2013
Total Views: 7

Monday, September 30, 2013
Offshore News

BP Fights to Shrink Gulf Oil Spill Estimate

BP Plc, seeking to reduce potential water-pollution fines of as much as $18 billion, is trying to convince a judge that less oil spilled in the 2010 Gulf of Mexico disaster than the U.S. claims and that it capped the deep-sea gusher as quickly as possible.

September 30, 2013
Total Views: 9

Tuesday, July 9, 2013

Oil Spill Responders on Alert as Gulf of Mexico Platform Suffers Loss of Well Control [UPDATE]

Update: A statement from Talos Energy late Tuesday said that during operations yesterday to permanently plug and abandon their non-producing Ship Shoal 225 B-2 well, salt water containing a small...

July 9, 2013
Total Views: 7

Thursday, November 15, 2012

BP Reaches $4.5B Settlement with US DOJ, Pleads Guilty to 11 Felony Charges [UPDATE]

(Bloomberg) — BP Plc reached a settlement with the U.S. government for $4.5 billion that will end all criminal charges and resolve securities claims relating to the worst U.S. oil spill. The...

November 15, 2012
Total Views: 2

Friday, October 26, 2012
Offshore News

BP Oil Spill Trial Postponed by Mardi Gras and Football

(Bloomberg) — The trial over liability for BP Plc’s 2010 Gulf of Mexico oil spill was postponed to Feb. 25 so the lawyers won’t lose their accommodations to Super Bowl and Mardi Gras...

October 26, 2012
Total Views: 0

Thursday, October 25, 2012
Offshore News

BP Caps Abandoned Containment Dome in U.S. Gulf

BP said Thursday that it has capped the abandoned containment dome, or cofferdam, that was identified last week as the source of a recent oil sheen spotted in the Gulf...

October 25, 2012
Total Views: 1