JACKSON, Mississippi (AP) — Federal regulators on Wednesday cited BP PLC for a second set of alleged violations stemming from the 2010 well blowout that killed 11 rig workers and caused the worst offshore oil spill in U.S. history. (more)
A key federal report goes further than other investigations and puts ultimate responsibility on BP for the worst offshore oil spill in U.S. history and the deaths of 11 rig workers, especially regarding the cement seal that was put in place the day before the explosion that triggered the spill. (more)
(Reuters) – Unwelcome in the Gulf of Mexico since last year’s oil spill and now spurned by the political elite in Russia, BP is hamstrung in two key producing zones and needs new sources of growth and security of supply. (more)
(AP) LONDON – A new oil sheen has been spotted in the Gulf of Mexico, although energy company BP said Thursday the discovery had nothing to do with its operations and was far from the site of its disaster-hit Macondo well. (more)
Former BP CEO Tony Hayward is back in the news again and is being accused of even more insensitivity toward the victims of the 2010 BP oil spill. (more)
Earlier this week, Michael Bromwich, Director of the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) lashed out at critics of his agency’s dealings with offshore drilling permits since the BP oil spill last year. (more)
It’s almost exactly one year after the BP oil spill at the Macondo well, but according to a new CNN poll, most Americans support the expansion of offshore drilling. The poll, released Tuesday, reveals that 69 percent of the public favor increased drilling in domestic waters. (more)
NEW ORLEANS (AP) — A BP employee lost a laptop containing personal data belonging to thousands of Louisiana residents who filed claims for compensation after the Gulf oil spill, a company spokesman said Tuesday. (more)
The Gulf of Mexico could be largely recovered from the effects of the massive BP oil spill by 2014, the Obama administration’s point man in charge of the firm’s $20 billion victims’ compensation fund said Wednesday. (more)
BP will refocus its efforts on exploration in the developing world while continuing to shrink its overall footprint, including selling off half of its U.S. refining assets, CEO Bob Dudley said Tuesday. (more)
1.) Everybody wants something from Obama’s SOTU — For two weeks now, yammer-faces and pols have rattled off what they’d like from tonight’s State of the Union address. The only thing they haven’t asked for is the moon. In an interview with The Daily Caller, Democratic Sen. Mark Warner added his own demands to the growing list of things Obama must pay lip service to during his address. “What I hope he says – and I think this will make some folks on my side upset – even if he has an innovation and growth agenda … just growth alone isn’t going to get us out of this problem,” Warner said. “We’re going to have to take on the size and role of government” and “the stuff that’s popular” like entitlement and defense spending. “You’ve got to earn good faith by showing willingness to do spending cuts,” Warner said. “There is some value in short term cuts that will at least show that we’re serious about doing something.” Obama’s more likely to promise the moon. (more)
WASHINGTON—The U.S. Justice Department filed a civil oil-spill lawsuit Wednesday against a BP PLC unit and several other companies, the federal government’s first major legal action in the Gulf of Mexico disaster. (more)
The Daily Caller has learned CNBC reporter Matt Nesto will not have his contract renewed, which is up at the beginning of 2011. Were Nesto’s politics a factor in the network’s decision not to bring him back? (more)
The presidential panel investigating the BP Plc oil spill in the Gulf of Mexico has found no evidence so far that employees made decisions to put profit ahead of safety, Chief Counsel Fred Bartlit said today. (more)
Nov. 2 (Bloomberg) — BP Plc said profit fell 66 percent after taking a further charge of $7.7 billion related to the biggest oil spill in U.S. history. (more)
WASHINGTON—Halliburton Co. testing conducted before the BP PLC Gulf of Mexico oil spill showed that cement similar to that pumped into the blown-out well would be unstable, but there is no evidence that the contractor sounded alarms to BP, according to a presidential commission investigating the disaster. (more)
Texas Republican Rep. Joe Barton says he “was Tea Party when Tea Party wasn’t cool.” (more)
On Tuesday, the Obama administration finally announced the end of a politically motivated offshore drilling moratorium in the Gulf of Mexico. The drilling ban, originally scheduled to be lifted in November, has been the subject of a torrent of criticism from Gulf area residents and leadership. (more)
The Obama administration on Tuesday plans to announce that it is lifting the moratorium on deep-water oil drilling, after putting in place new rules intended to tighten safety. (more)
