NFL team loses fight against BP for $20m damages over Deepwater Horizon oil spill
An American football team has lost a legal fight against BP for damages following the 2010 Deepwater Horizon oil spill.
Deepwater Horizon
Addressing the offshore industry skills gap through legal education
Currently, more than a third of global oil and gas production comes from offshore fields. The exploration, development, construction, production, logistics, maintenance and decommissioning operations of these fields are carried out with maritime units, including offshore vessels, installations (fixed, floating and subsea) and pipelines. For many countries, the offshore industry is contributing significantly to the national and global economy.
BP profits should surge amid rising oil prices and declining growth
BP is expected to reveal a surge in annual profit this week, as higher crude prices and declining costs drive the oil giant’s recovery.
Updated: BP hit by another £1.2bn Deepwater spill charge
Oil giant BP has said it will book another £1.2billion charge from the Deepwater Horizon oil spill in 2010 as part of the settlement for the disaster.
Trump rolls back offshore safety rules brought in after BP oil spill
The Trump administration is rolling back offshore drilling rules put in place after the 2010 Deepwater Horizon disaster killed 11 workers and spewed millions of barrels of oil into the Gulf of Mexico.
Atlantic oil spill could repeat Deepwater Horizon ‘dirty blizzard’, study warns
A deepwater oil spill in the north-east Atlantic could be more complex and difficult to combat than the Deepwater Horizon incident, according to new research.
Supermajors signal return to Gulf of Mexico with US bidding war
The supermajors are signalling the oil industry's return to the Gulf of Mexico's deep waters.
BP results: more Deepwater Horizon damages to be paid this year
Energy giant BP expects to pay a large chunk of the remaining damages from the Gulf of Mexico's Macondo disaster this year.
Managing Deepwater crisis has helped in downturn, says Dudley
Managing the aftermath of the devastating Deepwater Horizon accident has better equipped BP to navigate in a downturn, its CEO has said.
BP slams Hollywood’s Deepwater Horizon blockbuster as inaccurate
BP has issued a harsh review of Hollywood's take on the infamous Deepwater Horizon tragedy.
Deepwater Horizon survivor in push to get survivor documentary made
An offshore worker in the US is looking to raise cash for a documentary with some of the surviving crew involved in the Deepwater Horizon disaster.
Video: ‘Deepwater Horizon’ film retraces stigma of US oil disaster
Just as memories of the 2010 Deepwater Horizon oil rig disaster were starting to fade from public consciousness, an action-heavy movie version is set to bring them back, front and center.
Total Deepwater Horizon cost comes to $60billion for BP
Oil giant BP last night drew a line under its liabilities for the fatal Deepwater Horizon disaster, estimating the total charges to have reached $61.6billion (£46.2million).
BP’s $520million Fair Fund now accepting Macando spill claims
BP's $525million Fair Fund is now open for claims from those affected by the Macondo oil spill disaster in 2010.
University scientists head to North Atlantic for oil spill study
Scientists from the University of Aberdeen heading for the North Atlantic to test a pioneering piece of research equipment that they believe will help improve how deep ocean ecosystems function and respond to a major oil spill.
Deepwater Horizon: tragedy, devastation and a bitter lesson learned
A federal judge in New Orleans has granted final approval to an estimated $20 billion (£14billion) settlement over the 2010 BP oil spill in the Gulf of Mexico.
US judge approves $20bn BP oil spill settlement
A federal judge in New Orleans has granted final approval to an estimated $20 billion (£14billion) settlement over the 2010 BP oil spill in the Gulf of Mexico.
Video: Deepwater Horizon disaster gets Hollywood treatment
The first trailer of the Deepwater Horizon film expected for release later this year has emerged.
BP rig engineer cleared of Deepwater Horizon negligence charge
A former BP rig engineer has been found not guilty of negligence that contributed to the 2010 Deepwater Horizon disaster.
EV Insights: Macondo’s bitter legacy lingers on
Five years on from the Deepwater Horizon disaster, the fallout from the world’s worst oil spill continued in 2015. Energy Voice looks back at some of the key developments that occurred this year.
Loren Steffy: The Deepwater Horizon case’s Potemkin village of prosecution finally crumbles
Perhaps the only thing more egregious than the prosecution of former BP engineer Kurt Mix was the way that prosecution ended: with a whimper so barely audible you may have missed it.
BP employees have Deepwater Horizon manslaughter charges dropped
Federal prosecutors dropped manslaughter charges against BP’s top two employees on the doomed oil rig that blew up in 2010, the latest setback for investigators probing the largest offshore oil spill in US history.
Offshore Europe 2015: New Plexus wellhead system “safe enough for the Arctic”
The developer of a new kind of wellhead that was designed following the Deepwater Horizon tragedy said it is safe enough to operate in the Arctic.
With options dwindling, BP seized a chance to settle oil spill case
In early May, with its legal options dwindling and investors impatient, BP saw a chance to negotiate what became a $18.7 billion settlement that ended five years of litigation over the worst offshore oil spill in U.S. history. An unexpected opportunity to secure a global deal that would wipe the slate clean of hundreds of claims and untold billions of dollar in penalties opened up when Chief Executive Bob Dudley met with Patrick Juneau, the lifelong Louisiana litigator who BP had panned for handing out "absurd" sums of money as part of a class settlement in 2012. The British giant was ready to bury the hatchet after years of acrimony over payouts, which had ballooned to more than $10 billion. It had bigger problems: unresolved claims by the federal government, five Gulf of Mexico states and hundreds of local municipalities stemming from Macondo well blowout.
BP says Deepwater Horizon deals are a “path for closure”
BP has reached agreements in principle to settle all US federal and state claims arising from the Deepwater Horizon accident and spill in 2010.