Deepwater Horizon: BP pledges to ‘never forget the lives lost, nor the damage caused’
Energy giant BP has said it will “never forget the 11 people who lost their lives, nor the damage caused” in the Deepwater Horizon disaster exactly 10 years ago.
Macondo
Deepwater Horizon: North Sea was forced to ‘sharpen up’ in wake of Gulf of Mexico disaster
The Deepwater Horizon disaster forced the UK North Sea to “sharpen up its act”, reminding the sector of the “consequences of getting things wrong”, according to industry leaders.
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.
Enbridge Agrees to Spend $172 Million for 2010 Oil Spill
Enbridge Inc. will spend $172 million paying fines and boosting safety across its pipeline operations in a deal with the Justice Department resolving Clean Water Act violations connected to its 2010 oil spill near Marshall, Michigan.
BP to pay $175m to shareholders ‘misled’ over 2010 oil spill
BP has said it will pay out $175million to investors over claims that the oil giant’s management misled them about the severity of the 2010 Gulf of Mexico oil spill.
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.
Shell shuts in wells after Gulf of Mexico oil spill
A 2,100-barrel oil spill in the US Gulf of Mexico forced Shell to shut in all wells that flow to its Brutus platform.
Scientists crack code of oil guzzling bacteria
Cleaning up after the next major oil spill could be made easier thanks to scientists at Heriot-Watt University who have cracked the genetic code of marine bacteria that helped "eat" the crude spilled from the Macondo disaster in the Gulf of Mexico.
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.
US Supreme Court knocks back shareholders appeal
BP has been handed a victory after the US Supreme Court pushed back an attempt by shareholders to revive a class action lawsuit against the oil major in relation to the 2010 Gulf of Mexico 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.
Lawyer sends BP execs lotto tickets to help pay out oil spill claims
A Houston lawyer has sent the senior management team of oil major BP in a US lottery tickets for an upcoming draw with a record jackpot prize of $1.4billion in the hope of reimbursing Macondo oil spill claimants. In a letter to the company, Coon said he represents “several thousand clients” who have filed claims against BP following the 2010 Macondo Gulf of Mexico oil spill.
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.
Anadarko ordered to pay $159.5million for 2010 Gulf spill
Anadarko Petroleum Corp. was ordered to pay almost $160 million for its role as part-owner of the doomed Gulf of Mexico well that in 2010 caused the biggest offshore oil spill in U.S. history.
Study finds oil from BP spill could still be on sea floor
A chemical used to help clean-up BP’s oil spill off the Gulf of Mexico may not have helped get rid of the slick caused by the 2010 incident. A study found half of the oil could still be on the sea floor even after a chemical dispersant called Corexit 9500 was applied in a bid to dissipate the oil. It was also used to try and help aid natural microbes in the water to eat the oil at a quicker rate.
Ex-BP engineer avoids prison in plea tied to 2010 Gulf oil spill
A former BP Plc engineer pleaded guilty to deleting text messages in what the US said was an attempt to hide spill rate estimates during the biggest offshore oil disaster in US history. Kurt Mix faced as long as 20 years in prison if convicted at trial. Instead, he was sentenced to probation and community service Friday as part of a plea deal with federal prosecutors. Mix was the first of four men charged with crimes tied to the 2010 catastrophe and its aftermath.
Public perception will be key in innovation of new deepwater technologies
Public confidence in technologies being used in deepwater will be one of the key components to the success of the Subsea Systems Institute (SSI), according to its director. The institution was set up earlier this year with funding from the RESTORE Act on the back of the Deepwater Horizon disaster in 2010. The federal statute was signed into law by President Barack Obama in 2012 after the incident which killed 11 workers and caused significant environmental, ecological and economic damage in the Gulf of Mexico.
The $12billion reason BP isn’t worried about a hostile deal
Oil giant BP Plc, which was said to be readying defenses for potential takeover offers, has a little- known ace in the hole: a disclaimer in its Macondo spill settlement that could tack $12.6 billion onto the price tag. A potential buyer might be forced to accelerate the payment of as much as two-thirds of the $18.7 billion in penalties the company agreed to pay the U.S. and several states, according to company filings. As it stands, BP has more than 15 years. An option that gives the federal government and some states the ability to demand faster payment in a takeover effectively hands them a veto over any deal. Together with the company’s exposure to Russia amid sanctions and the worst oil crash in decades, it amounts to a powerful deterrent to suitors, said William Arnold, a former banker and executive at Royal Dutch Shell Plc.
Offshore Europe 2015:Deepwater subsea oil spill response ; a dangerous dilemma
I travelled to Houston just days after the Macondo blowout; not to join the media horde that was out to pillory BP and its chief executive of that time, Tony Hayward, but to attend OTC. Needless to say, the 2010 show became dominated by the disaster as vitriol spilled forth via a host of news media bent on crucifying “Briddish Petroleum”. The industry was in shock ... absolutely caught on the back foot; so were government agencies in charge of the US Gulf, notably the MMS (Minerals Management Service), which was rapidly dismantled and replaced by a new regulatory and safety system that included the Bureau of Ocean Energy Management. GoM operators came under massive pressure to get their act together and to develop adequate countermeasures. In July 2010, Shell, Chevron, ConocoPhillips and ExxonMobil committed to providing a deepwater containment response capability for the US Gulf.
Oil major BP in repayment bid over US Gulf of Mexico spill
Oil major BP has gone back to the US Circuit Court of Appeals in New Orleans in a bid to try and get back some of the money it has previously paid out to businesses. The company wants restitution for some of the cash it paid to businesses as part of a 2012 settlement.