HOUSTON (Reuters) - BP Plc asked a U.S. court on Tuesday to fire the court-appointed lawyer tasked with paying out compensation to people affected by the 2010 Gulf of Mexico oil spill, saying Patrick Juneau had not disclosed an alleged conflict of interest before taking the job. Show More Summary
To reduce the number of giant bluefin tuna killed by fishing fleets, the U.S. is putting out new rules about commercial fishing in the Gulf of Mexico and parts of the western Atlantic.
Halliburton announced Tuesday that it has reached a $1.1 billion settlement over the Deepwater Horizon oil spill in the Gulf of Mexico. The settlement will cover damage claims from property holders as well as from commercial fisheries that were affected by the spill. Show More Summary
In an article in the September issue of BioScience, Samantha Joye and colleagues describe Gulf of Mexico microbial communities in the aftermath of the 2010 Macondo blowout. The authors describe revealing population-level responses of hydrocarbon-degrading microbes to the unprecedented deepwater oil plume. read more
Nine years ago today — on August 29, 2005 — the landfall of one of the most powerful hurricanes in recorded history occurred on the coast of the Gulf of Mexico in the United States. With property damage estimated at $108 billion, Hurricane...Show More Summary
The deal will pay off damage claims from property holders and commercial fisheries affected by the Deepwater Horizon disaster
Company reaches settlement for role in Gulf of Mexico oil spill, the largest offshore spill in US history.
Halliburton Co said it reached a $1.1 billion settlement for a majority of claims against the company for its role in the BP oil spill in the Gulf of Mexico in 2010.
New York (AFP) - Oil services company Halliburton said Monday it would pay a $1.1 billion settlement over its role in the 2010 Gulf of Mexico oil rig blowout that led to the United States' worst-ever oil spill.
(Reuters) - Halliburton Co said it reached a $1.1 billion settlement for a majority of claims against the company for its role in the BP oil spill in the Gulf of Mexico in 2010. The settlement, which includes legal fees, is subject to approval by the U.S. Show More Summary
By Michael Fitzsimmons: With the exception of its Angola LNG operations, Chevron (NYSE:CVX) turned in a solid first-half of 2014. The stock is undervalued: its P/E is significantly below the average S&P500 stock while its dividend yield is significantly above the average yield. Show More Summary
The Gulf of Mexico’s relatively uncharted Lower Tertiary, or Paleocene, geological trend could hold immense quantities of oil.
Over a period of 80 years, 2,000 square miles of Louisiana coastal land has been covered by water, and scientists predict an increase in the rate of Louisiana land lost to the Gulf of Mexico in the future. The National Oceanic and Atmospheric...Show More Summary
In the summer of 2004, Hurricane Charley roared out of the Gulf of Mexico and swept across Florida to the Atlantic Ocean. The storm claimed twenty-two lives and caused $11 billion in damage. It also left in its wake a debate about price gouging. - From Justice: What's the Right Thing to Do? by Michael J. Sandel
It sounds like a bad idea because it probably is
On August 24, 2005, a tropical storm is given the name Katrina. It hits Florida and after growing in the Gulf of Mexico, Hurricane Katrina makes landfall 60 miles southeast of New Orleans on the morning of August 29th. (Video from National...Show More Summary
In little-noticed news arising out of a recent Gulf of Mexico offshore oil and gas lease held by the U.S. Department of Interior's Bureau of Ocean Energy Management, the floodgates have opened for Gulf offshore hydraulic fracturing (“fracking”). With...Show More Summary
If you compare a map of the Louisiana coastline in the 1920s to today, the difference is striking. About 1,883 square miles of land has just disappeared — swallowed into the Gulf of Mexico. And each year Louisiana loses more. In fact, roughly a football field's worth of land is lost every hour. Read more...
Chevron’s leading positions in the Gulf of Mexico, shale/tight oil, and LNG should drive peer-leading growth in the years ahead.
Three crewmembers of a shrimping boat were forced to abandon ship into a life raft following a collision with a supply vessel Sunday night in the Gulf of Mexico. The post Three Rescued After Supply Vessel and Shrimping Boat Collide appeared first on gCaptain Maritime & Offshore News.