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BP court move to halt Gulf payouts

2013-09-24 09:23:14| BBC News | Business | UK Edition

UK oil giant BP asks a US court to halt payments from its settlement deal over the 2010 Gulf of Mexico oil spill, over fraud fears.

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BP seeks to have Gulf Coast oil spill settlement payments suspended

2013-09-23 23:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: BP on Monday renewed its request for a federal judge to temporarily suspend settlement payments to Gulf Coast residents and businesses affected by the 2010 Deepwater Horizon oil spill, citing a scathing report on alleged misconduct within the court-supervised program. In a court filing, BP attorneys said the report, issued earlier this month by the former FBI director Louis Freeh, shows the settlement program is plagued by problems that need to be fixed. US district judge Carl Barbier has already...

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Will Court Decision on Gulf Dead Zone Reduce Dangerous Algae Growth in American Waters?

2013-09-23 22:41:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: The U.S. District Court in Eastern Louisiana ordered the U.S. Environmental Protection Agency (EPA) on Friday to determine within six months whether to set new limits on the pollution that is fueling the dangerous algae growth choking the waters throughout the Mississippi River basin, the Gulf of Mexico and waters across the country. For too long, the EPA has stood on the sidelines while our nations waters slowly choke on algae, said Natural Resources Defense Council (NRDC) Senior Attorney...

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Energy XXI Gulf Coast Launches Debt Offering

2013-09-23 18:10:00| OGI

Net proceeds will be used to repay indebtedness outstanding under its revolving credit facility.

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Halliburton pleads guilty to destroying Gulf spill...

2013-09-20 10:57:59| Energy - Topix.net

Halliburton Co pleaded guilty on Thursday to federal charges of destroying evidence, stemming from its role in the 2010 BP oil disaster that killed 11 men and sent more than 4 million barrels of oil spewing into the Gulf of Mexico.

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