Transocean Pleads Guilty to Gulf Oil Spill and Agrees to Pay $1.4 Billion in Fines

January 3, 2013 by  
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The US Department of Justice announced today that Swiss company Transocean Ltd, the owner of the Deepwater Horizon rig that exploded and sank in 2010, has agreed to pay $1.4 billion for the oil spill that spewed millions of gallons of crude oil into the Gulf of Mexico . Under the settlement, the company will plead guilty to violating the Clean Water Act, and it will agree to pay $1 billion in civil penalties and $400 million in criminal fines. The announcement comes just six weeks after BP agreed to pay $4.5 billion in damages for the massive oil spill. Read the rest of Transocean Pleads Guilty to Gulf Oil Spill and Agrees to Pay $1.4 Billion in Fines Permalink | Add to del.icio.us | digg Post tags: BP , bp oil spill , deepwater horizon , Department of Justice , DoJ , environmental destruction , gulf of mexico , Gulf oil spill , gusher , oil spill , Transocean

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Transocean Pleads Guilty to Gulf Oil Spill and Agrees to Pay $1.4 Billion in Fines

Drilling in the Gulf of Mexico on the Rise as Oil Prices Continue to Climb

March 5, 2012 by  
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After the Deepwater Horizon oil spill in the Gulf of Mexico two years ago — which was the worst oil spill in the country’s history — President Barack Obama placed a moratorium on all new offshore drilling ventures to provide time to research safer drilling practices. That moratorium was lifted about a year ago, and now drilling is back in business and going strong. Some say that the amount of oil rigs in operation will soon surpass the number of rigs drilling before the accident. At the forefront of the new boom is our old friend British Petroleum, the company that is currently settling out of court with victims of the Deepwater Horizon disaster. BP currently has five oil rigs open and drilling in the Gulf, and it expect to have three more fired up and ready to go by the end of the year. Read the rest of Drilling in the Gulf of Mexico on the Rise as Oil Prices Continue to Climb Permalink | Add to del.icio.us | digg Post tags: bp oil spill , deepwater horizon oil spill , environmental impact of offshore oil drilling , gulf of mexico , Gulf oil spill , moratorium on offshore drilling , offshore oil drilling , offshore oil production , offshore oil rig , offshore oil rig risks , offshore oil risks , offshore oil well , oil rig , risk of oil spill , risks

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Drilling in the Gulf of Mexico on the Rise as Oil Prices Continue to Climb

BP Deepwater Horizon Gulf Oil Spill Trial Delayed One Week

February 27, 2012 by  
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The trial that will decide BP’s culpability in the Deepwater Horizon oil spill was set to begin in the US District Court in New Orleans today, but has been postponed to allow the oil company to continue to discuss settlements with plaintiffs in the case. Experts say the oil company faces up to $52 billion in fines and liabilities, making this case the largest corporate offense in history that requires a fine paid to the U.S. government. The disaster is sure to become one of the most expensive environmental disasters in history and the postponed trial is set to decide exactly how expensive it will be. The new start date is set for March 5th and the trial is expected to last at least two years. Read the rest of BP Deepwater Horizon Gulf Oil Spill Trial Delayed One Week Permalink | Add to del.icio.us | digg Post tags: bp oil spill , bp on trial , bp settlements , bp trial , deepwater horizon , deepwater horizon oil spill , environmental destruction , environmental disaster , gulf of mexico oil spill , Gulf oil spill , oil spill , worst oil spill in history

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BP Deepwater Horizon Gulf Oil Spill Trial Delayed One Week

New Emails Show BP Was Aware of Possibility of Oil Spill in Gulf But Kept it Secret

January 31, 2012 by  
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On Friday, as part of a federal investigation, BP released a series of internal e-mails sent directly after the Deepwater Horizon oil rig exploded and started to leak oil into the Gulf of Mexico that seem to reveal that the company knew just how disastrous the situation could be. The day of the spill, BP had an expert model the situation at the Deepwater Horizon well and the modeler came up with a possible leakage of 3.4 million gallons per day . BP managers then instructed everyone at the company who knew about the truth to keep quiet about this knowledge, all the while telling the public that they estimated a mere 42,000 gallons per day were leaking from the well. It seems that if BP had the gumption to just come out and tell the truth, the oil spill containment mission might have received the full gusto that it required. Read the rest of New Emails Show BP Was Aware of Possibility of Oil Spill in Gulf But Kept it Secret Permalink | Add to del.icio.us | digg Post tags: bp disaster , bp investigation , bp oil spill , bp oil spill failure , deepwater horizon , deepwater horizon investigation , deepwater horizon oil spill , deepwater horizon oil spill failure , gulf oil disaster , Gulf oil spill , gulf oil spill failure , gulf oil spill investigation

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New Emails Show BP Was Aware of Possibility of Oil Spill in Gulf But Kept it Secret

New Emails Show BP Was Aware of Possibility of Oil Spill in Gulf But Kept it Secret

January 31, 2012 by  
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On Friday, as part of a federal investigation, BP released a series of internal e-mails sent directly after the Deepwater Horizon oil rig exploded and started to leak oil into the Gulf of Mexico that seem to reveal that the company knew just how disastrous the situation could be. The day of the spill, BP had an expert model the situation at the Deepwater Horizon well and the modeler came up with a possible leakage of 3.4 million gallons per day . BP managers then instructed everyone at the company who knew about the truth to keep quiet about this knowledge, all the while telling the public that they estimated a mere 42,000 gallons per day were leaking from the well. It seems that if BP had the gumption to just come out and tell the truth, the oil spill containment mission might have received the full gusto that it required. Read the rest of New Emails Show BP Was Aware of Possibility of Oil Spill in Gulf But Kept it Secret Permalink | Add to del.icio.us | digg Post tags: bp disaster , bp investigation , bp oil spill , bp oil spill failure , deepwater horizon , deepwater horizon investigation , deepwater horizon oil spill , deepwater horizon oil spill failure , gulf oil disaster , Gulf oil spill , gulf oil spill failure , gulf oil spill investigation

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New Emails Show BP Was Aware of Possibility of Oil Spill in Gulf But Kept it Secret

BP Under Investigation for Lying About Gulf Spill Size (Video)

August 22, 2011 by  
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The US Department of Justice is currently investigating the oil giant BP for charges that it repeatedly and deliberately sought to mislead both the public and the government about the size of the spill caused by the explosion on the Deepwa… Read the full story on TreeHugger

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BP Under Investigation for Lying About Gulf Spill Size (Video)

BP Pipeline Spills Oil Onto Alaskan Tundra

July 18, 2011 by  
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Photo credit: Ryan McFarland via Zieak /CC BY BP can’t seem to get enough of letting oil loose. It must be quite a rush — dumping toxic liquids on pristine environments, all the explosions, breaking records for the largest offshore oil disaster in American history. Whooo-weee! The latest, a spill resulting from a leak in BP’s Alaska pipeline, is no Gulf spill, to be sure. But it’s a reminder that where companies drill and transport oil — especially notoriously reckless companies like BP — that oil has a habit of spilling …… Read the full story on TreeHugger

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BP Pipeline Spills Oil Onto Alaskan Tundra

Forests Soak Up Tons Of Fossil Fuel Emissions, But Deforestation Releases Even More Than Thought

July 18, 2011 by  
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photo: Damien HR / Creative Commons Another study showing us how valuable forests are (among their myriad other values) for soaking up carbon emissions: According to the new research in Science the world’s forests absorb 1.1 billion tons of carbon each year, equal to 13% of all the emissions from burning fossil fuels…. Read the full story on TreeHugger

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Forests Soak Up Tons Of Fossil Fuel Emissions, But Deforestation Releases Even More Than Thought

GOP Launches Push to Expand Offshore Drilling

May 3, 2011 by  
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Photo: US Coast Guard Remember that epic disaster that killed 11 people, soiled miles of coastline around the Gulf of Mexico, wiped out thousands of jobs, damaged the ecosystem there in ways that we’re only just beginning to understand, and made residents from Louisiana to Florida sick? If you do, perhaps you should remind your Republican congressman — because it doesn’t seem like he does. See, the GOP is pushing three different bills that seek not only to expand the area permitted for offshore drilling, but — and I’m not kid..

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GOP Launches Push to Expand Offshore Drilling

Take a Look at How Deep the BP Spill’s Impact Goes With NRDC’s Interactive Graphic

April 22, 2011 by  
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As we all know, there’s more to the BP spill than meets the eye. The extent of the damage wasn’t just the thousands of birds that got oiled — it goes much deeper.

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Take a Look at How Deep the BP Spill’s Impact Goes With NRDC’s Interactive Graphic

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