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Federal appeals court says British Petroleum must face fines for gulf oil spill

By Jessica Dye (Reuters) – A U.S. appeals court on Wednesday said BP Plc and Anadarko Petroleum Corp must face penalties under federal pollution laws in connection with the 2010 Gulf of Mexico oil spill, which could expose the companies to billions of dollars in potential fines. The 5th U.S.…

Release of key BP oil spill report expected soon

WASHINGTON (Reuters) – The results of a pivotal federal U.S. probe of last year’s massive BP oil spill could be released as early as Wednesday, according to a source familiar with the matter. The final report from U.S. Coast Guard and Bureau of Ocean Energy Management(BOEM) investigators has been heavily anticipated by investors eager for clues…

Oil firms start U.S. Gulf evacuations due to weather

HOUSTON (Reuters) – BP Plc on Wednesday became the first major oil producer to say it was evacuating some workers from Gulf of Mexico oil and gas platforms because of a tropical disturbance that could become a named storm this week. Later on Wednesday, Anadarko Petroleum Corp joined BP saying…

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