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BP again fighting $11 billion fine from Gulf oil spill in court

BP’s lawyers will fight attempts to fine the oil giant up to $18 billion (£11.1bn) over the 2010 Deepwater Horizon disaster, when a new trial opens in New Orleans on Monday. The latest legal battle revolves around the company’s efforts to cap its runaway well, and the amount of oil…

Heavy rain and floods expected as Tropical Storm Ingrid forms in Gulf of Mexico

Tropical Storm Ingrid formed off Mexico’s eastern coast on Friday, threatening to trigger floods and landslides in mountain regions, forecasters said. Ingrid was producing maximum sustained winds of 75 kilometers per hour (45 miles per hour) as it churned over the Gulf of Mexico, some 95 kilometers (60 miles) east…

Shell presses ahead with world’s deepest offshore oil well

Royal Dutch Shell is pressing ahead with the world’s deepest offshore oil and gas production facility by drilling almost two miles underwater in the politically sensitive Gulf of Mexico. The move is being viewed in the oil industry as a demonstration of Shell’s confidence that its technology can deliver returns…

U.S. to propose $16 billion Gulf spill settlement with BP: WSJ

US authorities plan to propose a $16 billion settlement to British energy giant BP for civil claims related to the disastrous 2010 oil spill in the Gulf of Mexico, The Wall Street Journal said. Citing people familiar with the discussions, the newspaper said late Friday that the settlement would cover…

Activists press for additional $25 billion in fines against BP over Gulf oil spill

BP should be on the hook for an additional $25bn to restore environmental damage from the Gulf of Mexico oil disaster, even if the company is hit with a record-breaking $17.6bn in fines at a civil trial next week, campaign groups said on Thursday. BP will face the largest environmental…

BP discussing $14 billion settlement

BP and lawyers for individuals and companies claiming damages from the massive 2010 Gulf of Mexico oil spill are discussing a possible $14 billion settlement, the Wall Street Journal reported Tuesday. The newspaper said the settlement, which could be announced Tuesday, would be paid out from what remains of a $20 billion compensation fund set up…

Louisiana Dem’s bill would rename Gulf of Mexico the ‘Gulf of America’

Updated, below — A Democratic state Representative from Louisiana has put forward an unusual proposal: renaming the Gulf of Mexico to “Gulf of America.” House Bill 150 (PDF), put forward by Rep. Steve Holland (D), was first spotted by the Best of New Orleans blog. It’s being considered by the…

BP gets $250 million from Gulf of Mexico subcontractor

British energy giant BP said on Friday it will receive $250 million (£161 million) from a subcontractor on the Gulf of Mexico oil well which blew out last year, using the money to cover its massive clean-up costs. BP said it reached agreement with Cameron International Corp., the designer and…

Not buying what they’re selling

There’s something deeply unsettling about the pressure on the news media to find upbeat angles when covering the disaster in the Gulf of Mexico. Since when do grown-ups refuse to believe that it’s possible that there’s no good news? We’re all quite aware that shitstorms of the worst sort are…

Friday Genius Ten “Hoping Without Much Hope” Edition

Today’s Genius Ten is about the theme of survival and recovery, which is something I know we are all hoping for when it comes to the Gulf of Mexico, even if prospects look bleak. This short song by Bikini Kill is just about that, with a fish reference to boot.…

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