BP plc and Anadarko Petroleum Corp. may not avoid federal fines by claiming another company’s equipment caused the 2010 Macondo blowout disaster in the Gulf of Mexico, a New Orleans three-judge panel ruled Wednesday.
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Articles from Blowout
BP Pledges $10B More Asset Sales Through 2015
A pledge to sell $10 billion more in assets by the end of 2015 and increase its quarterly dividend excited BP plc shareholders Tuesday, sending the stock price up nearly 5% for the day.
October 29, 2013
Phase Two of BP Trial Underway
The second phase of the multi-district litigation (MDL) against BP plc concerning the Macondo well blowout got underway Monday in New Orleans, with lawyers battling it over the amount of oil spilled into the Gulf of Mexico for 87 days beginning April 20, 2010.
October 1, 2013
Set Standards Before Drilling in U.S. Arctic Ocean, Says Pew
The search for natural gas and oil in ever more remote regions is drawing more prospectors to the U.S. Arctic Ocean, which includes Alaska waters, but there aren’t enough safeguards in place to ensure accidents can be managed, according to The Pew Charitable Trusts.
September 24, 2013
BP Sues to Lift Federal Contract Suspension
BP plc has sued the U.S. government to overturn a suspension from federal contracts for most of its entities, including the exploration and production (E&P) arm.
August 19, 2013
BP Launches Fraud Hotline as Claims Mount
BP plc last week launched a Gulf Claims Fraud Hotline “to help protect the integrity of the claims processes” related to the 2010 Macondo well blowout and Deepwater Horizon oil spill.
July 22, 2013
Shell Scores Again in Deepwater GOM
Three years after the Macondo well blowout and resulting drilling moratorium, oil and gas exploration has been slowly but surely returning to the Gulf of Mexico (GOM). On Wednesday Royal Dutch Shell plc reported a successful exploratory well at Vicksburg in the deepwater GOM.
July 5, 2013
Wattenberg Oil, Marcellus Gas Lift Anadarko Onshore Output
Strong liquids and oil growth from the Greater Wattenberg Field in Colorado, and stronger-than-expected natural gas output from the Marcellus Shale, contributed to record volumes in the first quarter by Anadarko Petroleum Corp.
May 8, 2013
GOM Output Seen Blowing Past U.S. Onshore
Following three straight years of production declines after the Macondo well blowout, this year likely will be the first for growth in the Gulf of Mexico (GOM) since 2009, but it certainly won’t be the last, according to Raymond James & Associates Inc.
March 25, 2013
GOM Output Seen Blowing Past U.S. Onshore Growth
Following three straight years of production declines after the Macondo well blowout, this year likely will be the first for growth in the Gulf of Mexico (GOM) since 2009, but it certainly won’t be the last, said Raymond James & Associates Inc.
March 20, 2013
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