Company says its costs for fighting spill in the gulf have risen by $100 million in three days. Oil spill - BP - Environment - Energy - Business
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BING NEWS:
- Oil Companies Expand Offshore Drilling, Pointing to Energy Needs
Shell and others say they plan to drill for oil and gas in the Gulf of Mexico in part because doing so releases fewer greenhouse gases than drilling on land.
05/3/2024 - 7:11 am | View Link - Gulf Coast Struggles With Oil Spill And Its Economic Costs
Smoke rises from a controlled burn May 19, 2010 in the Gulf of Mexico. According to reports May 20, 2010, Environmental Protection Agency (EPA) has ordered BP to use a less toxic chemical oil ...
05/2/2024 - 9:16 pm | View Link - BP Bets Big, Again, On the Gulf of Mexico
While rivals bank on big new plays in Guyana and Namibia, the new BP CEO is focused on heartland waters off the coast of Louisiana and Texas.
05/1/2024 - 12:06 am | View Link - bp oil spill
A Louisiana island that provides critical nesting habitat for pelicans and other seabirds is being restored to nearly its former size after decades of erosion and a crippling 2010 oil spill.
04/30/2024 - 1:00 pm | View Link - Washington’s border waters are on the cusp of a major rise in oil tanker traffic
Money Talks is one of the takeaways you could have from this. In the case of Canada now, when push comes to shove, a major province in the country depends on this industry as critical to their future ...
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- BP's Deepwater Horizon bill tops $65bn | Deepwater Horizon oil spill ...
Tue 16 Jan 2018 11.16 EST. BP is nearing the end of the $65bn (£47bn) Deepwater Horizon compensation process, it said as it announced an unexpectedly high payout of $1.7bn among the final few...
05/2/2024 - 3:14 pm | View Website - BP paid a steep price for the Gulf oil spill but for the US a decade ...
BP paid dearly for the reckless corporate culture of cost-cutting and excessive risk-taking that caused the spill: more than US$60 billion in criminal and civil penalties, natural resource...
05/2/2024 - 1:05 pm | View Website - Why BP Is Paying $18.7 Billion
The company estimates that it will ultimately spend more than $40 billion in costs from the spill, including about $14 billion it spent in a three-month effort to contain the spill, which...
05/2/2024 - 11:25 am | View Website - Deepwater Horizon oil spill settlements: Where the money went
In 2011, one year after the Deepwater Horizon oil spill, BP agreed to provide up to $1 billion toward early restoration projects in the Gulf of Mexico. Since then, the Trustee Council has approved five early restoration plans, encompassing 65 projects at an estimated cost of $866 million.
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This webpage provides information and materials on EPA’s enforcement response to the Deepwater Horizon Oil Spill, settlements with several of the defendants, including the record-setting settlement with BP Exploration & Production for an unprecedented $5.5 billion Clean Water Act penalty and up to $8.8 billion in natural resource damages.
05/2/2024 - 7:22 am | View Website - More
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