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Gulf oil spill settlement reached; BP expected to pay out $7.8 billion

Friday, March 02, 2012, 11:00 PM Updated: Saturday, March 03, 2012, 12:12 AM By David Hammer, The Times-Picayune BP and the private plaintiffs in the massive Gulf oil spill litigation have reached a settlement that BP estimates will cost $7.8 billion. But that is an uncapped amount, an the court still must supervise the payment [...]

Trial looms for liability case in Gulf oil spill

Trial looms for liability case in Gulf oil spill

By Rick Jervis, USA TODAY NEW ORLEANS – Each day, a team of 70 lawyers gathers in a New Orleans office suite to pore over a mountain of documents, study depositions and formulate argument. The attorneys, representing condominium owners, oyster fishermen, hoteliers, beach towns and others who claim to have been hurt by last year’s [...]

Vessels of Opportunity program can pursue damage claims, BP says

By Rebecca Mowbray, The Times-Picayune People who participated in BP’s Vessels of Opportunity program can now pursue claims for damage to their boats and possibly other grievances, even if they settled claims for economic losses from the oil spill with the Gulf Coast Claims Facility, according to a letter from BP. But, BP, leaseholder of [...]

Breaking News–Bird’s Eye View: GRN Spots Oil Near BP’s Macondo Well

Blog – BPs Oil Drilling Disaster in the Gulf of Mexico Friday, 19 August 2011 19:11 This morning I set out on a long flight to investigate reports of oil sightings near BP’s Macondo well, the site where the Deepwater Horizon exploded and sank into the Gulf killing 11 workers and spewing at least 4.9 [...]

Why hasn’t all the oil gone?

2011 August 19 Friday Gulf of Mexico, Louisiana and Mississippi Today we flew about 500 miles over the Gulf to check out yet more reports of oil. We didn’t even get to some of the places reported, because in just a few hours we had already found plenty in at least four distinct locations — [...]

Raw Footage from the Gulf: Beaches in Bay Jimmy “Stained Black”; Grand Isle Oyster Beds Choke Under Heavy Sheen

BP and its boosters say we dodged a bullet. They beat their chests and shout from the treetops that the 200-million-gallon spill off Louisiana’s coast didn’t break the back of the Gulf like all the “doomsdayers” said it would. They talk of safe seafood and booming Gulf tourism. They tell us the oil is gone, [...]

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