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BP spill
US Approves First Deep-Water Well in Gulf of Mexico Since BP Spill
By not in system - AOL NewsNEW YORK -- The U.S. has approved the first deep-water drilling permit in the Gulf of Mexico since last year's massive oil spill. The Bureau of Ocean Energy Management, Regulation and Enforcement announced Monday that it issued a permit to Noble Energy Inc. to continue work on a well about 70 miles southeast of Venice, La. Noble started drilling the well four days before the Deepwater Horizon exploded. Drilling activity was suspended on June 12 under a moratorium the U.S. placed on exploration in waters deeper than 500 feet. No new deepwater permits had been issued since the moratorium was ...
New Report Slams BP's Lack of 'Discipline'
By Lauren Frayer - AOL News
(Nov. 17) -- BP's lack of "discipline" and "insufficient consideration of risk" contributed to the Gulf of Mexico oil spill, according to an interim report from a panel of experts. The 28-page report by 15 scientists at the National Academy of Engineering was commissioned by Interior Secretary Ken Salazar and was scheduled to be released today, but The Wall Street Journal obtained an early copy late Tuesday. The document lays harsh blame on BP, its contractors and even U.S. federal regulators who failed to catch or fix the oil company's mistakes in the lead-up to the April 20 explosion that ...
BP Back to Profitability, But Spill Cost Upped to $40 Billion
By Dave Thier - AOL News(Nov. 2) -- It may not be any consolation, but those in the Gulf of Mexico tourism and seafood industries still hurting economically from the oil spill do have some company. Though that company recently returned to profitability, it hasn't been cheap for BP either. In fact, it just got more expensive. In September, while the well was still leaking, BP had estimated the cleanup cost at about $32 billion. But now it has upped that to just under $40 billion. According to Reuters, the company said that delays in capping the well exacerbated the cleanup costs, the compensation costs and the cost ...
Halliburton Defends Its Cement Job on BP's Well
By Laura Parker - AOL News
(Oct. 29) -- Halliburton Co. conceded today it did not test the stability of the final cement mixture used to seal BP's Macondo well, but it disputed an assertion by the presidential commission that the cement gave way and set off a sequence of events that caused the catastrophic blowout in the Gulf of Mexico. "Halliburton does not believe that the foam cement design used on the Macondo well was the cause of the incident," the company said in a four-page statement. Win McNamee, Getty Images Steven Newman, president and CEO of Transocean, left; Lamar McKay, president and chairman of BP ...
Officials Testing Seal at BP's Broken Oil Well in Gulf
By not in system - AOL NewsNEW ORLEANS (Aug. 12) -- In the strongest indication yet that BP's broken oil well in the Gulf of Mexico may be plugged for good, officials on Thursday said they're conducting tests to determine if further work to seal the well is needed. A final decision was expected Friday on whether crews need to go ahead with drilling relief wells to allow for a so-called "bottom kill," in which mud and cement are pumped from deep underground to permanently seal the well. Retired Coast Guard Adm. Thad Allen, the Obama administration's point man on the oil spill, said at a news conference that an earlier ...
Handicapping the 2010 Election: The Five Biggest Mysteries
By Walter Shapiro - Politics DailyFifteen weeks until the election, political prophets are peddling the kind of glib certainty about the future normally found at an astrologer's convention. From Joe Biden ("I don't think the losses are going to be bad at all") to House Republican Rep. Pete Sessions ("We will be slightly over 40") forecasting a GOP majority on NBC's "Meet the Press," each predictable partisan prediction is treated with the gravity of a pronouncement from the Oracle at Delphi. Respected non-partisan political analysts like Charlie Cook are declaring, "Democrats could lose the House if the election were held ...
Oil Seeps Into New Orleans' Lake Pontchartrain
By not in system - AOL NewsNEW ORLEANS (July 6) -- New Orleans, which managed to escape the oil from the BP spill for more than two months, can't hide any longer. For the first time since the accident, oil from the ruptured well is seeping into Lake Pontchartrain, threatening another environmental disaster for the huge body of water that was rescued from pollution in 1990s to become, once more, a bountiful fishing ground and a popular spot for boating and swimming. "Our universe is getting very small," Pete Gerica, president of the Lake Pontchartrain Fishermen's Association, said Tuesday. Gerald Herbert, AP A ...
Cap Again Collecting Oil From Gulf Leak
By not in system - AOL NewsNEW ORLEANS (June 23) -- Oil had spewed uncontrolled into the Gulf of Mexico for much of the day Wednesday before engineers reattached a cap being used to contain the gusher and direct some of the crude to a surface ship. The logistics coordinator onboard the Discoverer Enterpriser, the ship that has been siphoning the oil, told The Associated Press that after more than 10 hours, the system was again collecting the crude. The crewmember, speaking from the bridge of the ship, said the cap was placed back on the gusher around 8 p.m. CDT. He asked not to be identified by name because he was not ...
Joe Barton's Fellow Texans Don't Agree with His Apology to BP
By Bruce Drake - Politics DailyWhile Texas Rep. Joe Barton does not have to worry much about re-election in a district he has represented for 13 terms, his fellow Lone Star staters don't think much of the quickly-taken-back apology he made to oil giant BP for supposedly being shaken down by the White House to set up a $20 billion fund to help deal with the Gulf oil spill. Sixty-five percent of Texas voters don't think BP deserved an apology for being asked by President Obama to compensate oil spill victims, while 18 percent agreed with Barton's original reaction, according to a Public Policy Polling survey conducted June ...
BP Storm: Tulane Prof Oliver Houck Warned for Decades of Peril of Lax Energy Regulation
By Jason Berry - Politics DailyNEW ORLEANS -- Page One of the June 11 Times-Picayune on the BP disaster carried the headline "Spill Could be Double the Size" with the subhead, "40,000 barrels may be flowing daily." The wide photograph beneath the banner showed four women wearing thick rubber gloves, their hair wrapped over industrial-sized tubs, on the last day of oyster-shucking for the 134-year-old P&J Oyster Co. If this surreal horror story has taught us one thing it is that we need real sources to explain how human error could wreck a regional economy, poison a coastal marsh, endanger vast fishing areas, and up the ...
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