Water & Oceans

"BP Carries Most Blame for Gulf of Mexico Oil Spill, Judge Rules"

"BP shoulders most of the blame for the disastrous 2010 Gulf of Mexico oil spill by acting with "profit-driven decisions" that amounted to "gross negligence," a federal judge ruled Thursday in a decision that could quadruple the billions of dollars in penalties the oil giant faces."

Source: New Orleans Times-Picayune, 09/05/2014

BP 'Grossly Negligent' in 2010 U.S. Spill, Fines Could Be $18 Billion

"A U.S. judge has decided that BP Plc was “grossly negligent” and “reckless” in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly $18 billion in fines to more than $42 billion (25.73 billion pounds) in charges the company took for the worst offshore environmental disaster in U.S. history."

Source: Reuters, 09/04/2014

Halliburton to Pay $1.1 Billion to Settle Damages in Gulf Oil Spill

"Halliburton, the company contracted by BP to cement the ill-fated Macondo oil well in the Gulf of Mexico, has reached a $1.1 billion settlement with thousands of businesses, individuals and local governments that suffered losses from the 2010 Deepwater Horizon oil rig explosion, the company and plaintiffs announced on Tuesday."

Source: NY Times, 09/03/2014

"Australia To Scrap Plan for Dumping Near Great Barrier Reef: AFR"

"Australia will abandon plans to dump 3 million cubic meters of dredged sand into the Great Barrier Reef area in its effort to create the world's biggest coal port, the Australian Financial Review reported on Tuesday.

The fragile reef, which stretches 2,300 km (1,430 miles) along Australia's east coast, and sprawls over an area half the size of Texas, was the centerpiece of a campaign by green groups and tour operators opposing the plan.

Source: Reuters, 09/02/2014

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