BP

NPR Story
4:39 am
Tue June 10, 2014

Supreme Court Rules BP Must Keep Paying For Spill

Originally published on Tue June 10, 2014 11:30 am

Under a legal settlement, BP has been sending money to businesses affected by the 2010 Gulf of Mexico spill. The company said the terms of the settlement are being misinterpreted. The court disagreed.

BP Oil Spill
12:46 pm
Thu May 22, 2014

Three Years After Oil Spill, Lawmakers Learn About $5 Million BP Gave To Governor's Office

Day 30 of Deepwater Horizon oil spill in the Gulf of Mexico, 2010. Image link: http://bit.ly/1vN7BBL
Credit Green Fire Productions via Flickr / cc

Typically, money slated for the state budget is handled by the Legislature.

But yesterday the Texas House Appropriations and Natural Resources Committee found out about $5 million paid to the state of Texas by British Petroleum following the 2010 Deepwater Horizon oil spill.

The BP oil spill in the Gulf of Mexico happened in April 2010, and in September of that same year the governor’s office received $5 million from BP without informing the Legislature of the funds. 

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Remembering The Exxon Valdez Oil Spill
2:20 am
Tue March 25, 2014

Why Oil Drilling Is Both Safer And Riskier Since Exxon Valdez

The Ohmsett research facility, which researches oil spill response, was closed just before the Exxon Valdez accident. It was reopened as part of the measures included in the Oil Pollution Act of 1990.
Jeff Brady NPR

Originally published on Thu March 27, 2014 1:59 pm

A lot has changed for the energy industry since the Exxon Valdez hit a reef in 1989 and began spilling oil into Alaska's Prince William Sound. The outcry over images of oil-soaked wildlife and a once-pristine shoreline dirtied by crude ushered in greater scrutiny of oil operations and increased interest in research on how to clean up oil spills.

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Number Of The Year
8:04 am
Sat December 21, 2013

For BP Cleanup, 2013 Meant 4.6 Million Pounds Of Oily Gunk

Jonathan Henderson of the Gulf Restoration Network holds a jar of tar balls.
Debbie Elliott NPR

Originally published on Sat December 21, 2013 1:58 pm

As we near the end of 2013, NPR is taking a look at the numbers that tell the story of this year. They're numbers that, if you really understand them, give insight into the world we live in.

On a breezy December morning, a work crew is scouring the surf line on Grand Isle, La., scooping up tiny tar balls and collecting them in a basket.

Foreman LeRoy Irving keeps track of what the 14-person team has collected in a half-day. "If I had to guess, maybe 10 pounds," he says.

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Environment
9:20 am
Wed December 11, 2013

Post-BP Oil Spill Restoration Projects Proposed For Texas Gulf Coast

Diver near an artificial reef.
Texas Parks & Wildlife

Restoration plans have been laid out for the Gulf Coast in Texas following the BP oil spill in 2010 that spewed more than 200 million gallons of crude into the Gulf. The Deepwater Horizon Oil Spill Natural Resource Damage Assessment Trustees have proposed five projects in Texas totaling $18.4 million dollars from BP, and officials are looking for public comment.

The projects do not directly address the spill damage but offer other amenities that would bring both ecological and economic benefits to the Gulf.

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Business
4:12 am
Tue December 10, 2013

BP Argues Companies Are Unfairly Cashing In On 2010 Spill

The Deepwater Horizon oil rig burns in the Gulf of Mexico in April 2010.
Gerald Herbert AP

Originally published on Tue December 10, 2013 11:56 am

Oil giant BP is challenging hundreds of millions of dollars in claims that were filed by businesses after the company's 2010 oil spill in the Gulf of Mexico.

The total price tag for BP's oil spill is huge — $42.5 billion. At issue here is a fraction of that — but still a lot of money. BP says $540 million has been awarded to businesses for losses that "are either nonexistent, exaggerated or have nothing to do with the Deepwater Horizon accident."

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BP Oil Spill
5:20 pm
Fri September 6, 2013

Texas Supreme Court To Rule In BP Insurance Case

Texas Supreme Court justices, 2012.
State of Texas

The U.S. 5th Circuit Court has asked that the Texas Supreme Court make a ruling on whether oil giant BP had adequate insurance coverage prior to the Deepwater Horizon oil spill.

Osler McCarthy, a staff attorney for public information at the Texas Supreme Court, said that when BP asked its  insurance company, to pay up, its insurer told them they weren't covered.

McCarthy said the court will be examining if the primary coverage was enough for BP to be covered for the pollution damage to the Texas Coast or if the company should have purchased additional umbrella policies.

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BP Oil Spill
4:16 pm
Thu September 5, 2013

BP Wants To Halt Deepwater Horizon Claims Process

Crude oil that leaked from the Deepwater Horizon oil rig sits on the surface of the Gulf of Mexico in April 2010.
Chris Graythen Getty Images

Originally published on Tue September 10, 2013 4:21 pm

BP is fighting the settlement it agreed to last summer that let the oil company avoid thousands of potential lawsuits over the 2010 Gulf of Mexico oil spill.

Just after the spill, when oil was still gushing into the Gulf, BP touted the $20 billion it set aside for claims. But now it says the claim process is corrupt and is hoping a court will overturn the settlement that established the claims fund.

Ending the claims would mean stopping a well-oiled machine.

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The Two-Way
1:22 pm
Thu November 15, 2012

BP Settlement Of Little Comfort To Some, A 'Down Payment' To Others

June 2010: A boom floats in the water as contract workers from BP use skimmers to clean oil from a marsh near Venice, La.
Win McNamee Getty Images

Originally published on Thu November 15, 2012 5:36 pm

There's mixed reaction this afternoon to the news that BP has agreed to a deal with federal authorities to pay $4.5 billion in criminal and civil penalties related to the 2010 Gulf Oil spill.

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The Two-Way
7:20 am
Thu November 15, 2012

BP Pleads Guilty, Will Pay $4 Billion In Criminal Penalties For Gulf Oil Spill

The Deepwater Horizon oil rig burned on April 21, 2010.
U.S. Coast Guard Getty Images

Originally published on Thu November 15, 2012 5:32 pm

Update at 11:30 a.m. ET: Oil giant BP has agreed to plead guilty to criminal misconduct related to the 2010 Gulf Oil spill and will pay a record $4 billion in criminal penalties, the company just confirmed. And it will pay $525 million in civil penalties in a resolution with the Securities and Exchanges Commission. BP will make the payments over six years.

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