A Macondo well lessee agrees to a $1 billion settlement with BP over the Gulf of Mexico oil spill, and, a $212 million settlement is reached with two Madoff feeder funds. Hear these and other stories from LexisNexis® Mealey's Publications. Copyright©... Read More
NEW ORLEANS - (Mealey's) BP PLC and MOEX Offshore 2007 LLC and affiliates Mitsui Oil Exploration Co. and MOEX USA Corp., which had a 10 percent interest in the Macondo Well where the Deepwater Horizon oil rig was drilling, announced May 20 that they... Read More
NEW ORLEANS - (Mealey's) The federal judge in Louisiana presiding over litigation stemming from the explosion of the Deepwater Horizon oil rig and ensuing oil spill in the Gulf of Mexico held Feb. 22 that BP PLC and Andarko Petroleum Co. are liable... Read More
The Massachusetts Oil Spill Prevention Act (OSPA) was enacted following an oil spill in Buzzards Bay. [As the appellate court notes, Buzzards Bay is a scenically beautiful body of water. See also http://en.wikipedia.org/wiki/File:Buzzards_Bay_map.png... Read More
By Bryant Gardner, Partner, Winston & Strawn This article focuses on those provisions of the Congressional proposals which, if passed, are likely to most directly affect the maritime industry, leaving aside, for the time being, the proposals... Read More
Since the BP Oil Spill in the Gulf of Mexico on April 22, 2010, EPA has mobilized resources to support the U.S. Coast Guard and protect public health and the environment. Our Emergency Operations Center at headquarters has been activated, trained EPA... Read More
By Brad Marten A number of us in the Pacific Northwest can remember the phone ca ll that came in the spring of 1989 telling us to come to Alaska. There had been an oil spill, the caller said, and we had better get up there right away. We packed up... Read More
TALLAHASSEE, Fla. - (Mealey's) A Florida resident and a homeowners association on May 4 filed a class action lawsuit in a federal court against BP PLC and related companies to prevent or mitigate damage to property following the April 20 explosion... Read More
Nearly 771 thousand gallons of chemical dispersants were injected into the oil and gas emitted by BP's Deepwater Horizon oil spill. Based on prior research, it was anticipated that the dispersants would biodegrade with modest rapidity. Instead, researchers... Read More
BILOXI, Miss. - (Mealey's) Two Mississippi fishermen on May 3 filed a class action lawsuit in Mississippi federal court against companies they claim are responsible for the massive oil spill in the Gulf of Mexico (Charlie C. Nguyen, et al. v. Transocean... Read More