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Texas Seeks BP Settlement Money to Build Artificial Reefs

Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico on April 21, 2010 near New Orleans, Louisiana.

Texas has announced five projects it hopes to fund with money from a settlement from the BP Deepwater Horizon oil spill in 2010. Three of them would aid in building artificial reefs along the Texas Gulf Coast — something that could prove a boon to the fishing industry and tourism. While Texas was not hit [...]

Another Record Settlement for Gulf Oil Spill

Thick oil is seen washed ashore from the Deepwater Horizon oil spill in the Gulf of Mexico on July 1, 2010 in Gulfport, Mississippi.

Less than two months after BP announced a record settlement over criminal charges for the 2010 Deepwater Horizon oil spill, the company that owned the rig has announced a civil and criminal settlement for a total of $1.4 billion. While BP leased the Deepwater Horizon rig and owned rights to the Macondo well, a crew [...]

In New Role, Former UT Professor’s Industry Ties Remain Unpublicized

Dr. Charles "Chip" Groat retired early from UT after he became enmeshed in a controversy over a conflict of interest.

Former University of Texas at Austin Professor Charles “Chip” Groat is ready to move on from a controversy about failing to disclose a conflict of interest while at the University. “I will leave this unpleasant episode behind me,” he wrote us in an email last week. Groat is retiring early from UT and moving to [...]

‘No Oil For You!’ BP Suspended From New Drilling Contracts

Workers clean up oily globs that washed ashore from the Deepwater Horizon oil spill in the Gulf of Mexico July 9, 2010 in Waveland, Mississippi.

Just a few weeks after pleading guilty to felony criminal charges and agreeing to a record settlement of $4.5 billion dollars for the 2010 Deepwater Horizon disaster in the Gulf of Mexico, BP has been “temporarily suspended” from new contracts with the federal government, the Environmental Protection Agency (EPA) announced today. The spill was the [...]

BP Will Pay Record $4.5 Billion Settlement Over Deepwater Horizon Oil Spill

Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico on April 21, 2010 near New Orleans, Louisiana.

In the largest criminal penalty in history, BP will pay $4.5 billion to settle a federal case over the April, 2010 Deepwater Horizon oil spill. The settlement will resolve numerous criminal claims against BP brought by the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). As part of the agreement, BP also agreed [...]

How Hurricane Isaac Stirred Up Oil From the BP Spill

A boat overturned by Hurricane Isaac floats in lower Plaquemines Parish on September 2, 2012 in Buras, Louisiana.

Tar balls and oil from the BP spill in 2010 are washing up again on the shores of Louisiana. Hurricane Issac, which stirred up intense winds and dumped over a foot of rain in some parts of the state, has also disturbed some deposits that hadn’t been cleaned up after spill. More than two years [...]

Hurricane Isaac Shuts Down Oil Production in the Gulf

A man sits on a bench watching the waves on Lake Pontchatrain from  Hurricane Isaac on August 28, 2012 in New Orleans, Louisiana. Hurricane Isaac is expected to make landfall later tonight along the Louisiana coast

Nearly all of the oil platforms in the Gulf of Mexico have been evacuated because of Hurricane Isaac, according to the Bureau of Safety and Environmental Enforcement (BSEE). Of the 596 manned platforms in the Gulf, all but 93 have been evacuated as of mid-day today. 49 of the 76 rigs in the drilling area [...]

How Exxon Learned From its Mistakes: A Conversation With Steve Coll

A cleanup walks through the oily surf at Naked Island on Prince Williams Sound, a week after the tanker Exxon Valdez oil tanker ran aground in March 1989 and spilled 11 million gallons of crude oil.

Just after midnight on March 24, 1989 the Exxon Valdez oil tanker struck a reef in Prince William Sound, Alaska. 11 million gallons of oil spilled into the water, which soon made its way to shore. It took three years to clean up. It was the worst oil spill in history. That was until two [...]

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