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Tag Archives: gulf of mexico

Settlement addresses punitive damages from 2010 oil spill

Dark clouds of smoke and fire emerge as oil burns during a controlled fire in the Gulf of Mexico, May 6, 2010. (Image: Petty Officer 2nd class Justin Stumberg via Wikipedia)

NEW ORLEANS (AP) — Nearly $1.24 billion in punitive damages arising from BP’s 2010 Gulf of Mexico oil spill will become available to property owners and some fishermen affected by the spill under a pending settlement with two corporations that also had a role in the disaster. A federal court hearing has been set for Nov. 10 on the agreement ...

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Mexico to offer farm-out on deep water field in Gulf

Mexico, Pemex

MEXICO CITY (AP) — Mexico’s state-owned oil company announced Friday it will offer a farm-out arrangement to private firms to join in the exploration of a deep-water field in the Gulf of Mexico. It would be the first time that Petroleos Mexicanos has formed an association with a private firm for deep-water drilling. Pemex Director Jose Antonio Gonzalez called it ...

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Scientists head out to study Shell oil spill in the Gulf

Gulf of Mexico, oil spill, Shell

NEW ORLEANS (AP) — Scientists are heading out to study the latest oil spill in the Gulf of Mexico, a release of about 88,200 gallons from a Shell oil field about 90 miles off the coast of Louisiana. Last Thursday a leak from a pipeline at the Shell oil production field was spotted and clean-up vessels began to skim oil ...

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Coast Guard: vessels pick up oil from Shell oil spill

NEW ORLEANS (AP) — Vessels continued to skim oil off the Gulf of Mexico on Saturday after about 88,200 gallons of oil were released from a Shell flow line about 90 miles off the coast of Louisiana. Shell said in a news release that oil is not expected to reach the shoreline. The company said the sheen is moving in ...

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Regulators relax monitoring of decade-old Gulf oil leak

BATON ROUGE, La. (AP) — Federal regulators have relaxed a pollution monitoring requirement for a company responsible for a decade-old oil leak in the Gulf of Mexico, a slow-motion spill that could last another century. In 2008, the Coast Guard ordered Taylor Energy Company to conduct daily flights over the site of its leak to visually monitor chronic oil sheens ...

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Stricter offshore drilling rules issued, upsetting industry

Stricter offshore drilling rules issued, upsetting industry

NEW ORLEANS (AP) — The Obama administration issued new rules Thursday to make oil and natural gas offshore drilling equipment safer and to reduce risks in digging wells, but the oil industry and its supporters in Congress say they are costly and questioned their need. The rules published by the Interior Department came nearly six years after the catastrophic blowout ...

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Scalise to take peers on tour of Gulf’s offshore drilling

Scalise to take peers on tour of Gulf's offshore drilling

NEW ORLEANS (AP) — House Majority Whip Steve Scalise is taking a batch of congressmen on a tour of the Gulf of Mexico’s oil and gas offshore drilling industry. Scalise, a Republican from Louisiana, has led energy tours for his peers since he became a House member in 2008. On Friday, he’s showing off the industry to six other congressmen ...

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23.5M acres off Texas up for oil, gas leases in August

23.5M acres off Texas up for oil, gas leases in August

NEW ORLEANS (AP) — The federal government will offer 23.5 million acres off of Texas for oil and gas leases in August. The Bureau of Ocean Energy Management says that’s all the available waterbottom in the western Gulf of Mexico. Spokesman John Filostrat (FIL-oh-strat) says the agency has not chosen a date or location. Last August marked the smallest sale ...

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Gulf oil, gas leases up for sale; environmentalists protest

NEW ORLEANS (AP) — The federal government is selling off oil and gas leases in the Gulf of Mexico during a sale Wednesday, but environmentalists opposed to fossil fuels development on public lands plan to protest. The Bureau of Ocean Energy Management is offering about 45 million acres for exploration and development. Companies submit bids in advance to the agency, ...

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