Last November, BP Oil Company reached an agreement with the U.S Justice Department over the company’s criminal charges in connection with the 2010 Deepwater Horizon Oil Spill and subsequent damage to the Gulf Coast. As part of the settlement, the oil company pled guilty to 11 felony counts of manslaughter, one misdemeanor charge under the [...]
Earlier this month, BP Oil Company and the U.S. government released a statement announcing that it has come to an agreement on all criminal charges against BP. The Securities and Exchange Commission (SEC) had filed criminal charges against the oil company concerning the Deepwater Horizon accident, oil spill and the company’s response that followed. In [...]
Despite the desperate need for companies harmed by the Deepwater Horizon explosion and resulting oil spill to receive remuneration, the financial fight over which companies will pay for the Gulf Spill mess lingers. Cleaning up the spill, the largest in United States history, is expected to cost about $42 billion, and the finger pointing is [...]
As if cleaning up the oil in the water hasn’t been a big enough worry for residents along the Gulf Coast, now they can add the chemicals used to clean the water to their worry list. A recent report, prepared by Toxipedia Consulting Services, along with the non-profit, Earth Justice, presents findings from a literature [...]
