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The Big Story on WCTV - Oil Spill
Judge Refuses to Compel Transocean CEO's Testimony
Last Updated: 11:21 PM 02/01/12 - A federal magistrate has ruled that Transocean Ltd. doesn't have to make its CEO, Steve Newman, available to testify at a trial for tens of thousands of court claims spawned by the Gulf oil spill in 2010.
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BP Emails Reveal Company Veiling Spill Rate
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Last Updated: 11:19 PM 01/27/12 - BP officials warned in an internal email conversation that if the well was not protected by the blow-out preventer at the drill site, crude oil could burst into the Gulf of Mexico at a rate of 3.4 million gallons a day, an amount a million gallons higher than what the U.S. government ultimately estimated spilled daily from the site. (Full Story)
Judge: BP Contract Shielded Transocean in Spill
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Last Updated: 10:51 PM 01/26/12 - A federal judge has ruled that the rig owner involved in drilling the ill-fated well that blew out in the Gulf of Mexico was shielded by its contract with BP from having to pay many pollution claims in the nation's largest offshore oil spill. (Full Story)
Judge Denies BP Request to Penalize Halliburton
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Last Updated: 12:29 AM 01/21/12 - A federal judge shot down BP's request to penalize Halliburton for allegedly destroying damaging evidence about the quality of its cement slurry that went into drilling the oil well that blew out last year and caused the nation's worst offshore oil spill. (Full Story)
Feds Challenge Credibility of Former BP Executive
Last Updated: 11:22 PM 01/17/12 - U.S. officials say a former BP executive was paid $107,000 a month to do consulting for a company lawyer, but allege the money may have been designed to influence her testimony during a deposition in litigation over the Gulf oil spill. (Full Story)
APNewsBreak: U.S. Opposes Ruling on Lawyer Fees
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Last Updated: 11:03 PM 01/13/12 - The question of lawyers' fees is contentious. Louisiana's attorney general and lawyers working to settle clients' claims outside of court claim Barbier's fee structure unfairly rewards trial lawyers. (Full Story)
BP Oil Spill Payments to Resume After Fee Wrinkle
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Last Updated: 11:08 PM 01/04/12 - Payments from a compensation fund for BP's massive oil spill in the Gulf of Mexico are resuming. (Full Story)
Federal Government Considers Suing BP for Spill
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Last Updated: 7:31 PM 12/29/11 - A year after the worst oil spill disaster in US history, the federal government says it is now considering filing charges against oil giant BP. (Full Story)
BP Money Buys Sports Towels, Christmas Lights, Jingles
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Last Updated: 5:04 PM 12/29/11 - Officials in the Florida Panhandle have spent tens of millions of dollars of BP's money on a mix of eye-raising purchases that were meant to help restore the area's tourism industry a year after the Gulf oil spill. (Full Story)
BP: Rig Partner Liable for Own Punitive Damages
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Last Updated: 11:30 PM 12/21/11 - BP wants to shield itself from having to compensate Halliburton for punitive damages, fines and penalties the cement contractor may face for its role in the deadly 2010 rig explosion and oil spill in the Gulf of Mexico. (Full Story)
Poll: Bipartisan Support for Restore Act
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Last Updated: 6:32 PM 12/12/11 - BP is expected to pay fines between five and 20 billion dollars for causing the biggest oil disaster in the country’s history. There’s debate in Washington over how that money should be spent. If the fines are used to restore and protect Florida’s coast it could mean hundreds of new jobs. A new poll suggests voters in Florida, both Democrat and Republican, want the money spent here. (Full Story)
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