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  1. Oil and Gas: October oil spill milestone: $520 million in seafood claims

      NEW ORLEANS (AP) — The administrator of economic loss claims resulting from the 2010 BP oil spill said Thursday that he expects about $520 million in seafood industry claims to be paid in the Gulf of Mexico states as early as next month. Patrick Juneau said the disbursements will essentially close out the $2.3 billion seafood compensation program arising from the spill. Juneau administers payments from a 2012 settlement BP reached with people and businesses that claimed economic harm after the Deepwater Horizon rig explosion . That disaster killed 11 workers and spewed millions of gallons of oil into the Gulf. The seafood claims Juneau discussed in an interview are part of a more than $9 billion in settlement money approved so far for a variety of people and businesses affected by the spill. The Lafayette attorney discussed the expected closing of the seafood compensation program, which was capped at $2.3 billion, and progress in the overall 2012 court-supervised settlement program, which appears on track to exceed $10 billion. "I can see the light at the end of the tunnel," Juneau said. The business and economic claims settlement was announced with great fanfare by BP and plaintiff lawyers in 2012 but legal fights soon followed over the way the agreement was being interpreted and how damages were calculated. Those fights are over and BP also reached a $20 billion settlement, approved by a federal judge this year, over economic and environmental damage with the five Gulf states state and the federal government. "We are pleased the CSSP has reached this milestone and look forward to working collaboratively with the claims facility as they process the remaining claims," BP spokesman Brett Clanton said in an emailed statement. Overall, the oil giant has projected its total costs related to the spill will be $61.6 billion, including various settlements, penalties, cleanup and restoration response to the spill. Juneau said the seafood industry disbursements should be an economic boon to the Gulf region. Reaction among people in the seafood business varied Thursday. Asked his assessment of the program, Louisiana fisherman Pete Gerica told The Associated Press that, overall it was administered fairly, although he believes some small retailers should have gotten more. Clint Guidry, a leader of the GO Fish organization and the Louisiana Shrimp Association told a New Orleans television station that the process took too long, going back to when Ken Feinberg was handling initial claims for BP in 2010, followed later by Juneau as administrator of claims under the 2012 settlement. "This could have been done a lot quicker instead of paying folks in dribs and drabs," Guidry told WWL-TV. "Because every day you don't have all your money, you lose value."

    Online Articles

    Online Articles

    Fri, 30 Sep 2016

  2. Oil and Gas News: Marine firm to pay almost $5M, improve practices after spill

    A Houston marine services firm has agreed to pay $4.9 million in civil penalties to settle federal claims resulting from a March 2014 collision between its tugboat and a ship that spilled nearly 170,000 gallons of oil into the Houston Ship Channel.

    Online Articles

    Online Articles

    Wed, 28 Sep 2016

  3. Oil spill under investigation at 8-MW Paradise River small hydro plant in Canada

    An investigation is under way to determine the cause of an oil spill at Newfoundland and Labrador Hydro’s 8-MW Paradise River small hydro plant, according to The Southern Gazette.

    Online Articles

    Online Articles

    Tue, 27 Sep 2016

  4. Oil and Gas News: Gas prices up, stations running out after pipeline spill

    Lines formed at gas stations across the South on Saturday and drivers who were able to find fuel had to pay more for it in some cases, as prices edged up following a pipeline spill in Alabama.

    Online Articles

    Online Articles

    Mon, 19 Sep 2016

  1. Oil and Gas News: Settlement reached in damages from Exxon's Yellowstone spill

    Online Articles

    Online Articles

    Wed, 21 Sep 2016

  2. ISOICO delivers more South Pars platforms

    Iran Shipbuilding and Offshore Industries Co. has the capacity to build an offshore platform within two months, managing director Hamid Rezaiean told news service Shana.

    Online Articles

    Online Articles

    Wed, 28 Sep 2016

  3. Oil and Gas News: Oil spill restoration trustees to meet in New Orleans

    The public gets a chance later this month to hear from a group of trustees assembled to oversee billions of dollars in damage restoration efforts related to the 2010 Gulf of Mexico oil spill .

    Online Articles

    Online Articles

    Thu, 15 Sep 2016

  4. Oil and Gas News: Citgo plans to appeal $120 million ruling in 2004 oil spill

    Industrial products company Citgo plans to appeal an order to pay $120 million for its role in a quarter-million-gallon oil spill in 2004 in the Delaware River, the company said in a court filing.

    Online Articles

    Online Articles

    Thu, 8 Sep 2016

  5. Oil and Gas News: Southern governors lift driver rules after gas spill

    The governors of three Southern states are lifting restrictions on the number of hours that truck drivers delivering fuel can work, hoping to prevent shortages in both states after the shutdown of a pipeline that spilled at least 252,000 gallons of gasoline in rural Alabama.

    Online Articles

    Online Articles

    Mon, 19 Sep 2016

  6. Oil and Gas News: APNewsBreak: Report questions Louisiana fish safety testing

    Gulf oil spill recovery money intended for testing to ensure fish caught off Louisiana were safe for consumers instead paid for unnecessary iPads, cameras, boats and now-missing fishing equipment, state auditors said, calling the safety program so mismanaged it couldn't even declare if the catch ...

    Online Articles

    Online Articles

    Thu, 22 Sep 2016

  7. Oil and Gas News: Company expects to restart pipeline Wednesday after leak

    A main gas line is expected to restart Wednesday with a temporary bypass after a leak and spill in Alabama led to surging fuel prices and some gas shortages across the South, a company official said Tuesday.

    Online Articles

    Online Articles

    Tue, 20 Sep 2016

  8. Caspian producers enact emergency response scenarios

    Lukoil has participated in joint emergency response practice procedures as part of the Caspian-2016 international exercise.

    Online Articles

    Online Articles

    Tue, 27 Sep 2016

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