NEW ORLEANS (AP) — Environmental groups signed a settlement agreement Thursday to resolve their lawsuit against a New Orleans company that has failed to end a decade-old oil leak in the Gulf of Mexico.
Taylor Energy Company announced details of the pact in a news release last week, but the agreement wasn't finalized and filed in federal court until Thursday.
PADUCAH, Ky. (AP) — The U.S. Coast Guard says part of the Mississippi River has been closed as crews investigate and clean up an oil spill caused by the collision of two tow boats.
The Coast Guard says the collision Wednesday evening near Paducah, Kentucky, damaged at least one barge carrying clarified slurry oil. The cargo tank was ruptured, causing an unknown amount of oil to spill into the river.
NEW ORLEANS (AP) — BP is going back to a federal appeals court in a case involving businesses' damage claims from the 2010 oil spill in the Gulf of Mexico.
The oil giant wants restitution of some of the money it paid in claims to businesses as part of a 2012 settlement. BP eventually won a revision in the way losses were calculated after arguing the settlement claims administrator wasn't correctly matching business's revenues and expenses.
NEW ORLEANS (AP) — A New Orleans energy company said Thursday it has reached a settlement agreement with environmental groups in a lawsuit stemming from the company's failed efforts to stop a decade-old, slow-motion oil spill in the Gulf of Mexico.
A federal court filing Thursday stated that an agreement had been reached between Taylor Energy Company and the environmental groups. Taylor said in a news release it has agreed under the settlement to make a $300,000 donation to a Louisiana marine research consortium and to fund $100,000 in research on the ecological effects of small, long term leaks in the Gulf.
TRENTON, N.J. (AP) — While a New Jersey judge approved the state's $225 million settlement with ExxonMobil, he expressed concern over delayed cleanup at a polluted creek, which a state lawmaker says could open up a route to appeal the decision.
Democratic state Sen. Raymond Lesniak said he believes Superior Court Judge Michael Hogan's concerns could give him an opportunity to appeal the judgment, ultimately with the goal of getting more money for the state but also starting the cleanup of Morses Creek in northern New Jersey. The creek is used in refinery operations to provide cooling water at the Linden, New Jersey, site.
BATON ROUGE, La. (AP) — Clusters of landlocked municipalities more than 100 miles from the Gulf Coast have secured millions of dollars in BP money through settlements designed to compensate local governments for lost tourism dollars and other economic damage from the company's 2010 oil spill, according to records obtained by The Associated Press.
This week, BP finished making approximately $687.4 million in settlement payments to 383 local government entities in the five Gulf states. Nearly $8 million of that money went to 32 government entities that are more than 100 miles from the coast, in places like the Mississippi Delta and suburbs of central Alabama, the records show.
WASHINGTON (AP) — The Obama administration is proposing to cut methane emissions from U.S. oil and gas production by nearly half over the next decade in an unprecedented step to curb climate change.
The administration's target is to cut methane from oil and gas drilling by 40 to 45 percent by 2025, compared to 2012 levels. The move was not unexpected - officials set the same goal in a preliminary blueprint in January. Still, by moving forward with the official proposal, President Barack Obama is adding to a list of energy regulations that have drawn applause from environmentalists and ire from energy advocates.
NEW ORLEANS (AP) — BP PLC's $18.7 billion settlement for its 2010 oil spill may not end lawsuits filed by two public university systems against the oil giant, a newspaper reported Sunday.
Since many details are under wraps, it hasn't been clear whether the settlement includes the universities, but the attorney handling the university systems' claims issued a statement last week saying he believes those claims remain open, The New Orleans Advocate reported.
LITTLE ROCK, Ark. (AP) — A federal judge approved a $5 million settlement among the operators of an oil pipeline, the state of Arkansas and the federal government Wednesday, finding that the deal to end claims stemming from a spill two years ago satisfied the public interest even if it might not be the best pact possible.
Crude oil breached the Pegasus pipeline on March 29, 2013, oozing 3,190 barrels of oil onto land and water at Mayflower, 20 miles northwest of Little Rock. Exxon Mobil Corp. agreed to pay $3.19 million in fines to the federal government, plus nearly $1.9 million in fines, fees and other payments to Arkansas.
LOS ANGELES (AP) — More than two months after oil from a ruptured pipeline fouled California beaches, documents released Wednesday disclosed that the spill might have been far larger than earlier projected.
Plains All American Pipeline had estimated that the May 19 break along a corroded section of pipe near Santa Barbara released up to 101,000 gallons of crude. The resulting mess forced a popular state park to shut down for two months, and goo from the spill washed up on beaches as far as 100 miles away.
Pioneer Natural Resources is the second U.S. firm, after Enterprise Products, to begin exploring how to take advantage of the end of the U.S. oil export ban and could begin shipments by the middle of next year, The Hill reports.
Two competing initiatives designed to give Florida residents a constitutional right to rooftop solar energy are running out of time without enough signatures yet to make next November's ballot, the Naples Daily News reports.
SolarCity CEO Lyndon Rive joined Sen. Charles E. Schumer in Buffalo this week to call the five-year extension of a federal tax subsidy "super important" to the continued growth of the solar power industry, The Buffalo News reports.
Continued concerns about oversupply forced oil prices downward early Wednesday, nearing an 11-year low already reached once this week. London Brent fell 31 cents to $37.05 a barrel while U.S. crude remained unchanged at $37.50, Reuters reports.
A group of researchers at MIT, the University of California-Berkeley, and the University of Colorado have developed a new computer microchip that uses optical technology and creates the potential to make future computer data centers more energy efficient, the journal Science reports.
A Japanese court on Thursday rejected safety concerns and approved letting Kansai Electric Power, the country's second biggest utility, restart four nuclear reactors shuttered since the 2011 Fukushima disaster, Reuters reports.