NEW YORK (AP) — BP PLC is asking for up to $7.9 billion for some of its oilfields in the Gulf of Mexico as it continues to sell assets after the 2010 oil spill, according to Bloomberg News.
According to the report Tuesday, which cited two people with knowledge of the matter, BP could clear up to $5 billion to $6 billion after the buyer pays taxes.
A new survey, commissioned by the American Petroleum Institute, found that about seven out of 10 voters support increased drilling along the United States coastline, FuelFix reports.
The Coast Guard commandant said Wednesday that his service is better prepared for a possible oil spill in the Arctic Ocean because of lessons learned from the Deepwater Horizon catastrophe in the Gulf of Mexico, The Associated Press reports.
The House Natural Resources Committee argued Thursday that the Interior Department's chief internal investigator's involvement in a government offshore safety panel compromised her independence as a watchdog, FuelFix reports.
House Natural Resources Committee meets to consider subpoenas of five Interior Department officials in Gulf of Mexico drilling moratorium investigation.
Postponed: House Natural Resources hearing, "Investigation of President Obama's Gulf Drilling Moratorium: Questioning of Key Department of the Interior Officials." Testimony sought from five Interior Department witnesses. No new date set.
U.S. Chemical Safety Board investigators say the offshore drilling sector's failure to address "process safety" problems helped cause the Deepwater Horizon explosion and subsequent oil spill, FuelFix reports. The board will release its findings of the 2010 disaster on Tuesday.
The Chemical Safety Board will address its initial findings on the deadly 2010 Deepwater Horizon explosion during a two-day hearing on July 23-24, FuelFix reports.
A federal judge set a Feb. 25 trial date for Kurt Mix, the former BP engineer charged with destroying evidence in the aftermath of BP's massive spill in the Gulf of Mexico, Bloomberg reports.
A federal judge denied BP access to confidential White House emails and some other records it sought in the government's case against it over the 2010 Gulf of Mexico spill.
The European Union and the U.S. Trade Representative's office rejected reports that they were working jointly to settle a dispute with China over solar dumping practices, Reuters reports
Both the Nuclear Regulatory Commission and Duke Energy said they are unsure how operators missed a crack at the Shearon Harris nuclear plant during testing, the Charlotte Business Journal reports.
A report from Reps. Ed Markey, D-Mass., and Henry Waxman, D-Calif., said several electric utilities said they face frequent cyber attacks on their infrastructure, Reuters reports.
The National Oceanic and Atmospheric Administration said it was able to give ample warning ahead of the deadly tornado that hit Moore, Okla., Politico reports.
House Republicans contend the Nuclear Regulatory Commission tripled space at its headquarters by using an appropriations bill to get around the congressional authorization process, the Washington Business Journal reports.
House Natural Resources Chairman Doc Hastings and ranking Democratic Rep. Ed Markey called on the Interior Department to extend the public comment period for its proposed public lands hydraulic fracturing rule, FuelFix reports.
Rep. Peter DeFazio, D-Ore., was endorsed by 20 Democrats to replace Rep. Ed Markey, D-Mass., as ranking member on the House Natural Resources Committee should Markey win election to the Senate, Politico reports.
