Deepwater Horizon

Deepwater Horizon explosion
Image courtesy SkyTruth http://www.flickr.com/photos/skytruth/

Today when a Texas House panel hosted a hearing to get an update on money from BP after the Deep Water Horizon explosion, lawmakers learned about money BP gave to the Governor’s office, without looping the Legislature in. 

www.fcps.edu

The extent of the environmental damage in the Gulf of Mexico caused by the BP oil disaster is largely unknown to the public; much of the data remains sealed because of litigation. But now scientists at Texas A&M-Corpus Christi are shedding important new light on the subject. And the news is not good. 

A federal judge in New Orleans has approved a $1 billion civil settlement over its role in the Gulf of Mexico oil spill where 11 men died in April of 2010, the AP reports.

As we reported back in January, federal authorities blamed Transocean "for acting negligently when the rig's crew proceeded with maneuvers to the deep-sea well in the face of clear danger signals that oil and natural gas were flowing."

Transocean, the owner of the Deepwater Horizon rig where 11 men died in April 2010, has agreed to pay $1.4 billion in criminal and civil penalties to resolve Justice Department allegations over its role in the Gulf of Mexico oil spill.

Update at 11:30 a.m. ET: Oil giant BP has agreed to plead guilty to criminal misconduct related to the 2010 Gulf Oil spill and will pay a record $4 billion in criminal penalties, the company just confirmed. And it will pay $525 million in civil penalties in a resolution with the Securities and Exchanges Commission. BP will make the payments over six years.

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