BP To Launch Major Project In The Gulf Of Mexico
BP, PLC has announced plans to go forward with a major project in the gulf. They've reworked a 2013 proposal, trimming the cost of Mad Dog Phase 2 from $20 billion to $9 billion. Analysts see the decision to go forward as an indication of optimism in the future of oil prices.
Ex-Halliburton Manager Pleads Guilty
NEW ORLEANS (AP) — A former Halliburton manager has pleaded guilty to destroying evidence after the rig explosion that spawned BP's 2010 oil spill in the Gulf of Mexico.
Sixty-two-year-old Anthony Badalamenti of Katy, Texas faces a maximum sentence of 1 year in prison and a $100,000 fine a…
Rig Evacuations Begin Ahead Of Tropical Storm
BP decides to evacuate personnel deemed non essential to oil and gas production from the world's largest platform and three others in the central Gulf of Mexico. This is done in response to a potential tropical storm passing over or near the area in the next couple of days.

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