oil spill

MOEX Offshore is the first company involved in the Deepwater Horizon disaster to settle with Louisiana. State Coastal Affairs director Garrett Graves says half of the $13.5-million settlement will go to coastal repairs and half will go to land acquisition to help protect the coast...

Profits at BP are up by 14 percent this quarter. The company says they expect to finishing making their payments to the Gulf of Mexico Trust Fund this year.

A federal judge has set aside nearly seven hours for opening statements in a trial over the deadly rig explosion in the Gulf of Mexico that resulted in the nation's worst offshore oil spill.

Another energy company accused of spilling oil into the Gulf...but this time, accusers say the oil has flowed into the Gulf for years.

It was a pretty lonely affair this week as only one petroleum industry representative showed up to the public hearing that dealt with proposed oil and gas lease sales in the Gulf.

A bill that calls for 80 percent of BP penalties to go toward restoring the Gulf of Mexico has moved onto the full U.S. Senate.

An energy research group says an increase in drilling activity in the Gulf could create 230,000 jobs and add 44-billion dollars to the economy next year.

Governor Jindal says today his administration will seek to intervene in lawsuits filed by environmental groups challenging the federal government's approval of the first offshore Exploration Plan since last year's oil spill.

Billy Nungesser, President of Plaquemines Parish, announced his candidacy for Lt. Governor this morning at a press event in Belle Chasse. He says, "Louisianians need a Lt. Governor who has real world experience creating jobs and a track record of standing up and doing what is best for our state," said Nungesser...

The Coast Guard is checking on reports of an oil spill off the coast of Louisiana.

They didn't happen after last year's massive spill in the Gulf, but now the U.S. House is pushing for four offshore oil lease sales by year's end.

This morning's edition of The Morning Report included a visit from U.S. Senator David Vitter on the first anniversary of the explosion of the Deepwater Horizon which killed eleven people.  Vitter comments on current events.

The state of Louisiana is providing 2-million dollars out its own money to jump start the restoration of the Louisiana oyster industry badly damaged by oil spill.

WASHINGTON, DC – Coast Guard & Maritime Transportation Subcommittee Vice-Chairman Jeff Landry (LA-03) issued the following opening statement at today’s Transportation & Infrastructure Joint Hearing on “Improving Oil Spill Prevention and Response, Restoring Jobs, and Ensuring our Energy Security: Recommendations from the National Commission on the BP Deepwater Horizon Oil Spill and Offshore

(Washington, D.C.) – U.S. Sen. David Vitter today, at the U.S. Senate Homeland Security Subcommittee on Disaster Recovery, pressed oil-spill claims czar Kenneth Feinberg to commit publicly to not leaving his post until all claims have been completed.

The administrator of BP's $20 billion oil spill claims fund returns to the Gulf Coast this week amid continued complaints that he's not compensating victims enough and that payments are coming to slowly.