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Approximately $2.5 billion of liabilities for BP. The Texas City refinery explosion occurred on March 23, 2005, when a flammable hydrocarbon vapor cloud ignited and violently exploded at the isomerization process unit of the BP oil refinery in Texas City, Texas, killing 15 workers, injuring 180 others and severely damaging the refinery.
Impact on Local Community and Business: The Deepwater Horizon Oil Spill, otherwise known as the British Petroleum (BP) oil spill had several immediate and lasting effects on the local community, environment, and economy in New Orleans. The deterioration of healthy water, animals and marsh land from the oil spill have largely affected the ...
June 11 – Flow Rate Technical Group says the leak could be 20,000 to 40,000 barrels (840,000 to 1,680,000 US gallons; 3,200,000 to 6,400,000 litres) of oil a day. [ 94] June 15 – Obama in the first speech from the Oval Office of his presidency focuses on the spill. [ 95] June 16 – Obama meets with Svanberg, Hayward, McKay.
The husband of a former manager at British oil and gas giant BP has pleaded guilty to insider trading after he took advantage of sharing a workspace with his now estranged wife during the pandemic ...
In October 2012, BP reported that they had found and plugged leaking oil from the failed containment dome, now abandoned about 1,500 ft (460 m) from the main well. [ 106 ] [ 107 ] [ 108 ] In December 2012, the USCG conducted a subsea survey; no oil coming from the wells or the wreckage was found and its source remains unknown.
Deepwater Horizon. investigation. The Deepwater Horizon investigation included several investigations and commissions, among others reports by National Incident Commander Thad Allen, United States Coast Guard, National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling, Bureau of Ocean Energy Management, Regulation and ...
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