TV News LIES

Wednesday, May 25th

Last update06:28:02 AM GMT

You are here News Energy Final U.S. report lays Gulf spill blame on BP, contractors

Final U.S. report lays Gulf spill blame on BP, contractors

E-mail Print PDF

Gulf spillPoor management and critical mistakes by BP and its contractors led to the largest offshore oil spill in U.S. history, according to the final report of the largest U.S. government probe into last year's massive Gulf oil spill.

Investigators from the U.S. Coast Guard and Bureau of Ocean Energy Management scattered blame for the accident on the companies involved while also saying stronger regulations could have helped prevent the catastrophe.

This final report has been heavily anticipated by investors eager for clues on possible legal ramifications BP and its partners may face from the drilling disaster.

BP stock was up $1.04 to $37.94 in New York shortly after release of the report.

In the days leading up to the accident, BP made a series of decisions that complicated cementing operations and may have contributed to the ultimate failure of the cement on the well, the investigators found.

BP failed to communicate these decisions and the "increasing operational risks" to Transocean, the contractor that owned and operated the Deepwater Horizon rig, according to the report.

"As a result, BP and Transocean personnel onboard the Deepwater Horizon ... did not fully identify and evaluate the risks inherent in the operations that were being conducted at Macondo," the report said.

More...


Most Recent Related Stories...


Biden administration scraps 3 offshore oil and gas lease sales in Alaska, Gulf of Mexico

Oil leases stoppedThe Biden administration has announced it will ax three planned oil and gas lease sales in the...

Why are US gas prices soaring when America barely uses Russian oil?

Gas prices soar. Why?There's pain at the pump for American drivers as US gas prices soar to record highs. Although...

Biden to release up to 180 million barrels of oil from reserve to drive down gas prices

Gas prices cause Biden to release reservesPresident Joe Biden will order the release of up to 180 million barrels of oil from...

Power restored to Chernobyl nuclear plant, Ukrainian officials say

Power restored to Chernobyl nuclear plant Ukrainian officials said power has been restored to the Chernobyl nuclear power plant on Sunday, after...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!