Gulf oil spill trial, Day 3

It’s day three of the trial against BP, Halliburton and Transocean to determine each company’s share of blame in the 2010 Gulf Oil Spill. Former BP CEO Tony Hayward appeared via a 2011 video deposition for a short time. Hayward, in the deposition, said he didn’t cut corners with the drilling operation.Hayward insisted  that the…

Gulf oil spill trial, Day 2

  From the Associated Press dispatch on the second day of the trial against BP for the 2010 Gulf oil spill: “A ranking BP executive testified Tuesday that the London-based oil giant and its contractors share the responsibility for preventing blowouts like the one that killed 11 workers and spawned the nation’s worst offshore oil…

Gulf oil spill trial, Day 1

Here’s the Associated Press recap of the first day of the trial involving BP and the devastating Gulf oil spill of 2010 that killed 11 workers and released 172 million gallons of crude oil into the Gulf over three months, making it the worst offshore oil spill in U.S. history. Quick recap of today’s proceedings:…

Gulf Oil Spill Trial to start

Via the Associated Press: U.S. District Judge Carl Barbier is expected to hear opening arguments today in the trial surrounding 2010 Gulf Oil Spill. Per the AP: BP has said it already has racked up more than $24 billion in spill-related expenses and has estimated it will pay a total of $42 billion to fully…