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WGSO's Jeff Crouere and Bayoubuzz's Stephen Sabludowsky discuss politics and news of day. Starts at 9:35 am. Live google hangout webcast

Former BP engineer will get new trial; oil spill conviction tossed

Saturday, 14 June 2014 09:13
A federal judge has tossed out a former British Petroleum engineer's conviction for obstructing an investigation into the 2010 spill that leaked billions of gallons of oil into the Gulf of Mexico, court records show. Kurt Mix, a Texas resident and drilling engineer, was convicted in December of obstructing an investigation into the spill by deleting text messages that would have been relevant to the federal inquiry.
BP loses fight to freeze Gulf of Mexico oil spill payouts
Friday, 13 June 2014 14:46
By Rob Davies PUBLISHED:18:50 EST, 10 June 2014| UPDATED:18:54 EST, 10 June 2014 var twitterVia = 'DailyMailUS';DM.has('shareLinkTop', 'shareLinks', {'id': '2654511','title': 'BP loses fight to freeze Gulf of Mexico oil spill payouts','url': 'http://thisismoney.co.uk/money/markets/article-2654511/BP-loses-fight-freeze-Gulf-Mexico-oil-spill-payouts.html','eTwitterStatus': 'BP+loses+fight+to+freeze+Gulf+of+Mexico+oil+spill+payouts http:\/\/bit.ly\/Us4l0K via @' + twitterVia,'articleChannelFollowButton': 'ThisIsMoney ','isChannel': false,'placement': 'top'});
BP oil spill investor lawsuit in U.S. gets May 2015 trial date
Thursday, 12 June 2014 11:00
By Nate Raymond (Reuters) - A U.S. judge set a May 2015 trial date on Friday for BP Plc to face claims in a lawsuit accusing the company of misleading investors about the severity of the 2010 Gulf of Mexico oil spill. U.S. District Judge Keith Ellison in Houston set the May 18, 2015 date nearly a month after granting class certification to the shareholders in the lawsuit.
BP Investors’ Trial Over Spill Losses Set for May 2015
Thursday, 12 June 2014 09:59
BP Plc (BP/) investors claiming as much as$2.5 billion in market losses caused by companymisrepresentations about the severity of the 2010 oil spill willmake their case to a jury next May 18, a judge ruled today. The investors, led by the pension funds of New York andOhio, claim the company inflated share prices by downplaying thesize of the spill in the weeks after the blowout of BP’s Macondowell in the Gulf of Mexico.
Why A Higher Oil Price Is Great News For BP plc And Royal Dutch Shell Plc
Thursday, 12 June 2014 01:37
2014 has been kind to investors in BP (LSE: BP (LSE: BP.L - news) ) (NYSE: BP.US) and Shell (LSE: RDSB.L - news) (LSE: RDSB) (NYSE: RDS-B.US), with both oil majors outperforming the FTSE 100 year-to-date. Indeed, while the FTSE 100 is currently up around 1% in 2014, Shell is up 10% and BP has made gains of 4% over the same time period.
Ex-BP Engineer Wins New Trial in Oil Spill Evidence Case
Wednesday, 11 June 2014 14:34
A former BP Plc (BP/) senior engineerfound guilty last year of destroying evidence related to the2010 Gulf of Mexico oil spill was granted a new trial based onhis claim of juror misconduct during deliberations. Kurt Mix was convicted by a federal jury in December of oneof two counts of obstruction of justice. Prosecutors said Mixdeleted from his mobile phone text messages and voice mailsrelated to BP’s effort to estimate the size of what turned outto…
New trial ordered for ex-BP engineer convicted of deleting texts on Gulf oil spill
Wednesday, 11 June 2014 13:46
By Kevin McGill, The Associated Press NEW ORLEANS - A new trial was ordered Thursday for a former BP engineer convicted of deleting text messages related to the 2010 oil spill in the Gulf of Mexico. U.S. District Judge Stanwood Duval threw out Kurt Mix's obstruction-of-justice conviction, saying that remarks a jury forewoman overheard outside of the courtroom influenced the verdict.
BP plc Warns Of “Staggering” Costs From Gulf Of Mexico Payouts
Wednesday, 11 June 2014 01:57
BP (LSE: BP (LSE: BP.L - news) ) (NYSE: BP.US) could be liable for tens of billions of dollars more in fines relating to the Deepwater Horizon oil spill, after the company was sideswiped by federal courts in New Orleans. The court lifted an injunction that had blocked the payment of business claims for economic losses, part of the agreement BP made to settle with victims of the oil spill during 2012.
Why Canadians shouldn't forget the BP Oil Spill
Tuesday, 10 June 2014 01:07
Why Canadians shouldn't forget the BP Oil Spill Dark clouds of smoke spread as oil burns on May 6, 2010 Don't missPipe bursts, spills 50,000 gallons of oil onto Los Angeles streetsEcosystem could take 'decades' to recover from BP oil spillOil spill cleanup underway in Quebec's Lac-Megantic area
US Supreme Court Denies BP Bid to Halt Oil Spill Payments
Sunday, 08 June 2014 11:38
WASHINGTON - The U.S. Supreme Court on Monday turned down a bid by BP to halt making compensation payments linked to the 2010 oil spill in the Gulf of Mexico. Without comment, the top panel rejected an effort by the British energy giant to stop its disbursements, effectively letting stand refusals to do so by lower courts. Under a 2012 settlement, BP (IW 1000/4) agreed to pay out billions of dollars to people and businesses…

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