Search results for: Penalty

537 results

A list of search results

  • 16 January 2015
    Business & Finance, Operations & Maintenance

    The United States District Court for the Eastern District of Louisiana ruled on the issues raised in the Phase 2 trial of the Deepwater Horizon case: the quantification of oil spilled and BP’s source control efforts following the accident. The Court found that 3.19 million barrels of oil were discharged into the Gulf of Mexico […]

  • 22 January 2015
    Business & Finance

    The US Environmental Protection Agency (EPA) has published a penalty policy for assessing civil penalties for violations of the fuel sulphur standards in the US sections of the MARPOL Annex VI emission control areas (ECAs). The policy’s aim is to remove the benefit of non-compliance and to reflect the gravity of the violations. The EPA Penalty […]

  • 20 February 2015
    Exploration & Production, Project & Tenders

    BP’s attempt to reduce a maximum fine for the Deepwater Horizon oil spill under the Clean Water Act has fallen on deaf ears. In a ruling brought by the U.S. District Court Eastern Disctrict of Louisiana, Judge Barbier agreed with the U.S. government’s position that the maximum penalty should be $4,300 per barrel of oil […]

  • 5 April 2017

    Oil and gas firm Furie Operating Alaska will pay the largest Jones Act penalty in the history of the act. Furie was penalized when it transported the Spartan 151 jack-up drill rig from the Gulf of Mexico to Alaska in 2011 using a foreign-flagged vessel. The Jones Act, passed in 1920 prevents foreign-flagged ships from […]

  • 30 September 2016
    Business & Finance

    The US Federal Maritime Commission (FMC) has completed compromise agreements recovering a total of USD 338,000 in civil penalties from one vessel-operating common carrier and six ocean transportation intermediaries.  The companies at issue are Posey International, King Ocean, CL USA, Carlo Shipping International, Sino Connections, Baron Worldwide and China International. The agreed-to penalties resulted from […]

  • 23 November 2017

    Transport Canada has issued three more CAD 6,000 penalties to vessels for alleged non-compliance with a temporary mandatory ship slow down introduced by the government to prevent whale deaths.  Transport Canada has fined multipurpose vessels Azoresborg and Jacqueline C, and the bulker New Shanghai. Shipowners have 30 days to pay the penalty or to ask […]

  • 5 September 2014
    Business & Finance

    Four years after the Deepwater Horizon disaster in the Gulf of Mexico, energy company BP was found guilty of gross negligence and willful misconduct for its role in the spill that cost eleven people their lives. According to the ruling issued yesterday by U.S. District Judge Carl Barbier, BP Exploration & Production (BPXP) is subject to […]

  • 20 January 2015
    Exploration & Production

    A trial is set to begin in New Orleans, Lousiana today, to determine how much BP will pay in Clean Water Act penalties for its role in the 2010 Deepwater Horizon disaster in the U.S. Gulf of Mexico. United States District Court for the Eastern District of Louisiana last week said that for purposes of calculating the maximum […]

  • 20 February 2015
    Business & Finance

    The New Orleans District Judge Carl Barbier has ruled against BP’s appeal to lower the USD 13.7 billion maximum civil fine the company might pay for its involvement in the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, according to Reuters. Back in September, Judge Barbieri found BP guilty of gross negligence and willful […]

  • 4 January 2013
    Business & Finance

    U.S. Senator Mary L. Landrieu, D-La., released the following statement regarding the record $1.4 billion Transocean settlement for its role in the Deepwater Horizon disaster. Transocean will pay $400 million in criminal fines – with $300 million of that going to the Gulf Coast – and $1 billion in Clean Water Act (CWA) penalties. The […]

  • 30 July 2018
    Business & Finance, Rules & Regulation

    Australia increased fines for those polluting the country’s water, according to West of England P&I.

  • 19 September 2017

    Transport Canada has issued another CAD 6,000 penalty to the Canadian Coast Guard ship Sir William Alexander for an alleged non-compliance with the temporary mandatory slow down aimed at preventing whale deaths.  The vessel owner has 30 days to pay the penalty or to ask the Transportation Appeal Tribunal of Canada to review the facts of […]

  • 5 April 2017
    Business & Finance

    An oil and gas company from Alaska has agreed to pay a record USD 10 million civil penalty for violating the Jones Act by using a foreign-flagged vessel to transport a rig from the Gulf of Mexico to Alaska without prior authorization, the US Justice Department said. Furie Operating Alaska, a company whose focus is […]

  • 27 December 2013
    Business & Finance

    The Federal Maritime Commission (FMC) announced compromise agreements reached with two common carriers operating pure car carriers (PCCs) and roll on/roll off (RO/RO) vessels in U.S. inbound and outbound trades. Under these separate agreements, Kawasaki Kisen Kaisha Ltd. (K Line), paid $1,100,000 in civil penalties and Nippon Yusen Kaisha (NYK Line), paid $1,225,000 in penalties. […]

  • 15 September 2017

    Transport Canada has issued a CAD 6,000 penalty to the vessel Petalon for an alleged non-compliance with the temporary mandatory slow down introduced by the country to prevent further whale deaths.  As informed, the vessel owner has 30 days to pay the penalty or to ask the Transportation Appeal Tribunal of Canada to review the facts of the […]

  • 30 June 2015

    The U.S. Supreme Court on Monday rejected bids by BP Plc and Anadarko Petroleum Corp to avoid penalties under federal pollution law in connection with the 2010 Gulf of Mexico oil spill.

  • 1 December 2015
    Exploration & Production

    Anadarko, an independent oil and gas company based in Texas, will pay $159 million for its involvement in the Deepwater Horizon oil spill that happened in April, 2010, in the U.S. Gulf of Mexico. This was revealed in a ruling by the U.S. District Court for the Eastern District of Louisiana on Monday. While the […]

  • 19 August 2009

    The Danish Ministry of Foreign Affairs has signed a bilateral agreement with Kenya. The East African country will prosecute captured pirates of Somali origin, according to international standard of laws. The agreement prohibits the use of death penalty. Denmark, as well as many other countries, does not extradite suspected criminals to countries exercising death penalty.

  • 2 December 2015
    Business & Finance

    The US 5th District Court of Appeals in New Orleans, Lousiana, overseeing the Deepwater Horizon litigation, has set a penalty of USD 159.5 million for the oil major Anadarko, the co-owner and co-lessee of the well. The ruling was issued as part of the Clean Water Act penalty phase. According to the ruling, the Court said that the company […]

  • 16 January 2015
    Exploration & Production

    Ruling on the issues raised in the Phase 2 trial of the Deepwater Horizon case: the quantification of oil spilled and BP’s source control efforts following the accident, United States District Court for the Eastern District of Louisiana found BP was not grossly negligent, reckless, wilful, or wanton in its source control planning. However, the company is still facing a multi-billion […]

  • 9 October 2015
    Business & Finance

    The recent announcement by the U.S. Department of Justice of a proposed USD 20.8 billion out-of-court settlement with BP to resolve charges related to the 2010 Deepwater Horizon oil spill allows the corporation to write off USD 15.3 billion of the total payment as an ordinary cost of doing business tax deduction, according to the U.S. Public Research Interest […]

  • 13 May 2016
    Business & Finance

    The United States Federal Maritime Commission has completed compromise agreements recovering a total of USD 840,000 in civil penalties from five ocean transportation intermediaries. The companies in question are Hecny Shipping, American Global Logistics LLC (AGL), Round The World Logistics (U.S.A.) Corp., Walker International Transportation LLC and Razor Enterprise dba Razor Cargo Services. The agreed […]