Troubled oil company, British Petroleum (BP) has got another shocker. The Obama administration has imposed a fine of $5.2 million on the company for misreporting about the amount energy production that takes place on an Indian reserved area in Colorado. As per the Interior Department, BP had given false reports about the royalty rates that it charges for natural gas in the Southern Ute.
The first hurricane storm in the Atlantic named Alex has hit the clean up efforts of BP for the oil spill in the Gulf of Mexico.
The hurricane Alex has upgraded from a tropical storm status in late last night and is now expected to hit the coasts of Mexico and Texas later on today. This storm is expected to stop the clean up efforts for next several days to come.
A judge of a federal court of US has lifted the ban over the deepwater oil drilling in the Gulf of Mexico. US President Mr. Barack Obama had applied the six-month ban in a response to the huge BP oil rig explosion.
The judge has apprehended that such a lengthy ban is not justified and invalid because the ban has a very negative impact on local business.
It has been claimed that the huge devastating BP Deepwater Horizon oil spill explosion in the Gulf of Mexico had been triggered by the leaking of the oil rig's safety apparatus that had begun several weeks prior to the explosion. This has been said by an oil worker, who was able to escape the explosion.