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Daniel Becnel Jr., speed dialing over a speaker phone, places a call to a lawyer for a defendant in the British Petroleum-Deepwater Horizon rig explosion and oil spill.

“This is the king of torts calling,” he says when he reaches the attorney’s executive assistant.

“Oh,” she says. “Then it must be Danny Becnel.”

Becnel, adjusting his gold-rimmed glasses, nods appreciatively from his mahogany desk strewn with an impressive pile of legal papers. It’s from here, in a French colonial-style office in Reserve, La., population 10,000, that he orchestrated the filing of the first federal lawsuit eight days after the Apr. 20 blowout, and where he tracks the legal squadrons gathering to sue BP and its contractors for claims that experts say could add up to a half-a-trillion dollars or more. About 110 suits have been filed so far, according to Becnel, and dozens more appear to be on the way.

Technorati Tags: Disaster, lawyer

Posted under Oil and Gas News

Daniel Becnel Jr., speed dialing over a speaker phone, places a call to a lawyer for a defendant in the British Petroleum-Deepwater Horizon rig explosion and oil spill.

“This is the king of torts calling,” he says when he reaches the attorney’s executive assistant.

“Oh,” she says. “Then it must be Danny Becnel.”

Becnel, adjusting his gold-rimmed glasses, nods appreciatively from his mahogany desk strewn with an impressive pile of legal papers. It’s from here, in a French colonial-style office in Reserve, La., population 10,000, that he orchestrated the filing of the first federal lawsuit eight days after the Apr. 20 blowout, and where he tracks the legal squadrons gathering to sue BP and its contractors for claims that experts say could add up to a half-a-trillion dollars or more. About 110 suits have been filed so far, according to Becnel, and dozens more appear to be on the way.

Technorati Tags: clouds, drilling, future, spill

Posted under Oil and Gas News

Even as oil continues to gush out of the damaged Deepwater Horizon drilling rig, everyone from Louisiana fisherman to Florida condo owners are already beginning to vie for compensation from oil company BP.

Experts say it could take decades to sort out the claims, and BP executives acknowledge the company will have to spend more than the $75 million cap on that type of liability payment, which was set by the Oil Pollution Act of 1990.

“We believe it is inevitable we will spend more than the OPA suggests settling claims and are willing to do that,” BP spokesman Mark Salt told msnbc.com Monday.

Technorati Tags: claims, damage, gushes

Posted under Oil and Gas News

MIAMI — An apologetic advertising campaign by BP PLC for the oil spill polluting the Gulf of Mexico is going over about as well as the tar balls and rust-colored froth washing ashore in the Florida Panhandle.

The new radio, TV, online and print ads feature BP CEO Tony Hayward pledging to fix the damage caused by an undersea gusher of crude oil unleashed by an April 20 drilling rig explosion that killed 11 people.

The company will honor financial claims and “do everything we can so this never happens again,” he says in the spots.

The ads began appearing last week and have been criticized by President Barack Obama, who said the money should be spent on cleanup efforts and on compensating fishermen and small business owners who have lost their jobs because of the spill.

The ads also don’t thrill residents and visitors of the Gulf Coast, where the oil has blackened some beaches and threatens others. And others say the sentiments come too soon and insincerely.

“Their best advertising is if they get this cap (in place) and they get everything cleaned up. All you’ve got to do is do your job, and that’s going to be plenty of good advertising,” said Grover Robinson IV, chairman of the Escambia County, Florida, Commission, referring to BP’s efforts to place a cap over the gushing pipe and capture the oil.

Technorati Tags: aren’t, Contrite, earning, sympathy

Posted under Oil and Gas News

MIAMI — An apologetic advertising campaign by BP PLC for the oil spill polluting the Gulf of Mexico is going over about as well as the tar balls and rust-colored froth washing ashore in the Florida Panhandle.

The new radio, TV, online and print ads feature BP CEO Tony Hayward pledging to fix the damage caused by an undersea gusher of crude oil unleashed by an April 20 drilling rig explosion that killed 11 people.

The company will honor financial claims and “do everything we can so this never happens again,” he says in the spots.

The ads began appearing last week and have been criticized by President Barack Obama, who said the money should be spent on cleanup efforts and on compensating fishermen and small business owners who have lost their jobs because of the spill.

The ads also don’t thrill residents and visitors of the Gulf Coast, where the oil has blackened some beaches and threatens others. And others say the sentiments come too soon and insincerely.

“Their best advertising is if they get this cap (in place) and they get everything cleaned up. All you’ve got to do is do your job, and that’s going to be plenty of good advertising,” said Grover Robinson IV, chairman of the Escambia County, Florida, Commission, referring to BP’s efforts to place a cap over the gushing pipe and capture the oil.

Technorati Tags: Hayward, spill, won’t

Posted under Oil and Gas News