Kate Sheppard

Kate Sheppard was previously Grist's political reporter. She now covers energy and the environment for The Huffington Post. Follow her on Twitter.

Oil

BP’s still making bank

Looks like the past year hasn’t been so bad after all for BP, which today reported a 16 percent increase in profits over the first quarter of 2010. The company reported $7.2 billion in net earnings — compared to $6.2 billion for the first three months of last year. The company sold off a bunch of assets in order to pay for the Gulf oil disaster, which is how they managed to keep the profits up. BP also hasn’t been drilling in the deepwater since that whole giant oil catastrophe it unleashed last year. But to still report an increase …

Oil

‘BP hasn’t made people whole’

The Gulf oil disaster largely disappeared from the headlines last August, after the well was finally capped and the federal government declared that most of the oil was “gone.” For Gulf coast residents, though, the nightmare was just beginning. A year later, business hasn’t come back for many in fishing and tourism, and the compensation check from BP still hasn’t arrived. In the areas closest to the shores, people are reporting health problems consistent with exposure to chemicals. Dead turtles, dolphins, and fish are still washing ashore. So are tar balls. So while most of the country has moved on, …

Oil

10 reasons to still be pissed off about the BP disaster

BP is gunning to get back to drilling in the Gulf of Mexico. When the Department of Interior issued its first deepwater permit since the Deepwater Horizon disaster, it was for a well that BP owns half of. Earlier this month, company officials also announced that they are seeking an agreement with the U.S. government to resume drilling at their 10 deepwater wells in the Gulf this July, arguing that they will follow tougher safety rules, The New York Times reported earlier this month. This comes even as the government is said to be considering manslaughter charges against the oil giant for the deaths of 11 workers …