Category: Gulf oil spill

BP asks judge to cap spill penalties at $12 billion

BP wants a federal judge to cap its potential oil-spill pollution fines at a maximum of $12.3 billion, a move that would cut away nearly a third of the penalties U.S. prosecutors are seeking for the Deepwater Horizon disaster.  More »

Judge denies BP request to oust oil spill claims boss

A federal judge on Monday refused to oust the claims administrator in charge of dispensing BP’s oil spill settlement money to Gulf Coast claimants, despite BP’s criticisms in recent months.  More »

Court reaffirms BP is liable in Gulf oil spill

BP is facing $18 billion in penalties stemming from the 2010 oil spill.  More »

Commentary: Is the Deepwater Horizon movie a good idea?

The movie based on the BP Deepwater Horizon oil disaster starring Mark Wahlberg is set for release Sept. 30, 2016.  More »

Key testimony in BP oil spill ruling wasn’t excluded, DOJ says

That evidence played prominently in the judge’s finding that BP, owner of the Macondo well, was grossly negligent, a ruling that raises the stakes for the oil major  More »

Supreme Court denies Louisiana lawsuits against BP

The Supreme Court rejected an appeal Monday from 11 Louisiana parishes that wanted to revive their lawsuits over wildlife damage from the BP oil spill in the Gulf of Mexico in 2010.  More »

Oil spill claims boss rebuts BP’s bid to remove him

The Louisiana lawyer in charge of dispensing BP’s oil spill settlement responded to the company’s request to remove him from the post, saying BP knew when he was appointed that he previously had represented the state in spill claims.  More »

Treasury clears way for oil spill recovery grants

A Treasury Department statement says that, so far, the trust fund has $653 million. That figure is expected to grow by billions.  More »

BP has “buyer’s remorse” over spill deal, opponents tell Supreme Court

BP wants the Supreme Court to review a multibillion-dollar settlement relating to the 2010 Gulf of Mexico oil spill because the company now regrets making the deal, plaintiff’s lawyers say in asking the high court to reject BP’s motion.  More »

Freeh says Alabama man should return Gulf claim money

Former FBI leader Louis Freeh contends most of the 2009 revenue came not from seafood harvesting, but from marine debris cleanup work,  More »

Gulf spill consortium gets new head

The organization was created in the wake of 2010′s Deepwater Horizon disaster, and counts BP, ExxonMobil, Chevron and other companies in its membership.  More »

Spill claims boss says he’s closely following BP settlement rules

The Louisiana claims administrator that BP says is too loose with its oil spill settlement money has struck back.  More »

BP swipe at “reckless” ruling hinges on challenge to Halliburton expert

BP’s attempt to unravel a verdict that its recklessness caused the Deepwater Horizon oil spill hinges on its legal and scientific challenge to the testimony of one expert and its bid to cast more blame for the disaster on cement contractor Halliburton.  More »

BP asks court to revise findings or grant new trial

BP wants a a federal judge to change his findings that it was reckless in the days before the 2010 Gulf of Mexico oil spill or grant it a new trial.  More »

U.S., U.K. securities suits against BP move forward

BP failed to persuade a Texas federal judge to dismiss several lawsuits brought by U.S. and U.K. institutional investors who claim the London oil company misled them about the impact of the Deepwater Horizon oil spill.  More »
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