Oil spill legal worries still haunt BP investors

Even though BP has sold off $40 billion in assets — mostly for liquidity to pay for oil spill costs — the resumption of a civil trial in New Orleans has stirred up renewed investor anxiety about the possibility of $18 billion in pollution fines.
(Bureau of Safety and Environmental Enforcement)

Independent auditors approved for offshore safety reviews

The Center for Offshore Safety, an industry group developed after the Deepwater Horizon oil spill in 2010 to foster best practices for the industry, has given its approval to three initial auditing organizations for reviewing offshore companies’ safety plans.


Judge won’t dismiss ex-BP engineer’s indictment

A federal judge on Thursday refused to dismiss obstruction-of-justice charges against a former BP engineer accused of deleting text messages and voicemails about the company’s response to its 2010 oil spill in the Gulf of Mexico.
(Dave Martin/AP)

BP fights fed’s oil spill estimates in court

Attorneys for BP and the Justice Department squared off in federal court Monday over how much oil pumped into the Gulf of Mexico in 2010, a pivotal dispute in the trial over the worst oil spill in U.S. history.
Airboat pilot Michael Fabian displays oil on a glove near oil booms and oiled marsh grass in Barataria Bay on the coast of Louisiana, Sunday, June 20, 2010. (AP Photo/Patrick Semansky)

Live: BP battles government over size of Gulf spill

Follow the courtroom play-by-play as oil giant BP faces a fine of up to $18 billion for unleashing the worst offshore oil spill in U.S history.
In this July 11, 2010, file photo, provided by BP, workers onboard the Transocean Discoverer Inspiration deploy the 3 Ram Capping Stack to the Deepwater Horizon BOP in the Gulf of Mexico. (AP Photo/BP, Marc Morrison, File)

BP trial to focus on scientists’ spill estimates

U.S. District Judge Carl Barbier is scheduled to hear three weeks of testimony from dueling experts to help him calculate how much oil spilled into the Gulf — a key factor in determining how much more money BP and its contractors owe for their roles in the deadly disaster.
(Dave Martin/AP)

Judge suspends some BP settlement payments for Gulf spill

U.S. District Judge Carl Barbier on Thursday ordered the claims administrator for BP’s Gulf of Mexico oil spill settlement to suspend payments to certain claimants.
Fire boat response crews battle the blazing remnants of the BP operated off shore oil rig, Deepwater Horizon, in the Gulf of Mexico in 2010. (AFP/Getty Images)

BP victory unclear in court ruling that reverses payment dispute

BP might save “hundreds of millions” after a federal appeals court ruled Tuesday the company could be paying out inflated settlement claims in an ongoing legal battle over who gets what from the worst oil spill in U.S. history.

Appeals court hands BP a win in settlement dispute

A ruling by a divided three-judge panel threw out U.S. District Judge Carl Barbier’s rulings on the dispute between BP and attorneys who brokered the multibillion-dollar settlement .
This image provided by BP's spillcam on June 6, 2010 shows oil leaking out of the Macondo well head in the Gulf of Mexico. (AP file photo/BP)

BP executive: Well could have been sealed sooner

A BP executive who led the company’s efforts to end its massive oil spill in the Gulf of Mexico says its blown-out well could have been sealed sooner if a capping device had been built before the April 2010 catastrophe.