Plaintiffs attorneys at a civil trial in New Orleans federal court are trying to show BP’s Gulf spill report was self-serving and designed to shield the company from billions of dollars in damages. More »
The undersea well that blew out and led to the worst offshore oil spill in U.S. history was a kettle waiting to explode weeks before the disaster, a well design expert testified Wednesday. More »
British oil giant BP had identified a deep-water blowout in the Gulf of Mexico as a “high-level” risk prior to the 2010 oil spill, the former chief representative of the company’s U.S. operations testified Tuesday at a civil trial over the disaster. More »
In the response to what could have been another disaster in the Gulf of Mexico, we see an example of how companies ought to react. More »
Promises BP made to its investors drove the company’s decisions to choose speed over safety, a lawyer for plaintiffs suing the British oil giant said as a civil trial began Monday. As a result, BP rushed its Gulf of Mexico well, leading to the 2010 oil spill disaster. More »
As of Sunday evening, the trial in federal court in New Orleans was moving forward as scheduled and no deal had been reached, according to people familiar with the matter.
BP’s own statements, and analyses prepared by people it hired, may make it difficult to defend itself against billions of dollars more in penalties related to the 2010 Gulf of Mexico oil spill. As a civil trial is set to get under way in federal court Monday in New Orleans over a web of litigation related to the disaster, the U.S. government believes it has an ace in the hole – the British oil giant itself.
A federal judge in New Orleans has approved a $1 billion civil settlement between the U.S. government and Swiss drilling contractor Transocean over liability related to the 2010 Gulf of Mexico oil spill disaster. More »
In an agreement with the U.S. government, BP’s maximum penalty was reduced from $21 billion to $17.6 billion in a civil case related to the 2010 Gulf of Mexico oil spill disaster. The trial is scheduled to begin next week. More »
The owner of the deep-water rig that exploded and sank in the Gulf of Mexico nearly three years ago after an undersea well blew out is now the second company to be convicted of a crime stemming from the deadly disaster. More »
BP is preparing for battle with the U.S. government as it steps up its efforts to defend itself against up to $21 billion in civil fines that it could face in connection with the 2010 Gulf of Mexico oil spill. More »
It’s Transocean’s turn in the penalty box. More »