Kenneth Feinberg (AP file photo/Josh Reynolds)

Original oil claims boss sides with BP in Supreme Court fight

The man who was in charge of BP’s original oil spill fund has urged the U.S. Supreme Court to require claimants to prove their losses were tied to the 2010 disaster.
(Matthew Lloyd/Bloomberg)

Moody’s outlook on BP debt turns negative after ruling

Moody’s Investors Service changed its outlook on billions of dollars of BP’s corporate debt from stable to negative a few days after a federal court’s ruling in the Deepwater Horizon case.
The Deepwater Horizon oil rig burns after an explosion in the Gulf of Mexico in 2010. (AP Photo/Gerald Herbert, File)

Britain goes to bat for BP in Supreme Court brief

The British government is asking the U.S. Supreme Court to show mercy on BP as the London oil company faces steep costs for the 2010 Gulf of Mexico oil spill.
(AP Photo/Dave Martin, File)

Punitive damages question lingers in BP oil spill case

The question of whether BP can be charged for punitive damages for its role in the 2010 Gulf of Mexico oil spill could compel the Supreme Court to take up the matter, legal experts say.
(AP Photo/Luis Cruz Hernandez)

It’s not just oil, power due to be overhauled in Mexico

Mexico’s landmark energy reforms have mostly been discussed from the perspective of oil and gas production, but industry experts are also hoping the changes will prove transformative for Mexico’s electric power industry.
(AP Photo/Gerald Herbert, File)

Judge rules BP was grossly negligent in oil spill

A federal judge on Thursday ruled that BP’s oil spill in the Gulf of Mexico four years ago was the result of gross negligence or willful misconduct by the London oil company.
(James Nielsen/Houston Chronicle)

Halliburton reaches $1.1 billion Gulf spill settlement

Halliburton said Tuesday it reached a $1.1 billion settlement with a majority of plaintiffs who sued the Houston oil field service company in the wake of the 2010 Gulf of Mexico oil spill.

Hilcorp drops bid to force drilling on holdouts

The Houston-based company had sought to use a 1961 Pennsylvania law to drill under the property of a few holdout landowners in New Bedford, near the Ohio border north of Pittsburgh.

Green Dragon Gas settles with ConocoPhillips for $40 million

Green Dragon Gas Ltd., a Chinese producer of coal-bed methane gas, has agreed to pay ConocoPhillips a $40 million arbitration settlement to end a contract dispute.
(Photo: Sam Howzit/Flickr)

Plaintiffs likely to appeal ruling in BP Atlantis case, lawyer says

An attorney for plaintiffs who sued BP for $256 billion said Thursday he expects to appeal a federal judge’s decision to throw out a lawsuit over alleged safety compliance issues at one of BP’s deep-water production platforms.