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Deepwater Horizon

A  2010 file photo shows a sign at a BP  station in London. (AP Photo/Alastair Grant, File)

FERC judge rules against BP in gas manipulation case

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The judge’s decision will be taken up for consideration by FERC’s five-member commission, which will issue a final ruling on the case.
In this April 2010 file photo, oil can be seen in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip, as a large plume of smoke rises from fires on BP's Deepwater Horizon offshore oil rig. (AP Photo/Gerald Herbert, File)

Judge: Local governments, including Houston, will get their BP payments soon

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A federal judge said this week BP has until late August to start processing payments totaling $1 billion to the 400 local governments along the Gulf Coast that were part of the British oil major’s $18.7 billion Deepwater Horizon oil spill settlement inked earlier this month.
BP Plc Results News Conference

BP posts $6.3 billion loss, warns of more layoffs ahead

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BP lost $6.3 billion in the second quarter amid the ongoing oil slump and as it took charges on its recent Deepwater Horizon oil spill settlement with the U.S. government and Gulf states.
Deepwater Horizon

Judge: BP payouts to local entities to start soon for spill

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An order issued Monday by U.S. District Judge Carl Barbier says all of the payments to local governments must be made within 30 days.
In this April 2010 file photo, oil can be seen in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip, as a large plume of smoke rises from fires on BP's Deepwater Horizon offshore oil rig. (AP Photo/Gerald Herbert, File)

BP to settle Deepwater Horizon claims for $18.7 billion

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BP has struck a deal to settle all federal, state and local claims against it for its role in the Deepwater Horizon oil spill for $18.7 billion. It would pay out that sum over 18 years, BP said Thursday.
In this April 2010 file photo, oil can be seen in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip, as a large plume of smoke rises from fires on BP's Deepwater Horizon offshore oil rig. (AP Photo/Gerald Herbert, File)

Supreme court rejects BP, Anadarko appeals over Gulf oil spill fines

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A federal appeals court last year upheld Barbier’s conclusion about BP’s and Anadarko’s liability under the Clean Water Act. The offshore explosion released millions of barrels of oil into the Gulf, the largest spill in U.S. history.
Deepwater Horizon

BP’s Gulf spill toll could run up to $68.2 billion

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The cost estimate means the remaining legal aftermath of the Deepwater Horizon oil spill, which includes impending environmental fines and settlement payments, could run up another $16 billion to $24 billion as the tangle of litigation around the spill unfolds for the next few years.
Deepwater Horizon

Midnight deadline approaches for oil spill settlement claims

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Claims administrator Patrick Juneau says there has been an uptick in the number of filings as the deadline approached. He said claims centers in Florida, Mississippi, Alabama, Louisiana and Texas will be open until midnight to handle claims.
In a Nov. 28, 2012 file photo, David  Rainey, center, a former BP vice president during the Deepwater Horizon oil rig explosion, leaves Federal Court in New Orleans. Rainey was acquitted of one charge of lying to federal investigators on June 5, 2015. (AP Photo/Matthew Hinton, File)

Ex-BP executive Rainey found not guilty of making false statement

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A federal jury has found a former BP executive not guilty of making false statements to investigators in connection with the 2010 Gulf of Mexico oil spill.
(AP Photo/Gerald Herbert, File)

Prosecution: Former BP exec lied to oil spill investigators

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Defense attorneys countered Tuesday that prosecutors are trying to convict David Rainey based on an interview conducted a year after the spill.