Bp Gulf Of Mexico Oil Spill

• BP Off Hook for Several Billion Dollars in Oil Spill Fines

  A US judge said Thursday energy giant BP faces a maximum fine of $13.7 billion for the 2010 Gulf of Mexico oil spill, a sum reduced by several billion dollars.

• BP 'Grossly Negligent' in 2010 US Spill, Fines Could be $18 Billion

  A U.S. judge has decided that BP Plc was "grossly negligent" and "reckless" in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly $18 billion in fines to more than $42 billion in charges the company took for the worst offshore environmental disaster in U.S. history.

• 2010 Gulf of Mexico Oil Spill: 'BP Was Grossly Negligent'

  A US judge Thursday ruled the massive 2010 Gulf of Mexico oil spill was the result of BP's "gross negligence," potentially subjecting the oil giant to billions in additional penalties.

• US court rejects BP appeal over Gulf spill losses

  A divided US appeals court on Monday rejected BP Plc's bid to block businesses from recovering money over the 2010 Gulf of Mexico oil spill, even if they could not trace their economic losses to the disaster.

• Three years after Gulf spill, BP fights billions in fines

  Three years after a deadly explosion on a BP-leased drilling rig unleashed the worst environmental disaster in US history, the British energy giant is fighting to avoid billions in fines.

• Judge approves $4 billion BP oil spill criminal settlement

  A federal judge on Tuesday approved an agreement for BP PLC to plead guilty to manslaughter and other charges and pay a record $4 billion in criminal penalties for the company's role in the 2010 oil disaster in the Gulf of Mexico.

• Oil companies investigate cause of sheen in Gulf of Mexico

  Oil giant BP is investigating a new sheen in the Gulf of Mexico with a remote-controlled mini-sub but says there is no immediate indication it was the result of a new oil spill.

• BP seeks to resume drilling in Gulf of Mexico

  BP has asked United States regulators for permission to resume drilling in the Gulf of Mexico, two company officials said on Sunday, creating a delicate situation for the Obama administration as it seeks to balance safety concerns with a desire to increase domestic oil production. The petition comes less than 12 months after a rig BP had leased the...

• BP oil spill claims chief says recovery in 3 years

  The Gulf of Mexico should largely recover from BP's oil spill within three years, and all settlement offers to victims who lost revenue from the disaster will be based on that assessment, the administrator of the USD 20 billion compensation fund said today. Attorney Kenneth Feinberg said the Gulf Coast Claims Facility used "various data and expert...

• Report by BP finds several companies at fault in spill

  The oil giant BP spent months this summer trying to contain the gusher of oil on the floor of the Gulf of Mexico. Now BP is trying to contain the legal and financial fallout from the explosion of the Deepwater Horizon.On Wednesday, BP released the results of an internal investigation  that heaped some of the blame on itself, but mostly pointed...

• BP: No oil leaking into the Gulf of Mexico

  British energy giant BP stopped the oil flowing into the Gulf of Mexico for the first time in three months as it began key tests hoping to stem the spill for good.Shortly after BP engineers shut down the last of three valves on a giant new cap placed on the blown-out well, Senior Vice President Kent Wells announced no oil was leaking into the seas....

• Oil spill: The numbers get worse with each look

  New figures for the blown-out well at the bottom of the Gulf of Mexico show the amount of oil spewing may have been up to twice as much as previously thought, according to scientists consulting with the federal government.That could mean nearly 160 million liters to more than 378 million liters of oil have already fouled the Gulf's fragile waters, ...

• US fury at BP stirs backlash among British

  In Britain, investors and politicians are becoming increasingly angry at the blistering attacks from across the Atlantic.

• Efforts in Gulf to limit flow of spill news

  When the operators of Southern Seaplane in Belle Chasse, La., called the local Coast Guard-Federal Aviation Administration command center for permission to fly over restricted airspace in Gulf of Mexico, they made what they thought was a simple and routine request. A pilot wanted to take a photographer from The Times-Picayune of New Orleans to snap...

• Mock BP account on Twitter asked to declare intentions

  With corporate imbroglios now come online parodies - sometimes very popular ones.