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...