Gulf Oil Spill
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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.
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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.
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Trial set to open for Gulf oil spill litigation
Nearly three years after a deadly rig explosion in the Gulf of Mexico triggered the nation's worst offshore oil spill, a federal judge in New Orleans is set to preside over a high-stakes trial for the raft of litigation spawned by the disaster.
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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...
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BP settlements likely to shield top defendants
People and businesses seeking a lump-sum settlement from BP's $20 billion oil spill compensation fund will most likely have to waive their right to sue not only BP, but also all the other major defendants involved with the spill, according to internal documents from the lawyers handling the fund.The documents -- which include e-mails, draft a...
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BP says 'no final decision' on replacing Hayward
BP says that "no final decision" has been made about possible management changes, which apparently include reports that Chief Executive Tony Hayward is on the way out.In a statement to the London Stock Exchange, BP said Monday that no final decision has been made about potential changes to management and the charge for costs related to the Gulf of ...
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After oil spills, hidden damage can last for years
On the rocky beaches of Alaska, scientists plunged shovels and picks into the ground and dug 6,775 holes, repeatedly striking oil - still pungent and dangerous a dozen years after the Exxon Valdez infamously spilled its cargo. (In pic: Fire boats battled a fire at the offshore oil rig Deepwater Horizon on April 21, in the Gulf of Mexico)More...
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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.
-
Trial set to open for Gulf oil spill litigation
Nearly three years after a deadly rig explosion in the Gulf of Mexico triggered the nation's worst offshore oil spill, a federal judge in New Orleans is set to preside over a high-stakes trial for the raft of litigation spawned by the disaster.
-
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 settlements likely to shield top defendants
People and businesses seeking a lump-sum settlement from BP's $20 billion oil spill compensation fund will most likely have to waive their right to sue not only BP, but also all the other major defendants involved with the spill, according to internal documents from the lawyers handling the fund.The documents -- which include e-mails, draft a...
-
BP says 'no final decision' on replacing Hayward
BP says that "no final decision" has been made about possible management changes, which apparently include reports that Chief Executive Tony Hayward is on the way out.In a statement to the London Stock Exchange, BP said Monday that no final decision has been made about potential changes to management and the charge for costs related to the Gulf of ...
-
After oil spills, hidden damage can last for years
On the rocky beaches of Alaska, scientists plunged shovels and picks into the ground and dug 6,775 holes, repeatedly striking oil - still pungent and dangerous a dozen years after the Exxon Valdez infamously spilled its cargo. (In pic: Fire boats battled a fire at the offshore oil rig Deepwater Horizon on April 21, in the Gulf of Mexico)More...
