US Judge Approves BP Civil Settlement with US Government over 2010 Spill
U.S. Judge Carl Barbier granted final approval on Monday to BP Plc's civil settlement over its 2010 Gulf of Mexico oil spill after it reached a deal in July 2015 to pay up to $18.7 billion in penalties to the U.S. government and five states.
BP Escapes US Lawsuits Over Post-Gulf Spill Drilling Ban
BP Plc does not have to face U.S. lawsuits by energy and drilling companies over losses they suffered from an offshore drilling ban imposed soon after the 2010 Gulf of Mexico oil spill, a federal judge ruled. U.S.
Anadarko Ordered to Pay $159.5 mln Fine for 2010 Gulf Spill
A federal judge ordered Anadarko Petroleum Corp to pay a $159.5 million civil fine reflecting its stake in the Gulf of Mexico well whose 2010 blowout caused the largest U.S. offshore oil spill. In a decision on Monday, U.S.
BP Settled as Options Dwindled
In early May, with its legal options dwindling and investors impatient, BP Plc saw a chance to negotiate what became a $18.7 billion settlement that ended five years of litigation over the worst offshore oil spill in U.S. history.
BP Reaches $18.7b Settlement Over 2010 Spill
BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history.
BP Settles 2010 U.S. Oil Spill Claims for $18.7 bln
BP Plc has reached a comprehensive $18.7 billion settlement with the U.S. government and five states, a landmark deal that effectively ends years of litigation over environmental damage and human casualties caused by the 2010 Gulf of Mexico spill.
U.S.Appeals Ruling on Size of BP Oil Spill
The U.S. government is appealing a federal court ruling that reduced the potential penalty BP Plc must pay for the 2010 Gulf of Mexico oil spill by almost $4 billion. The appeal, which was filed on Friday in U.S.
Ruling On BP Fine Over 2010 US Spill Months Away
It may be months before a final verdict is issued on the size of the fine BP Plc will pay under the Clean Water Act for its 2010 Gulf of Mexico oil spill, lawyers said on Tuesday after the last phase of the trial ended. U.S.
BP Asks for Lower Fine in Gulf Spill Trial
BP Plc, citing low oil prices, tried to whittle away at $13.7 billion in potential fines under the Clean Water Act on Tuesday as the penalty phase started in its trial over the 2010 Gulf of Mexico oil spill.
BP Pushes to Cut Gulf Spill Penalty
BP Plc will try to whittle away at $13.7 billion in potential fines under the Clean Water Act as the penalty phase starts on Tuesday in its trial over the 2010 Gulf of Mexico oil spill. Several billion…
BP's GoM Spill Fine Capped by Ruling
BP Plc will face a maximum fine of $13.7 billion under the Clean Water Act for its Gulf of Mexico oil spill, several billion dollars less than feared, after a judge ruled that it was smaller than the U.S. government claimed.
US Judge: BP Spill Smaller Than Feared
BP Plc will face Clean Water Act fines for its Gulf of Mexico oil spill of up to $13.7 billion, less than a maximum of $17.6 billion it could have been fined, after a judge ruled on Thursday the size of the spill was 3.19 million barrels.
BP, Anadarko Fail to Win Review of Gulf Spill Fines
BP Plc and Anadarko Petroleum Corp narrowly failed to persuade a U.S appeals court to reconsider its 2014 ruling that they could face civil fines under federal pollution laws over the 2010 Gulf of Mexico oil spill. By a 7-6 vote, the 5th U.S.
Courts Upholds BP 'gross negligence' Gulf Spill Ruling
A U.S. The decision by U.S. District Judge Carl Barbier in New Orleans means BP could still face close to $18 billion of penalties for violating the federal Clean Water Act. It marks the latest setback in BP's effort to curb costs from the April 20…
Judge Rejects BP Bid to Recoup Some Spill Payments
A U.S. judge has ruled that BP Plc cannot recoup what it says were inflated claims paid under a multi-billion dollar settlement program to compensate people hurt by the 2010 Gulf of Mexico oil spill, NOLA.com reported on Wednesday.
BP Can Absorb New Oil Spill Fine Say Analysts
BP should be able to meet the cost of up to $18 billion of new fines for the 2010 Gulf of Mexico oil spill without major asset sales or a big cut in its dividend, analysts say. The oil group's shares dropped nearly 6 percent on Thursday after U.S.
Timeline: BP Oil Spill Litigation
BP Plc was found "grossly negligent" on Thursday by a federal judge in connection with its role in the 2010 Gulf of Mexico oil spill. The decision by U.S. District Judge Carl Barbier in New Orleans, who oversees litigation related to the disaster…
BP 'Grossly Negligent' in 2010 US Spill, Fines Could Be $18b
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…
BP Gulf Spill Trial Set For January
The high-stakes penalty phase of BP's trial over its role in the 2010 U.S. Gulf of Mexico oil spill will start next January, court officials said on Tuesday, and billions of dollars could be on the line.
US Appeals Court, Says BP Bound by Gulf Spill Accord
A divided U.S. appeals court has 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. By a 2-1 vote, the 5th U.S.
