Friday, October 20, 2017
Friday, March 11, 2016
BP Won’t Face Moratorium Claims Over Oil Spill, Judge Says
By Margaret Cronin Fisk and Laurel Brubaker Calkins (Bloomberg) — BP Plc won total dismissal of claims by energy and oilfield service companies for losses they blamed on the U.S....
Thursday, July 2, 2015
BP Settlement Leaves Oil Major Open to Growth… Or Takeover
BP's $18.7 billion settlement over the 2010 Gulf of Mexico spill draws a line under years of uncertainty to allow it to focus once again on growth but could make it an acquisition target.
BP Pays Record $18.7 Billion to Settle Gulf Oil Spill Claims
BP Plc will pay a record $18.7 billion to resolve claims by the U.S. and five states along the Gulf of Mexico related to the 2010 oil spill.
Thursday, June 18, 2015
NASA Tests New Oil Spill Detection Equipment During Live Drill Off Norway
Scientists from NASA joined in on Norway’s annual oil spill cleanup exercise in the North Sea this year to test out some new oil detection equipment that could significantly...
Sunday, June 7, 2015
Ex-BP Executive Acquitted of Lying About Size of 2010 Gulf Oil Spill
The highest-ranking BP Plc executive charged in the 2010 Gulf of Mexico oil spill was found not guilty of lying to investigators in a blow to prosecutors as the company awaits word on billions of dollars in potential fines for the disaster.
Tuesday, January 27, 2015
BP Witness Calls Spill Response ‘Extraordinary’ at Fines Trial
By Daniel Lawton and Margaret Cronin Fisk (Bloomberg) — BP Plc “conducted an extraordinarily effective response” to the 2010 Gulf of Mexico spill, the company’s first witness testified Monday as...
Friday, October 3, 2014
Tuesday, September 16, 2014
BP Seeks Access to $750 Million Transocean Spill Insurance
BP Plc, which has paid more than $28 billion for the 2010 Gulf of Mexico oil spill, seeks to get $750 million of that back by convincing a Texas court that a missing comma allows the energy company access to Transocean Ltd.’s insurance policies on the doomed Deepwater Horizon rig.
Thursday, September 4, 2014
BP Found Grossly Negligent In 2010 Gulf Oil Spill
BP Plc acted with gross negligence in setting off the biggest offshore oil spill in U.S. history, a federal judge ruled, handing down a long-awaited decision that may force the energy company to pay billions of dollars more for the 2010 Gulf of Mexico disaster.
Friday, March 21, 2014
BP Partner Anadarko E-Mails Seen Showing Role in Doomed Well
Anadarko Petroleum Corp. officials urged BP Plc to drill deeper into the Gulf of Mexico well that caused the worst offshore oil spill in U.S. history even after BP warned that doing so would be unsafe.
Friday, March 14, 2014
BP Can Again Compete for U.S. Leases and Contracts After Spill
BP Plc won the right to again compete for U.S. contracts and new leases in the Gulf of Mexico, where its massive 2010 oil spill prompted regulators to bar it from new government business.
Wednesday, December 18, 2013
Ex-BP Engineer Found Guilty for Destroying Gulf Spill Evidence
A former BP Plc senior engineer was found guilty of destroying evidence sought by the U.S. in a probe of the 2010 Gulf of Mexico well explosion and oil spill.
Monday, October 7, 2013
BP’s Macondo Well Dumped 4.2 Million Barrels Into Gulf, U.S. Says
BP Plcâ€™s doomed Macondo well dumped 4.2 million barrels of oil into the Gulf of Mexico in 2010, a lawyer for the U.S. told a judge who is assessing the size of the spill and how well the company reacted to the disaster.
Thursday, October 3, 2013
BP’s Well Control Exec Says He Was Unprepared For U.S. Gulf Blowout
By Kathy Finn NEW ORLEANS, Oct 2 (Reuters) – BP’s manager in charge of controlling the Macondo blowout in 2010 was never trained to permanently plug a ruptured oil well...
Monday, September 30, 2013
BP Fights to Shrink Gulf Oil Spill Estimate
BP Plc, seeking to reduce potential water-pollution fines of as much as $18 billion, is trying to convince a judge that less oil spilled in the 2010 Gulf of Mexico disaster than the U.S. claims and that it capped the deep-sea gusher as quickly as possible.
Tuesday, July 9, 2013
Oil Spill Responders on Alert as Gulf of Mexico Platform Suffers Loss of Well Control [UPDATE]
Update: A statement from Talos Energy late Tuesday said that during operations yesterday to permanently plug and abandon their non-producing Ship Shoal 225 B-2 well, salt water containing a small...
Thursday, November 15, 2012
BP Reaches $4.5B Settlement with US DOJ, Pleads Guilty to 11 Felony Charges [UPDATE]
(Bloomberg) — BP Plc reached a settlement with the U.S. government for $4.5 billion that will end all criminal charges and resolve securities claims relating to the worst U.S. oil spill. The...
Friday, October 26, 2012
BP Oil Spill Trial Postponed by Mardi Gras and Football
(Bloomberg) — The trial over liability for BP Plc’s 2010 Gulf of Mexico oil spill was postponed to Feb. 25 so the lawyers won’t lose their accommodations to Super Bowl and Mardi Gras...
Thursday, October 25, 2012
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