BP lawsuits News

A Decade After Gulf Oil Spill, a New Wave of BP Lawsuits Hits Courts

A new wave of lawsuits against BP is hitting the federal courts nearly a decade after the Gulf oil spill. The new litigation is the result of a court ruling that blocks thousands of people from a medical settlement negotiated …

BP Fears Climate Change Lawsuits in U.S.

After paying more than $65 billion in legal costs for the Deepwater Horizon catastrophe, BP Plc is wary of the risk of lawsuits related to climate change. Chief Executive Officer Bob Dudley raised the topic of class-action lawsuits twice during …

Federal Judge Rules BP Absolved from U.S. Lawsuits Over 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. District Judge …

BP Preparing ‘Vigorously’ As Start of Gulf Oil Spill Lawsuits Nears

BP said it was preparing “vigorously” for lawsuits related to its Gulf of Mexico oil spill, which are due to start later this month, as it unveiled a rise in fourth-quarter earnings boosted by higher oil prices and one-off gains. …