BP oil spill claims News

Claims, Oil and Resentments Linger Four Years After BP Oil Spill

Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from BP that the crisis is over. Jules Melancon, the last …

Appeals Court to Fast-Track BP’s Bid to Halt Gulf Oil Spill Payments

BP Plc’s bid to block economic-loss payments tied to the 2010 Gulf of Mexico oil spill unless the claims can be directly linked to the disaster won fast-track consideration by an appeals court. The London-based company said last week that …

Court Grants BP Review of Disputed Claims Paid to Gulf Oil Spill Victims

BP Plc persuaded an appeals court to order a re-examination of key terms of the 2010 Gulf of Mexico oil-spill settlement that the company said could have cost it billions of dollars in improper payouts. BP said the program’s administrator, …

BP Opposes Using Spill Settlement to Pay Drilling Moratorium Losses

BP Plc’s oil-spill claims administrator shouldn’t be allowed to extend a settlement to cover the claims of losses caused by the Obama administration’s deep-water drilling ban, the company told a court. Lawyers for businesses claiming harm from the 2010 spill …

Probe Clears BP Oil Spill Claims Chief But Finds Staff Misconduct

An investigation led by former FBI Director Louis Freeh cleared the BP claims administrator of misconduct in handling settlement payouts from the 2010 oil spill in the Gulf of Mexico on Friday, but found some of his staff took kickbacks …

BP Oil Spill Claims Deadline Likely to Be Extended

The April 2014 deadline for compensation claims against BP over its U.S. oil spill is almost certain to be extended, say both side of the legal settlement that governs payouts, possibly into 2015. The last date for claims, part of …

BP Ordered to Pay $130M Operating Costs of Gulf Oil Spill Claims Program

BP Plc must pay $130 million to a court-appointed administrator overseeing payments to thousands of people who claimed they were hurt by the 2010 Gulf of Mexico oil spill, a federal judge ruled on Wednesday, in a fresh legal setback …

BP Sees No Quick Settlement in Oil Spill Case; Latest Cost Estimate at $42.4B

BP is digging in for a long legal battle over the Gulf of Mexico oil spill, Chief Executive Bob Dudley said on Tuesday after compensation costs soared for a second straight quarter. The payouts, the scale of which BP is …

Judge Denies BP Bid to Halt Oil Spill Claim Payments

A federal judge denied BP Plc’s attempt to suspend payments to people and businesses claiming damages related to the 2010 Gulf of Mexico oil spill, while an investigator —— former FBI Director Louis Freeh— looks into possible misconduct in the …

BP Wants Gulf Oil Spill Claim Payments to Stop Until Probe Complete

BP Plc asked a federal judge to temporarily halt payments from the court-supervised settlement program set up after the 2010 Gulf of Mexico oil spill while Louis Freeh investigates possible misconduct. BP filed its request for an emergency halt to …