BP oil spill fines News

BP Witness Praises Oil Spill Response at Fines Trial

BP Plc “conducted an extraordinarily effective response” to the 2010 Gulf of Mexico spill, the company’s first witness testified Monday as the oil producer sought to minimize potential pollution fines. BP immediately mobilized people and equipment and recovered spilled oil …

BP Argues for Lower Oil Spill Penalty

Last week’s ruling that BP Plc’s Macondo well dumped less oil into the Gulf of Mexico than the U.S. government claimed may trigger a settlement before a decision on the amount it must pay after a trial set to begin …

Judge Trims BP Oil Spill Fine to $13.7B

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 less than feared, after a judge found on Thursday the size of the spill was smaller …

BP, Anadarko Lose Appeal Over Gulf Oil 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 …

U.S. Seeks Up to $18B in Fines From BP Over Gulf Oil Spill

The government wants BP Plc to pay $16 billion to $18 billion in water-pollution fines for the worst offshore oil spill in U.S. history while seeking more than $1 billion from the co-owner of the blown-out well that caused the …

Court Ruling on Well Co-Ownership Could Cost BP, Anadarko Billions in Fines

BP Plc and Anadarko Petroleum Corp. could face billions of dollars in fines after an appeals court ruled they were automatically liable for pollution-law violations as co-owners of the well that blew out and started the 2010 Gulf of Mexico …

Billions at Stake as BP Oil Spill Trial Enters Next Phase

BP will battle to hold down fines that could hit $18 billion in a new phase of the Gulf of Mexico trial that will rule on how much oil it spilled in 2010 and judge its efforts to plug its …

Sen. Rubio: 100% of BP Fines Should Go to Gulf States

Sen. Marco Rubio, R.-Florida,  said he opposes a plan that would give Gulf coast states 80 percent of the fines stemming from the 2010 oil spill because the other 20 percent will be cut up and spent elsewhere, a position …