BP oil spill News

BP Settles Gulf Oil Spill Cross Claims with Halliburton, Transocean

BP Plc has settled with oilfield services provider Halliburton Co. and contract driller Transocean Ltd. cross claims related to the 2010 Gulf of Mexico oil spill, the worst offshore disaster in U.S. history. BP still faces a potential fine of …

Jury Trials OK’d for Medical Lawsuits over BP spill Clean Up

A federal judge in Louisiana has ruled oil spill cleanup workers who sue BP for medical problems that surface later in life have the right to make their case before a jury. The BP oil spill medical settlement reached in …

Ex-BP Engineer Destroyed Gulf Spill Evidence, Jury Told

A former BP Plc engineer deliberately destroyed evidence sought by the U.S. for a probe of the 2010 Gulf of Mexico well explosion and oil spill, a federal prosecutor said at the end of a trial in New Orleans. Prosecutors …

Ex-Halliburton Manager Pleads Guilty in BP Case

A former Halliburton manager pleaded guilty on Oct. 15 to destroying evidence in the aftermath of the deadly rig explosion that spawned BP’s massive 2010 oil spill in the Gulf of Mexico. Anthony Badalamenti, 62, of Katy, Texas, faces a …

BP, Government Spar Over How Much Oil Spilled Into Gulf

Lawyers for BP Plc and the federal government sparred on Monday over the methods competing teams of scientists used to estimate the size of the company’s 2010 oil spill in the U.S. Gulf of Mexico. U.S. District Judge Carl Barbier …

Rebel Claimants in BP Spill Settlement Get Expedited Hearing

A U.S. appeals court will hold an expedited hearing for a small group of claimants in a Gulf spill settlement with BP Plc, with oral arguments set for the week of Nov. 4, the court said on Friday. BP’s settlement …

BP to Ask UK Government to Intervene on Gulf Spill Payments: BBC

British oil company BP wants Prime Minister David Cameron to intervene with the U.S. government over the escalating cost of compensating U.S. companies for the Gulf of Mexico oil disaster in 2010, the BBC reported Thursday. BP is still fighting …

New York City Sues BP for Pension Losses Over 2010 Gulf Oil Spill

New York City said on Friday it sued BP Plc for more than $39 million of losses it claims beneficiaries of the city’s pension funds sustained due to BP’s “misconduct and fraudulent behavior” linked to the 2010 Deepwater Horizon oil …

Florida Becomes 4th State to Sue BP Over Oil Spill

The state of Florida filed a lawsuit last Saturday against British oil company BP and cement contractor Halliburton over the Deepwater Horizon oil spill, becoming the fourth U.S. state to seek damages for the 2010 disaster. The suit, among other …

Halliburton in Talks Over Gulf Oil Spill Settlement, Takes Charge

Halliburton Co. is in talks to settle private claims against it in a trial to determine how blame should be shared for the 2010 Gulf of Mexico spill, the company said on Monday, and it took a $1 billion pretax …