Gulf oil disaster 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 …

Oil Firms, Regulators Miss Major Accident Indicators: Gulf Spill Report

Transocean and BP, trade associations, and U.S. regulators largely judged the safety of offshore facilities by focusing on routine personal injury and fatality data such as dropped objects and trips and falls when they should have been more focused on …

Florida Seeks to Delay Approval of $7.8 Billion BP Settlement

The Attorney General for the State of Florida has asked a federal court to delay granting preliminary approval of BP Plc’s $7.8 billion settlement with businesses and individuals suing over the massive 2010 Gulf of Mexico oil spill. Attorney General …

Analyst: BP to Agree to $20-25 Billion Gulf Oil Spill Settlement with Justice Dept.

BP is likely to agree to pay the U.S. Department of Justice $20-$25 billion to settle all charges around the Gulf of Mexico oil spill, according to a leading analyst, a prediction that is at least twice what the company …

Court Dismisses U.S. Suit Against BP Executives, Directs Investors to File in UK

Current and former BP executives and directors won dismissal last week of one of several U.S.-shareholder lawsuits filed over last year’s Gulf of Mexico oil spill. A federal court in Houston on Sept. 15 said it was more appropriate that …

U.S. Report on BP Oil Spill Imminent

A U.S. government team investigating last year’s massive Gulf of Mexico oil spill will blame BP and its contractors for mistakes that led to the disaster in a report expected out as early as Wednesday, according to the Wall Street …

Mississippi Sues BP Gulf Oil Claims Fund

Mississippi Attorney General Jim Hood filed a lawsuit Tuesday to force Kenneth Feinberg, administrator of BP’s $20 billion fund for Gulf Coast oil spill compensation, to release documents it says it needs to ensure claimants are adequately compensated. The complaint …

BP Accused of Trying to Limit Gulf Oil Disaster Claims

Authorities will keep up pressure on BP Plc to ensure it fully compensates victims of last year’s Gulf of Mexico oil spill, Florida Republican Senator Marco Rubio said Monday after the company indicated it wants to limit future claims. Last …

Feinberg: BP Gulf Claims Fund ‘Working As Intended’

On the one-year anniversary of the Gulf oil spill, BP Plc is facing challenges to its effort to contain another kind of disaster: mass litigation. The oil giant last June established a $20 billion compensation fund for victims such as …

Gulf Coast Officials Enjoy Spending Spree at BP’s Expense

In the year since the Gulf oil spill, officials along the coast have gone on a spending spree with BP money, dropping tens of millions of dollars on gadgets, vehicles and gear — much of which had little to do …