Halliburton BP oil spill News

Focus Shifts to BP Following Halliburton Oil Spill Settlement

Halliburton Co.’s agreement to settle most of the lawsuits stemming from its role in the worst offshore oil spill in U.S. history refocuses attention on the still-awaited court ruling that will decide the extent of BP Plc’s liability. U.S. District …

Halliburton Agrees to $1.1 Billion Gulf Oil Claims Settlement

Halliburton Co. agreed to pay $1.1 billion to settle a majority of lawsuits brought over its role in the largest offshore oil spill in U.S. history. The agreement is subject to court approval and includes legal fees, the Houston-based company …

Could Halliburton’s Plea Help BP in Oil Spill LIability Battle?

P Plc appeared to gain an edge in the battle over liability for the 2010 Gulf of Mexico spill on Friday, after Halliburton abandoned one of its arguments that tried to paint the British oil company as unconcerned about well …

BP Executive Says Internal Oil Spill Probe Did Not Weigh Cost Overruns

BP Plc’s investigation of its disastrous 2010 Gulf of Mexico blowout did not address the impact of cost overruns on the well, a BP executive said on Thursday, in the final day of testimony this week in the massive civil …