BP Gulf oil spill News

Texas Lawyer Accused of Fraud in BP Oil Spill Case Acquitted in Mississippi

A prominent Texas lawyer was acquitted on Thursday of charges he made up thousands of fake clients to sue BP Plc for damages that the oil company caused in the 2010 Gulf of Mexico spill, court records show. Mikal Watts …

BP Raises Liability by $5.2 Billion for Deepwater Horizon Spill

BP Plc has raised the total liability from the Deepwater Horizon oil disaster, which triggered the worst offshore oil spill in U.S. history, by $5.2 billion to $61.6 billion before tax. The London-based company expects to take a $2.5 billion …

Federal Judge Rules BP Absolved from U.S. Lawsuits Over Drilling Ban

BP Plc does not have to face U.S. lawsuits by energy and drilling companies over losses they suffered from an offshore drilling ban imposed soon after the 2010 Gulf of Mexico oil spill, a federal judge ruled. U.S. District Judge …

5 Years After Gulf Oil Spill: Is Drilling Engineering Outpacing Safety Again?

Five years after the worst U.S. offshore oil spill, the industry is working on drilling even further into the risky depths beneath the Gulf of Mexico to tap massive deposits once thought unreachable. But critics say energy companies haven’t developed …

Oil from BP Spill Still Present on Alabama Coast: Researchers

A new study says oil from the Deepwater Horizon disaster is still trapped in Alabama’s beaches four years later. The report was released by Auburn University researchers who’ve been studying the BP oil spill since shortly after it occurred. A …

BP Wants Business to Repay ‘Windfall’ Oil Spill Claim Overayments

BP Plc has asked a U.S. judge to direct what it called a “vast number” of businesses to repay hundreds of millions of dollars it says were wrongly awarded as compensation on claims stemming from the 2010 Gulf of Mexico …