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BP appeals judge's interpretation of settlement terms resulting from spill
April 4, 2013 by Keith Herting
British Petroleum (BP) filed an appeal Wednesday contesting the March 5 order of the US District Court for the Eastern District of Louisiana which approved the methods being used to calculate losses by the administrator of the $8.5 billion settlement fund which was created following the 2010.... [more]
BP settlement administrator urges judge to dismiss suit over damages determination
April 2, 2013 by Julie Deisher
The court-appointed administrator responsible for determining and paying out damages to individuals affected by the 2010 Deepwater Horizon oil spill, on Monday asked the US District Court for the Eastern District of Louisiana to dismiss a lawsuit by British Petroleum (BP) over how damage claims.... [more]
BP Gulf oil spill trial opens
February 25, 2013 by Peter Snyder
Trial began Monday in the US District Court for the Eastern District of Louisiana between individuals affected by the 2010 Deepwater Horizon oil spill and British Petroleum (BP). The other corporations involved are the rig owner Transocean Ltd. and well cement services provider Halliburton Co...... [more]
Federal judge rules BP not liable for 810,000 barrels of oil deemed collected
February 20, 2013 by Keith Herting
A judge for the US District Court for the Eastern District of Louisiana on Tuesday ruled that 810,000 barrels of oil collected by British Petroleum (BP) immediately following the 2010 Deepwater Horizon oil spill will not be used in calculations to determine damages under the Clean Water Act (CWA).... [more]
Federal judge accepts BP guilty plea, approves $4 billion oil spill settlement
January 30, 2013 by Maureen Cosgrove
A judge for the US District Court for the Eastern District of Louisiana on Tuesday accepted a plea agreement between British Petroleum (BP) and the US Department of Justice (DOJ) for the company's role in the 2010 Deepwater Horizon oil spill. US Attorney General Eric Holder announced that BP.... [more]
Federal judge approves final class settlement order in BP oil spill case
December 22, 2012 by Keith Herting
A judge for the US District Court for the Eastern District of Louisiana on Friday gave final approval to a settlement between British Petroleum (BP) and those who experienced economic and property loss stemming from the 2010 Deepwater Horizon oil spill. The $7.8 billion settlement marks the final.... [more]
BP executive, supervisors plead not guilty to criminal charges
November 29, 2012 by Rebecca DiLeonardo
Two well-site supervisors and one former executive of British Petroleum (BP) pleaded not guilty in US federal court on Tuesday to criminal charges stemming from the 2010 Deepwater Horizon oil spill. The two supervisors, Robert Kaluza and Donald Vidrine, are each charged with manslaughter in.... [more]
Holder announces record $4.5 billion settlement with BP over Gulf oil spill
November 15, 2012 by Brandon Gatto
US Attorney General Eric Holder announced Thursday that British Petroleum (BP) has agreed to pay a record $4.5 billion in penalties and to plead guilty to felony misconduct for its role in the devastation caused by the 2010 Deepwater Horizon oil spill. Holder emphasized that the settlement.... [more]
BP and Gulf oil spill plaintiffs urge federal judge to approve settlement agreement
November 9, 2012 by Sarah Posner
The US District Court for the Eastern District of Louisiana on Thursday heard arguments regarding approval of a class-action settlement agreement between British Petroleum (BP) and various individuals and businesses affected by the 2010 Deepwater Horizon oil spill. Attorneys on both sides urged.... [more]
Russia court orders BP to pay $3.1 billion in damages
July 27, 2012 by Dan Taglioli
Russia's Federal Arbitration Court in Tyumen on Friday ordered British Petroleum (BP) to pay 100 billion rubles (US$3.1 billion) in damages to TNK-BP, BP's 50-50 joint venture with Alfa Access Renova (AAR), a consortium representing four Russian billionaire tycoons. Minority shareholders of TNK-.... [more]
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