BP settlement News

BP Appeals Costly ‘Gross Negligence’ Oil Spill Ruling

BP Plc challenged a federal judge’s ruling that the company’s exploration unit acted with gross negligence in causing the 2010 Gulf of Mexico oil spill, a decision that exposed the U.K.-based energy company to as much as $18 billion in …

Judge OKs Settlement in BP Gulf Class Action Suit

A federal judge has given final approval to BP’s settlement with a bulk of businesses and individuals who lost money because of the 2010 oil spill in the Gulf of Mexico. BP PLC has estimated it will pay $7.8 billion …

Florida Seeks to Delay Approval of 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 …