Paradyme Systems USA, a privately held R&D firm based in Michigan, announced availability of their patent pending QuantumQuenchTM technology for stopping oil and gas well blowouts of the type that occurred in the 2010 BP disaster. In introducing their technology, …
A federal judge has set an Aug. 26 deadline for court-supervised claims administrator Patrick Juneau to respond to BP’s allegations that it has uncovered new allegations of fraud and conflicts of interest inside a settlement program that has awarded billions …
BP is digging in for a long legal battle over the Gulf of Mexico oil spill, Chief Executive Bob Dudley said on Tuesday after compensation costs soared for a second straight quarter. The payouts, the scale of which BP is …
The medical benefits portion of BP Plc’s settlement over the 2010 Gulf of Mexico oil spill is “substantively unfair” and approval of the accord should be reversed, lawyers opposing the agreement told an appeals court. The settlement, reached last year …
Attempts to limit Gulf Coast oil spill penalty money to coastal restoration in the Louisiana Constitution failed to gain legislative passage for a second year, while disagreements continue over just how tightly the dollars should be restricted. Rep. Simone Champagne, …
Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history. The complaint, filed Friday in U.S. District …
BP has been hit by over 2,200 new lawsuits seeking payback for the 2010 Gulf of Mexico oil spill in the past few weeks as individuals, companies and government bodies rushed to stake their claim before their right to do …
The administrator of BP Plc’s settlement with thousands of people and businesses who sued over the 2010 Gulf of Mexico oil spill urged a federal judge on Monday to end the company’s lawsuit over how he determines damages claims. BP …
BP has asked a federal judge to block a court-appointed administrator from paying Gulf Coast businesses’ claims through a multibillion-dollar settlement over the 2010 oil spill in the Gulf of Mexico. In a court filing Friday in New Orleans, the …
A U.S. civil trial has been set for Aug. 25, 2014, regarding accusations that BP Plc committed fraud by misleading shareholders before and after the 2010 Gulf of Mexico oil spill about its ability to respond to the accident. The …