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 …
A U.S. judge accepted an agreement by BP Plc to plead guilty for its role in the Deepwater Horizon disaster and pay a record $4 billion in criminal penalties for the worst offshore oil spill in U.S. history. The company …
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 …
BP stands convicted of the biggest corporate crime in U.S. history, based on the scale of its punishment. Moving on will not be easy. Having agreed to pay $4.5 billion and wear the label of felon, the British oil company …
BP Plc will pay a $4 billion penalty and plead guilty to felony misconduct in the Deepwater Horizon disaster that caused the worst offshore oil spill in the country’s history, the company said on Thursday. The company will also pay …
The architects of a proposed class-action settlement of claims spawned by the 2010 oil spill in the Gulf of Mexico are confident it won’t be derailed by thousands of businesses and individuals opting out of the deal. Thursday is the …
BP PLC and the U.S. Justice Department are close to a broad deal that would release the company from additional civil and criminal liabilities arising out of 2010 Deepwater Horizon disaster, the Wall Street Journal reported, citing people familiar with …
A federal judge on Tuesday dismissed claims by BP fuel stations and convenience stores that the 2010 oil spill in the Gulf of Mexico diminished the value of the oil giant’s brand and cost them business. U.S. District Judge Carl …
A Tallahassee, Fla., couple has been charged with submitting false claims to the fund created to compensate victims of the 2010 BP oil spill. The U.S. Attorney’s Office reported Friday that 46-year-old Henry Clyde Barnes and 41-year-old Nadine Barnes face …
The state of Alabama is asking a federal judge to clear the way for a trial against petroleum giant BP over the 2010 oil spill in the Gulf of Mexico. A federal judge in New Orleans has said he is …