BP Plc isn’t covered under Transocean Ltd.’s insurance policies for the undersea well blowout that caused the 2010 Gulf of Mexico disaster, the Texas Supreme Court said, blocking the oil company’s access to $750 million for spill costs. The decision …
The government wants BP Plc to pay $16 billion to $18 billion in water-pollution fines for the worst offshore oil spill in U.S. history while seeking more than $1 billion from the co-owner of the blown-out well that caused the …
BP Plc lost a bid to remove Patrick Juneau, the claims administrator overseeing payouts for the 2010 Gulf of Mexico spill, according to a New Orleans federal court ruling today. Juneau is in charge of the London-based energy company’s $9.2 …
BP has asked a federal judge to reconsider a ruling that could cost the oil giant around $18 billion in additional fines stemming from the 2010 Deepwater Horizon oil rig explosion. Attorneys for BP PLC say in a motion filed …
BP Plc, which already has paid more than $28 billion for the 2010 Gulf of Mexico oil spill, seeks to get a $750 million chunk of that back by convincing a Texas court that a missing comma may give the …
Houston and Harris County officials have been flooded with thousands of emails from BP and its employees over the past few weeks encouraging them to drop a lawsuit over the 2010 Deepwater Horizon Oil Spill. Some have speculated the emails …
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 …
BP Plc must pay potentially hundreds of millions of dollars in claims after the U.S. Supreme Court refused to halt disputed payments stemming from the 2010 Gulf of Mexico oil spill. Rejecting a request from BP, the justices today said …
A federal appeals court says BP PLC and a minority partner in the blown-out Macondo well cannot avoid Clean Water Act fines for the 2010 oil spill by blaming another company’s failed equipment. The 5th U.S. Circuit Court of Appeals …
BP Plc faces billions of dollars in additional payments after failing to convince an appeals court that the company is being forced to pay claims that aren’t directly related to the 2010 Gulf of Mexico oil spill. A three-judge panel …