BP News

Ex-Halliburton Manager Pleads Guilty in BP Case

A former Halliburton manager pleaded guilty on Oct. 15 to destroying evidence in the aftermath of the deadly rig explosion that spawned BP’s massive 2010 oil spill in the Gulf of Mexico. Anthony Badalamenti, 62, of Katy, Texas, faces a …

Jury Finds BP Negligent in Texas Emissions Event

BP was negligent and responsible for a 41-day emissions event in 2010 at its Texas City refinery, but there isn’t enough evidence linking the pollution to illnesses, a Galveston jury found Thursday. BP PLC has said that 500,000 pounds of …

BP Oil Well Dumped 4.2 Million Barrels Into Gulf

BP Plc’s doomed Macondo well dumped 4.2 million barrels of oil into the Gulf of Mexico in 2010, a lawyer for the U.S. told a judge who is assessing the size of the spill and how well the company reacted …

BP Wins Review of Challenged Payouts to Gulf Spill Victims

BP Plc persuaded an appeals court to order a re-examination of key terms of the 2010 Gulf of Mexico oil-spill settlement that the company said could have cost it billions of dollars in improper payouts. BP said the program’s administrator, …

BP Wasn’t Prepared for Deepwater Blowout, Professor Testifies

BP Plc wasn’t prepared for a blowout at its deep-water Macondo well in the Gulf of Mexico, a safety expert who studied the 2010 oil spill told a judge who is assessing how well the company reacted to the disaster. …

BP Fights to Shrink Gulf Spill Estimate to Cap Potential Verdict

BP Plc, seeking to reduce potential water pollution fines of as much as $18 billion, will try to convince a judge that less oil spilled in the 2010 Gulf of Mexico disaster than the U.S. claims and that it capped …

BP Battles for Billions in New Gulf Trial Phase

BP will battle to hold down fines that could hit $18 billion in a new phase of the Gulf of Mexico trial that will rule on how much oil it spilled in 2010 and judge its efforts to plug its …

Judge Intervenes as BP Balks at Paying Claims Czar

A federal magistrate has set a Wednesday hearing for BP to justify why it has balked at paying more than $130 million in fees to the court-supervised administrator of its multi-billion dollar settlement with Gulf Coast businesses and residents after …

BP Braced for Legal Long-Haul as Spill Payouts Leap

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 …

BP Asks to Halt Spill Settlement Payments During Freeh Probe

BP Plc asked a federal judge to temporarily halt payments from the court-supervised settlement program set up after the 2010 Gulf of Mexico oil spill while Louis Freeh investigates possible misconduct. BP filed its request for an emergency halt to …