BP oil spill claims formula News

Judge Rejects BP Attempt to Remove Oil Spill Claims Chief Juneau

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 Monday. Juneau is in charge of the London-based energy company’s $9.2 …

BP Loses Bid to Recover Oil Spill Overpayments

BPlc can’t recover hundreds of millions of dollars it claims to have overpaid some victims for economic losses from the 2010 Gulf of Mexico oil spill, a U.S. judge said. After the court revised the method for calculating such damages, …

U.K. Government Backs BP in U.S. Over ‘Unreasonable’ Oil Spill Payments

BP Plc got support from the U.K. government in its U.S. court fight over the level of compensation required under a settlement of lawsuits stemming from the 2010 Gulf of Mexico oil spill. The U.K. told U.S. Supreme Court judges …

BP Using Advertising to Fight Gulf Oil Spill Claims Formula

Britain’s BP has stepped up its campaign for a revision of the way compensation for its 2010 Gulf of Mexico oil spill is calculated by placing advertisements in leading newspapers ahead of a July 8 appeal court hearing in the …