BP oil spill settlement News

BP’s $7.8 Billion Deal May Speed Gulf Spill Payments

The estimated $7.8 billion deal struck by BP Plc with businesses and individuals suing over the massive 2010 Gulf of Mexico oil spill could speed up payments to thousands of claimants and offers lawyers a potential windfall in legal fees. …

BP Oil Spill Trial Delayed for Settlement Talks

The trial to decide who should pay for the 2010 Gulf of Mexico oil spill has been delayed by a week to allow BP Plc to try to cut a deal with tens of thousands of businesses and individuals affected …

Analyst: BP to Agree to $20-25 Billion Gulf Oil Spill Settlement with Justice Dept.

BP is likely to agree to pay the U.S. Department of Justice $20-$25 billion to settle all charges around the Gulf of Mexico oil spill, according to a leading analyst, a prediction that is at least twice what the company …