February 24, 2012
It could be the ultimate case for passing the buck. A massive trial over the 2010 Gulf of Mexico oil spill heads for a New Orleans federal courtroom on Monday, to determine how much BP Plc and others should cough …
February 13, 2012
A U.S. federal judge dismissed a large part of a nationwide lawsuit accusing BP Plc and top executives of fraud for misleading shareholders before and after the 2010 Gulf of Mexico oil spill about the oil company’s ability to respond …
February 9, 2012
BP Plc won a court order to keep references to some previous accidents out of this month’s trial to assess blame for the 2010 Gulf of Mexico oil spill, the oil company’s second victory in as many days to bar …
January 31, 2012
A federal judge on Tuesday said Halliburton Co. is not liable for some pollution claims arising from the 2010 Gulf of Mexico oil spill, setting back BP Plc’s effort to hold other companies responsible for part of the $42 billion …
January 27, 2012
The April 2010 Deepwater Horizon drilling rig explosion and resulting oil spill in the Gulf of Mexico were the key drivers in the 5.1 percent increase in U.S. tort costs in 2010, according to a new report. The 2011 “Update …
January 27, 2012
A federal judge on Thursday said BP Plc must indemnify Transocean Ltd. for some compensatory damage claims over the 2010 Gulf of Mexico oil spill. U.S. District Judge Carl Barbier, who oversees multistate litigation over the spill, agreed with Transocean …
December 6, 2011
BP Plc accused Halliburton Co. of destroying evidence that the oilfield services company did inadequate cement work on the Gulf of Mexico oil well that blew out last year, and asked a federal judge to punish Halliburton. The accusation, in …
November 16, 2011
A federal judge rejected BP Plc’s bid to use insurance coverage from Transocean Ltd to cover costs stemming from last year’s record oil spill in the Gulf of Mexico. Tuesday’s decision by U.S. District Judge Carl Barbier in New Orleans …
November 9, 2011
The companies involved in the worst offshore oil spill in U.S. history are trying to prevent government investigations blaming them for the disaster from being used against them by the people and businesses who are suing them. Billions of dollars …
October 13, 2011
The U.S. offshore drilling regulator Wednesday formally issued sanctions against BP and the major contractors involved in the 2010 explosion on the Deepwater Horizon rig that killed 11 workers and spewed more than 4 million barrels of oil into the …