Deepwater Horizon News

BP Settlement Relieves Feinberg of Duties; New Claims Process to Start

The man who has paid out billions of dollars to victims of the massive 2010 Gulf of Mexico oil spill has been formally relieved of his duties, and a federal judge has set up a new process to let more …

BP Must Cover Some Transocean Gulf Oil Spill Damages

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 …

BP Sues Halliburton for $42 Billion Over Gulf Spill

BP Plc filed a lawsuit for more than $42 billion against Halliburton, which cemented the blown-out well which caused the Gulf of Mexico oil spill, after claiming a similar sum from rig owner Transocean. Analysts said BP had little chance …

BP Sues Rig Owner Transocean and Maker of Blowout Preventer

On the first anniversary of the Gulf of Mexico oil spill, BP Plc sued Transocean , seeking at least $40 billion in damages and other costs from the owner of the Deepwater Horizon rig. London-based BP also sued Cameron International …