BP Appeal Over ‘Absurd’ Gulf Oil Spill Payouts
Oil giant BP is taking legal action in the US to limit payouts by a fund set up to compensate those affected by the 2010 oil spill in the Gulf of Mexico.
Dirty Blizzard in Gulf of Mexico May Account for Missing Deepwater Horizon Oil
Oil from the 2010 Deepwater Horizon spill acted as a catalyst for plankton and other surface materials to clump together and fall to the sea floor in a massive sedimentation event that researchers are calling a “dirty blizzard.” This phenomenon may explain what happened to some portion of the more than 200 million gallons of spilled oil.
US Government Mulls $16bn Plea Deal For BP over Deepwater – Report
The US government and Gulf Coast states are reportedly considering offering BP Plc a deal under which the company will pay $16bn to settle civil suits stemming from the 2010 Deepwater Horizon disaster.
BP Settlement Still Unresolved As Gulf Oil Spill Trial Date Nears
The U.S. Justice Department and the five Gulf coast states affected by a massive oil spill nearly three years ago have indicated they would like to settle their environmental and economic claims with BP PLC ahead of a trial scheduled to start next week.
Next in BP Spill Saga: Civil Trial Worth Billions
Now that a $4 billion plea deal has resolved BP’s criminal liability for the massive Gulf of Mexico oil spill nearly three years ago, the company will turn its focus to a trial that could potentially cost it billions of dollars more in civil penalties.
BP’s Guilty Plea For 2010 Gulf Spill Approved By Federal Judge
BP PLC closed the book on the Justice Department’s criminal probe of its role in the Deepwater Horizon disaster and Gulf oil spill Tuesday, when a federal judge agreed to let the London-based oil giant plead guilty to manslaughter charges for the deaths of 11 rig workers and pay a record $4 billion in penalties.
Dirty Blizzard Buried Deepwater Horizon Oil
One-third of missing oil from the 2010 Deepwater Horizon spill may be mixed with sea-floor sediments.
Judge Gives Final Approval to BP’s Oil Spill Settlement
A federal judge has given final approval to BP PLC’s settlement with businesses and individuals who lost money because of the 2010 Gulf of Mexico oil spill.
Gulf Oil Spill: Oil-Dispersing Chemicals Had Little Effect On Oil Surfacing
As the Deepwater Horizon incident unfolded, in an effort to prevent the oil from coming to the surface and reaching coastal and marsh ecosystems, chemical dispersants were injected at the wellhead. A new study is the first to examine the effects of the use of unprecedented quantities of dispersants, over such a prolonged period of time in the deep ocean.