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BP seeks to recoup ''windfall'' Gulf spill payments

Last Updated: Saturday, June 28, 2014, 09:33

BP said the uncapped settlement could cost USD9.2 billion, higher than its original USD7.8 billion estimate, and that this amount could grow.

Nicolas Cage to play disgraced Congressman in `The Runner`

Last Updated: Sunday, May 18, 2014, 10:52

Actor Nicolas Cage is set to play Colin Price, a New Orleans congressman dealing with the aftermath of sex scandal and BP oil spill, in `The Runner`.

Wildlife still suffers four years after BP oil spill

Last Updated: Wednesday, April 09, 2014, 09:58

Birds, fish, dolphins and turtles are still struggling in the Gulf of Mexico, four years after the worst oil spill in US history, a leading wildlife group said today.

US ends contract ban on BP

Last Updated: Friday, March 14, 2014, 09:25

The United States announced Thursday an end to its ban on BP obtaining government contracts following the 2010 Deepwater Horizon disaster, the worst oil spill in US history.

US appeals court affirms BP settlement in 2010 Gulf oil spill

Last Updated: Saturday, January 11, 2014, 10:44

BP had supported the settlement agreement leading up to the December 2012 ruling by U.S. District Court Judge Carl Barbier approving it. But the company has since argued the administration of the settlement is faulty because it allows claimants without actual damages to join in.

BP Gulf oil spill still killing dolphins

Last Updated: Wednesday, January 01, 2014, 11:40

A new study has revealed that BP gulf oil spill is still influencing dolphin mortality, prognosis and reproductive health.

Court rejects BP bid to require proof of Gulf oil spill losses

Last Updated: Wednesday, December 25, 2013, 10:19

BP Plc has failed to persuade a federal judge to require businesses seeking to recover money over the 2010 Gulf of Mexico oil spill to provide proof that their economic losses were caused by the disaster.

BP engineer guilty of obstructing oil spill investigation

Last Updated: Thursday, December 19, 2013, 02:27

A drilling engineer for British oil giant BP was found guilty Wednesday of destroying text messages in his smartphone, obstructing the investigation into the 2010 Gulf of Mexico oil spill.

BP wins reprieve over Gulf spill payouts: US appeals court

Last Updated: Thursday, October 03, 2013, 09:32

BP Plc won a legal reprieve in its effort to force the administrator of a settlement related to the 2010 Gulf of Mexico oil spill to tighten standards in assessing claims, potentially sparing the oil company billions of dollars of extra costs.

BP tells court it did not dither in response to US Gulf spill

Last Updated: Wednesday, October 02, 2013, 11:20

BP Plc unnecessarily delayed the capping of its Macondo well and worsened the extent of the 2010 Gulf of Mexico oil spill through dithering and indecision, according to allegations by plaintiffs' lawyers on Tuesday that the British company denied.

BP lied about size of US Gulf oil spill: Lawyers

Last Updated: Tuesday, October 01, 2013, 15:40

In the frantic days after the 2010 Gulf of Mexico oil spill, BP lied about how much oil was leaking from its Macondo well and took too long to cap it, plaintiffs' lawyers said on Monday at the opening of the second phase of the company's trial.

BP oil disaster case settled at $4 bn

Last Updated: Wednesday, January 30, 2013, 23:48

Eleven workers died when BP's Macondo oil well blew out, triggering an explosion on the drilling rig April 20, 2010.