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US court rejects BP appeal over Gulf spill losses

Last Updated: Tuesday, March 04, 2014, 09:48

A divided U.S. appeals court on Monday rejected BP Plc`s bid to block businesses from recovering money over the 2010 Gulf of Mexico oil spill, even if they could not trace their economic losses to 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 cites new fraud allegations in spill settlement

Last Updated: Tuesday, August 06, 2013, 10:03

BP has said that it has uncovered new allegations of fraud inside the settlement program that has awarded billions of dollars to Gulf Coast businesses and residents for damage from the company`s 2010 oil spill.

US to get $1.4 bn over Gulf of Mexico disaster

Last Updated: Friday, January 04, 2013, 11:48

Swiss-based Transocean, which owned a rig that blew up in the Gulf of Mexico in April 2010, has agreed to pay the USD 1.4 billion over the environmental disaster, RIA Novosti reported Friday.

Release of key BP oil spill probe expected soon

Last Updated: Wednesday, September 14, 2011, 13:44

The results of a pivotal federal U.S. probe of last year's massive BP (BP.L) oil spill could be released as early as Wednesday, according to a source familiar with the matter.

Gulf of Mexico oil spill toll was huge: Study

Last Updated: Wednesday, March 30, 2011, 18:05

The ecological damage may be 50 times higher than believed, says a study.

BP, firms made risky decisions before spill: Report

Last Updated: Thursday, January 06, 2011, 10:00

A series of decisions to cut costs contributed to the BP oil spill disaster.

US govt blocked scientists on spill estimate: Panel

Last Updated: Thursday, October 07, 2010, 09:22

A commission investigating the response to BP oil spill raps White House.

Gulf oil displaced, killed whale sharks?

Last Updated: Sunday, September 26, 2010, 11:29

If whale sharks have ingested oil, there is a good possibility that they died and sank to the bottom.