Posts Tagged ‘deepwater-horizon’
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BP gets its life back

by on November 15, 2012 5:15 pm GMT
BP gets its life backSAN FRANCISCO (MarketWatch) - Two years after a deadly combination of incompetence and negligence sank the Deepwater Horizon oil rig, after unleashing the worst oil spill ever in U.S. waters, after nearly going bankrupt, BP got its life back.It wasn't cheap. Including the $4.5 billion

BP to pay $4.5 billion fine to resolve criminal and securities claims relating to Deepwater Horizon accident

by on November 15, 2012 11:09 am GMT
BP to pay $4.5 billion fine to resolve criminal and securities claims relating to Deepwater Horizon accidentHOUSTON -- BP has reached agreement with the United States government, subject to court approval, to resolve all federal criminal charges and all claims by the Securities and Exchange Commission (SEC) against the company stemming

BBC: BP to get record fine to settle criminal charges over Deepwater Horizon disaster

by Forex Rooton November 15, 2012 8:50 am GMT
BBC: BP to get record fine to settle criminal charges over Deepwater Horizon disasterLONDON -- BP is set to receive a record fine of between $3bn and $5bn (£1.9bn-£3.2bn) to settle criminal charges related to the 2010 Deepwater Horizon disaster, the BBC has learnt.Earlier, BP said

BP, plaintiffs seek approval of $7.8bn spill deal

by on November 8, 2012 6:39 pm GMT
BP, based in London, reached the agreement in March to resolve most private plaintiffs' claims for economic loss, property damage and injuries related to the explosion of the Deepwater Horizon oil rig and subsequent spill, Bloomberg reported.US District Judge Carl Barbier, who granted preliminary approval to the settlement in