BATON ROUGE, La. — Louisiana will get nearly $215 million in BP oil spill money for two projects planned to restore more than 4,600 acres of marsh and other habitat in the New Orleans area, Gov. John Bel Edwards said. …
NEW ORLEANS — Ten years after an oil rig explosion killed 11 workers and unleashed an environmental nightmare in the Gulf of Mexico, companies are drilling in deeper and deeper waters, where payoffs can be huge but risks are greater …
WASHINGTON — The U.S. Supreme Court on Monday agreed to a hear a bid by a unit of British oil major BP Plc to avoid a lawsuit by private landowners in Montana seeking to force the company to pay for …
From 5,000 feet up, it’s difficult to make out where Louisiana’s coastline used to be. But follow the skeletal remains of decades-old oil canals, and you get an idea. Once, these lanes sliced through thick marshland, clearing a path for …
BP Plc said it agreed to pay $175 million to settle claims by U.S. investors that its managers lied about the size of the 2010 Gulf of Mexico oil spill to prop up its stock price, removing the company’s last …
A federal court has ordered repayment of more than $1.6 million in claim money paid to an Alabama couple’s business after BP’s 2010 Gulf Oil Spill. U.S. District Judge Carl Barbier’s order says the payment to Vision Design Management “was …
BP has been complaining for a long time that many claims filed after its April 2010 oil spill in the Gulf of Mexico were phony. Now there’s more evidence to back that up. BP has admitted fault in connection with …
Attorneys for BP told a federal appeals court last week that the company should be able to seek restitution of some of the money it paid in economic damage claims to businesses and individuals under a settlement arising from the …
BP has abruptly switched legal strategies—again—in the multibillion-dollar liability fight stemming from the April 2010 Gulf of Mexico oil spill. The company dropped a campaign to oust a settlement administrator it had accused of tolerating waste and fraud. The move …
BP Plc on Monday appealed a federal judge’s finding of the size of the 2010 Gulf of Mexico oil spill, which leaves the company potentially liable to pay $13.7 billion in fines. In January, U.S. District Judge Carl Barbier in …