BP appeal of claims News

BP Calls Witnesses in Fight to Reduce Oil Spill Penalty

It was oil giant BP’s turn on Monday to call witnesses as it made its case for a civil penalty lower than the $13.7 billion the U.S. government is seeking for the 2010 Gulf of Mexico oil spill. The second …

BP Appeals Costly ‘Gross Negligence’ Oil Spill Ruling

BP Plc challenged a federal judge’s ruling that the company’s exploration unit acted with gross negligence in causing the 2010 Gulf of Mexico oil spill, a decision that exposed the U.K.-based energy company to as much as $18 billion in …

Medical Benefits Pact Proceeds After BP Appeal Ends

BP Plc. won the right to move ahead with implementing the medical benefits portion of its $9.2 billion settlement of oil spill claims with Gulf Coast residents after an appeals court dismissed the remaining plaintiffs at their request. Several groups …

Gulf Oil Spill Claims Still Climbing As BP’s Appeal Hearing Opens

The number of claims filed against BP Plc’s oil spill compensation fund has risen by 18 percent over the last six weeks to a total of 195,403, according to the claims website – even though payouts began almost a year …