BP News

Ex-Cop’s Wife Charged in Louisiana Spill Claim

The wife of a former New Orleans, La., police officer who pleaded guilty to helping cover up deadly shootings on a New Orleans bridge after Hurricane Katrina was charged Tuesday with submitting a fraudulent claim for money from BP’s oil …

Halliburton Wins Ruling vs BP Over Gulf Oil Spill

A federal judge on Tuesday said Halliburton Co is not liable for some pollution claims arising from the 2010 Gulf of Mexico oil spill, setting back BP Plc’s effort to hold other companies responsible for part of the $42 billion …

BP Emails Reveal Company Veiling Spill Rate

On the day the Deepwater Horizon sank, BP officials warned in an internal memo that if the well was not protected by the blow-out preventer at the drill site, crude oil could burst into the Gulf of Mexico at a …

BP Must Cover Some Transocean Oil Spill Damages

A federal judge on Thursday said BP Plc must indemnify Transocean Ltd for some compensatory damage claims over the 2010 Gulf of Mexico oil spill. U.S. District Judge Carl Barbier, who oversees multistate litigation over the spill, agreed with Transocean …

BP Seen Agreeing to $20-25B Oil Spill Settlement

BP is likely to agree to pay the U.S. Department of Justice $20-$25 billion to settle all charges around the Gulf of Mexico oil spill, according to a leading analyst, a prediction that is at least twice what the company …

BP Oil Spill Payments Stalled Due to Attorney Fees Court Order

Damage payments from the compensation fund for BP’s massive oil spill in the Gulf of Mexico have been stopped temporarily as the fund says it needs time to follow a court order that part of the settlements be set aside …

BP Maintains Stance, Entitled to Payment From Halliburton

BP is reiterating claims first made last April that it is entitled to payment from contractor Halliburton Energy Services for expenses and lost profits resulting from the 2010 Deepwater Horizon offshore oil well disaster. BP’s latest filing was made Monday …

Judge Rules BP Not Negligent in Alaska Spill

A federal judge ruled that BP was not negligent in the case of a 2009 oil spill and did not violate the terms of its probation from an earlier accident thus escaping further punishment. The decision is a victory for …

BP Faces More Citations, Halliburton Responds

BP was hit with five more safety citations from the U.S. government on Wednesday, while it also received the latest legal salvo from a major contractor, as it continues to deal with fallout from last year’s massive oil blowout in …

BP Says Halliburton Destroyed Gulf Spill Evidence

BP Plc accused Halliburton Co of destroying evidence that the oilfield services company did inadequate cement work on the Gulf of Mexico oil well that blew out last year, and asked a federal judge to punish Halliburton. The accusation, in …