Keyword: BP oil spill

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BP Could Face New $18 Billion Damages from 2010 US Oil Spill

08.09.2014 - British oil and petrochemicals group BP could be fined more than $18 billion by the US government for its April 2010 Deepwater Horizon oil rig explosion in the Gulf of Mexico...

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Payout Official Set for Surge in BP Spill Claims

17.05.2013 - The deadline for claims against BP in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said on Thursday he is...

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BP to Ask UK Government to Intervene on Gulf Spill Payments

16.05.2013 - British oil company BP wants Prime Minister David Cameron to intervene with the U.S. government over the escalating cost of compensating U.S. companies for the Gulf of Mexico oil...

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Post-spill Performance Costs BP Boss his Share Bonus

07.03.2013 - BP boss Bob Dudley's pay fell by a fifth last year because of performance measures set over a three-year period that began in 2010, the oil-spill year. The company's 2012 annual...

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BP's Profits Down as Oil Spill Trial Looms

05.02.2013 - Shrinking British oil company BP announced quarterly profit down a fifth from a year ago, after it sold assets in preparation for what could be its biggest oil spill payout when...

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Transocean to Pay $1.4 Billion for Role in BP Oil Spill

04.01.2013 - Transocean agreed to pay $1.4 billion to settle U.S. government charges over BP's massive Gulf of Mexico oil spill in 2010 and the rig contractor admitted that its crew on the...

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U.S. Judge Approves Settlement in BP Class Action Suit

23.12.2012 - A U.S. judge on Friday gave final approval to BP's settlement with individuals and businesses who lost money and property in the 2010 Gulf of Mexico oil spill. The order only...

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BP Plans £3.7 Billion Share Buyback

18.11.2012 - BP plans to spend up to 3.7 billion pounds ($5.9 billion) buying back its shares after agreeing last week to pay record criminal penalties over the Deepwater Horizon disaster...