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BP oil spill News

05 Apr 2016

US court approves $20 billion BP oil spill settlement

The approval of the deal Monday by the federal district judge in Louisiana took the overall legal process over one of the worst oil pollution cases in history closer to final resolution.

Methane gas lead

26 Feb 2016

California methane gas leak 'largest' in US history: Scientists

The methane leak, detected at the gas company`s Aliso Canyon facility, has been described as an environmental disaster.

British Petroleum

27 Apr 2015

UK government tells BP it would oppose takeover: Reports

The British government has warned oil giant BP that it would oppose a foreign takeover of the company weakened in recent years by the Gulf of Mexico oil spill, media reports said Monday.

24 Feb 2015

BP appeals US judge's ruling on size of Gulf oil spill

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.

05 Sep 2014

BP ''grossly negligent'' in 2010 US spill, fines could be $18 billion

A US judge has decided that BP Plc was “grossly negligent” and “reckless” in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly USD18 billion in fines to more than USD42 billion in charges the company took for the worst offshore environmental disaster in US history.

02 Sep 2014

Halliburton pays $1.1 bn for Gulf of Mexico BP spill

Oil services company Halliburton said Tuesday it would pay a $1.1 billion settlement over its role in the 2010 Gulf of Mexico oil rig blowout that led to the United States` most disastrous oil spill.

28 Jun 2014

BP seeks to recoup ''windfall'' Gulf spill payments

BP said the uncapped settlement could cost USD9.2 billion, higher than its original USD7.8 billion estimate, and that this amount could grow.

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