Bp Gulf Oil Spill

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  US Announces $20 Billion Resolution With BP Over 2010 Oil Spill

  The United States on Monday announced a more than $20 billion settlement of federal and state claims against BP PLC over its deadly Gulf of Mexico oil spill five years ago.

• BP Misses Q2 Profit Forecast on Spill Charge

  BP's second-quarter profits missed expectations on Tuesday after the British oil and gas company took a $9.8 billion pretax charge related to a settlement of the 2010 Gulf of Mexico spill.

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  BP to Pay $18.7 Billion for Deepwater Horizon Oil Spill

  An $18.7 billion settlement announced Thursday of all federal, state and local claims against the oil giant BP arising from the 2010 Gulf of Mexico oil spill would be the largest environmental settlement.

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  BP Reaches $18.7 Billion Settlement over Deadly 2010 Spill

  The agreement adds to the $43.8 billion that BP had previously set aside for criminal and civil penalties and cleanup costs.

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  BP Wins Right to Appeal Some Gulf Spill Damages Claims

  A US federal appeals court said on Friday that BP Plc deserves the right to appellate review of some damage claims awarded to people and businesses in connection with the 2010 Gulf of Mexico oil spill.

• BP Off Hook for Several Billion Dollars in Oil Spill Fines

  A US judge said Thursday energy giant BP faces a maximum fine of $13.7 billion for the 2010 Gulf of Mexico oil spill, a sum reduced by several billion dollars.

• BP 'Grossly Negligent' in 2010 US Spill, Fines Could be $18 Billion

  A U.S. 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 $18 billion in fines to more than $42 billion in charges the company took for the worst offshore environmental disaster in U.S. history.

• 2010 Gulf of Mexico Oil Spill: 'BP Was Grossly Negligent'

  A US judge Thursday ruled the massive 2010 Gulf of Mexico oil spill was the result of BP's "gross negligence," potentially subjecting the oil giant to billions in additional penalties.

• US court rejects BP appeal over Gulf spill losses

  Monday's decision is a setback for BP's effort to limit payments over the April 20, 2010, explosion of the Deepwater Horizon drilling rig and rupture of BP's Macondo oil well.

• US court rejects BP appeal over Gulf spill losses

  A divided US appeals court on Monday rejected BP Plc's bid to block businesses from recovering money over the 2010 Gulf of Mexico oil spill, even if they could not trace their economic losses to the disaster.

• Three years after Gulf spill, BP fights billions in fines

  Three years after a deadly explosion on a BP-leased drilling rig unleashed the worst environmental disaster in US history, the British energy giant is fighting to avoid billions in fines.

• BP accepts role in spill at trial, aims to spread blame

  After hearing claims that BP Plc put profits above safety in the first day of court testimony over the 2010 Gulf of Mexico disaster, a senior executive for the oil company insisted the blame should be shared.

• High-stakes trial begins for 2010 Gulf oil spill

  A trial has started for the high-stakes case against BP and other companies involved in a deadly rig explosion that spawned the 2010 oil spill in the Gulf of Mexico.

• US plans $16 billion Gulf spill settlement with BP

  US authorities plan to propose a $16 billion settlement to British energy giant BP for civil claims related to the disastrous 2010 oil spill in the Gulf of Mexico, a media report said.

• BP profit drops 79 per cent in Q4 on oil spill settlement

  Oil and gas giant BP's profit fell nearly 80 per cent in the fourth quarter in results released Tuesday, dragged down by payouts related to the Gulf of Mexico oil spill.