Ohio State Attorney General Mike DeWine and the Ohio Petroleum Underground Storage Tank Release Compensation Board file a lawsuit on March 2 against BP – claiming the oil giant “double dipped” when…
Tag: BP
Supreme Court rejects BP appeal
Reuters reports that the U.S. Supreme Court today rejected BP’s challenge to its multibillion-dollar settlement agreement over the 2010 Gulf of Mexico oil spill. The oil giant had complained the agreement allowed…
BP seeks reduction in oil spill fines #nosurprise
BP asked Federal Judge Carl Barbier on Friday to cap its potential oil-spill pollution fines at a maximum of $12.3 billion. Prosecutors have said BP could owe up to $18 billion per…
Court rules BP still liable for damages
The three-judge panel of the 5th U.S. Circuit Court of Appeals rejected arguments made by BP that there were errors in the June 4 ruling by U.S. District Judge Carl Barbier on…
BP announces big discovery in Gulf
BP announced yesterday an oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The discovery well, on Keathley Canyon Block 10, was drilled by operator Chevron on behalf…
Here we go again: BP asks judge to reconsider ruling
Yesterday BP was back in federal court asking that it reconsider the September ruling of Judge Carl Barbier that found the company “grossly negligent” for the 2010 oil spill in the Gulf…
BP can not force settlement dollars be returned
U.S. District Judge Carl Barbier ruled on Wednesday the Gulf Coast businesses won’t have to payback the claims BP paid them as the result of the 2010 Deepwater Horizon oil spill. BP…
BP is not happy
From its website: BP strongly disagrees with the decision issued today by the United States District Court for the Eastern District of Louisiana and will immediately appeal to the United States Court…
Findings of Fact and Conclusion of Law in BP trial
Here is the summary of U.S. District Judge Carl Barbier’s conclusions (a link to the full document is below) The Court’s conclusions relative to the Phase One trial are summarized below: 611….
Judge rules BP acted with gross negligence in 2010 oil disaster
Bloomberg is reporting that U.S. District Judge Carl Barbier had ruled that BP acted with gross negligence in setting off the biggest offshore oil spill in U.S. history, writing his opinion, “BP’s…
BP petitions SCOTUS
British oil giant, BP, petitioned on Friday the U.S. Supreme Court to intervene in its battle over claim payments resulting from the 2010 Deepwater Horizon explosion in the Gulf of Mexico. BP…
BP employees lawsuit over BP oil disaster revived
The 5th U.S. Circuit Court of Appeals in New Orleans revived yesterday a lawsuit in which participants in four BP Plc employee retirement savings plans claimed they were deceived into buying and…