bp oil spill

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BP waves the white flag, asks for help from the Prime Minister

May 16, 2013
BP said they were just trying to make it for easier for claimants, but now they're in over their heads.
Posted In: bp oil spill, BP
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A controversy over how Deepwater Horizon cleanup funds are being spent

May 7, 2013
Last week, BP and five coastal states affected by the Deepwater Horizon spill announced $594 million in projects funded by BP for early restoration of the Gulf. A lot of the money is being spent on stuff not related to the spill at all, especially on repairing damage from various hurricanes.
Posted In: bp oil spill, deepwater horizon
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BP oil spill settlement window may be closing

Mar 4, 2013
As the second week of testimony begins in BP's civil trial for damages in the Gulf oil spill, a settlement is still possible. Once evidence is presented in earnest, though, lines harden and chances diminish.
Posted In: BP, bp oil spill
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BP oil spill lawsuit could get messy

Feb 25, 2013
The civil suit will determine the degree of BP's responsibility for the oil spill two years ago, which will help determine the size of damages.
Posted In: BP, bp oil spill, Gulf of Mexico
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BP pleads guilty in oil spill lawsuit

Jan 29, 2013
BP signs off on a plea over the 2010 Deepwater Horizon oil spill. But this won't be the end of legal troubles for the company.
Posted In: BP, bp oil spill
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BP banned from doing business with U.S. government

Nov 28, 2012
The ban means BP will not be able to receive government contracts, loans or grants -- at least for a while.
Posted In: BP, bp oil spill, Oil, U.S.
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BP: Too big to nail?

Nov 16, 2012
After agreeing to pay the U.S. government $4.5 billion to settle criminal charges stemming from the Gulf oil spill, BP could face even higher civil penalties. Is such grave punishment in the government's best interest?
Posted In: BP, bp oil spill, settlement
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BP to cop to criminal charges in Gulf oil spill

Nov 15, 2012
BP to pay $4.5 billion to settle criminal charges related to Deepwater Horizon. But what does it mean when a company is a felon?
Posted In: BP, bp oil spill
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BP: 'There will be blood'

Nov 15, 2012
British oil giant BP could face a record fine for the Deepwater Horizon oil spill in the Gulf of Mexico in 2010.
Posted In: bp oil spill, BP
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Improved safety device could prevent BP-type oil spills

May 22, 2012
The National Academy of Engineering is recommending that oil and gas companies spend millions on a modified blowout preventer. This is the $45 million device that failed and caused the BP oil spill in the Gulf of Mexico.
Posted In: bp oil spill

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