US suspends BP contract bids over lack of ‘business integrity’

US Environment Protection Agency suspends UK oil giant from bidding for new US business contractsSymbolic gesture or real threat? It’s hard to tell the seriousness for BP of today’s temporary ban from bidding for US contracts.What we do know is that BP was taken completely by surprise when the US Environmental Protection Agency imposed a […]
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Deepwater Horizon settlement talks stall as US demands $18bn from BP

Reports indicate talks over payment for the 2010 disaster have hit a snag as BP split over whether to push for $15bn payoutTalks between BP and the US government over a settlement for the 2010 oil spill have stalled because the US is insisting that the British oil giant pay at least $18bn, according to […]
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Deepwater oil spill: BP finalises settlement with Gulf residents

Lawyers for local business owners say deal, to be approved by US district judge, ‘holds BP fully accountable for tragedy’BP and lawyers for the businesses claiming damages in the Gulf of Mexico oil disaster have finalised the details of a multi-billion dollar settlement and submitted it to a judge in New Orleans.The proposed settlement, which […]
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Gulf’s dolphins pay heavy price for Deepwater oil spill

New studies show impact of BP’s Deepwater Horizon disaster on dolphins and other marine wildlife may be far worse than fearedA new study of dolphins living close to the site of North America’s worst ever oil spill – the BP Deepwater Horizon catastrophe two years ago – has established serious health problems afflicting the marine […]
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BP settles Gulf of Mexico oil spill lawsuit

$7.8bn payout will compensate thousands of individuals and comes ahead of trial due to begin on MondayBP will pay out $7.8bn (£5bn) to settle a lawsuit with thousands of individuals from the Gulf of Mexico oil disaster, under an agreement reached late on Friday night.The settlement, announced by Judge Carl Barbier, was reached just ahead […]
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Oil exploration: too high a price | Damian Carrington

Deepwater may cost BP $40bn in damages, but the oil industry hasn’t learned its lessonAs a symbol of the extremes the world is prepared to go to feed its addiction to oil, the biggest and most complex civil trial in history is a blazing one. On Monday, barring a last minute settlement, BP and its […]
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BP may settle with Deepwater Horizon oil spill victims as trial postponed

Trial delay is a sign that oil giant is close to a settlement, but some victims want to see BP ‘learn a lesson’ in courtBP may be close to a legal settlement on the Gulf of Mexico oil disaster – but many of the tens of thousands of victims still want to drag the oil […]
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Deepwater Horizon disaster: worst oil spill in US history gets its day in court

A staggering array of plaintiffs, experts and witnesses will descend on a New Orleans courtroom on Monday where BP will stand trial for the worst oil spill in US historyAfter thousands of hours of legal deliberations, the accumulation of 72m pages of documents and the recorded testimony of 303 witnesses, it will fall to an […]
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BP sues Halliburton for Deepwater Horizon oil spill clean-up costs

Oil group BP lays blame for Deepwater disaster on Halliburton’s cement work and seeks unspecified damagesBP has handed the bill for clearing up the disastrous 2010 Deepwater Horizon oil spill to Halliburton, the US contractor it claims botched the cement work on the failed rig.The oil group has filed a suit in New Orleans seeking […]
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