BP To Pay Record $18.7 Billion In Oil Spill SettlementTrying to close the books on the worst offshore oil spill in U.S. history, BP agreed Thursday to provide billions of dollars in new money to five Gulf Coast states in a deal the company said would bring its full obligations to an estimated $53.8 billion.
New Rules Proposed As 5-Year Anniversary Of Oil Spill NearsAlmost five years after the Deepwater Horizon oil spill, the Obama administration has proposed new regulations aimed at strengthening oversight of offshore oil drilling equipment and ensuring that out-of-control wells can be sealed in an emergency.
Court Reaffirms BP Is Liable In Gulf Oil SpillA federal appeals court panel has re-affirmed its ruling that BP is liable for federal Clean Water Act damages stemming from the 2010 Gulf of Mexico oil spill.
Businesses Won't Have To Return BP Spill PayoutsFederal judge rules that the oil giant must stand by the agreement it made with the companies it compensated for losses blamed on the 2010 Gulf oil spill.
Halliburton Reaches $1B Gulf Oil Spill Settlement Halliburton agreed to pay $1.1 billion to settle what it calls "a substantial portion" of plaintiff claims arising from the 2010 BP oil spill in the Gulf of Mexico.
BP Trial To Focus On Scientists' Spill Estimates A federal judge was set to begin hearing three weeks of testimony Monday about how much oil made it into the ocean during the 2010 Gulf of Mexico oil spill.
Appeals Court Gives BP A Win In Settlement DisputeA federal appeals court gave new life Friday to oil giant BP PLC's claims that a judge's interpretation of a settlement after the 2010 Gulf of Mexico oil spill could force the company to pay billions of dollars for bogus or inflated claims by businesses.
Testimony At BP Oil Spill Trial Targets Response An employee of the company that owned the doomed Deepwater Horizon drilling rig testified Tuesday that he was surprised when BP scrapped his team's design to stop the gusher in the Gulf of Mexico.
Appeals Court Wading Into Dispute Over Multibillion-Dollar BP SettlementA federal appeals court is wading into a high-stakes dispute over the terms of a multibillion-dollar settlement of claims arising from BP's massive 2010 oil spill in the Gulf of Mexico.
Testimony: BP Manager Frustrated Shortly Before Gulf Oil Spill A BP team leader who supervised managers on the rig that exploded in the Gulf of Mexico in 2010 says he was frustrated by last-minute changes to the drilling project but didn't have any safety concerns before the deadly blast.
BP Calls First Witness At Trial Over Gulf SpillBP is scheduled to call its first witness at a trial designed to determine causes and assign blame for its April 2010 well blowout in the Gulf of Mexico.
Worker: Rig Was Bustling Before BP Well Blowout A worker who survived the deadly explosion on the Deepwater Horizon testified Wednesday that a flurry of activity on the drilling rig hindered his ability to monitor BP's well for signs of trouble before the April 2010 blowout.