BP to pay record $18.7 bn over Gulf of Mexico oil spill
"If approved by the court, this settlement would be the largest settlement with a single entity in American history," Lynch said in a statement.
Jul 02, 2015, 20:31 PM ISTBP wins right to appeal Gulf spill damages claims
BP Plc deserves the right to have a federal appeals court review some damage claims awarded under the settlement to compensate people and businesses harmed by the 2010 Gulf of Mexico oil spill, a U.S. appeals court ruled on Friday.
May 09, 2015, 10:27 AM ISTUS judge upholds BP 'gross negligence' Gulf spill ruling
The decision by US District Judge Carl Barbier in New Orleans means BP could still face close to $18 billion of penalties for violating the federal Clean Water Act.
Nov 14, 2014, 08:56 AM ISTHalliburton pays $1.1 bn for Gulf of Mexico BP spill
Oil services company Halliburton said Tuesday it would pay a $1.1 billion settlement over its role in the 2010 Gulf of Mexico oil rig blowout that led to the United States` most disastrous oil spill.
Sep 02, 2014, 21:02 PM IST