Gulf Oil Spill News

BP's sale of its Russian joint venture helped it more than triple first-quarter profits, the oil company said Tuesday in a further sign that its disposal program in the wake of the Gulf of Mexico oil spill ...

LONDON (AP) — BP's sale of its Russian joint venture helped it more than triple first-quarter profits, the oil company said Tuesday in a further sign that its disposal program in the wake of the Gulf of Mexico oil spill disaster is on track.

By Andrew Callus LONDON (Reuters) - BP Plc has been hit by over 2,200 new lawsuits seeking payback for the 2010 Gulf of Mexico oil spill in the past few weeks as individuals, companies and government bodies rushed to stake their claim before their right to do so expired. The British oil company, whose deepwater Macondo well ruptured on April 20, 2010, killing 11 men and spilling crude into the ...

LONDON (Reuters) - BP Plc has been hit by over 2,200 new lawsuits seeking payback for the 2010 Gulf of Mexico oil spill in the past few weeks as individuals, companies and government bodies rushed to stake ...

British oil company, still fighting Gulf of Mexico spill lawsuits, benefits from two new oil fields and strong performance in trading division

By Andrew Callus LONDON (Reuters) - BP Plc profits beat analyst expectations by almost $1 billion (644 million pounds) in the first quarter, helped by two new oilfields and a strong performance from its trading division. The British oil company - still fighting multi-billion dollar lawsuits over its Gulf of Mexico oil spill of three years ago - turned in underlying replacement cost net profit of ...

By Andrew Callus LONDON (Reuters) - BP Plc profits beat analyst expectations by almost $1 billion (644 million pounds) in the first quarter, helped by two new oilfields and a strong performance from its trading division. The British oil company - still fighting multi-billion dollar lawsuits over its Gulf of Mexico oil spill of three years ago - turned in underlying replacement cost net profit of ...

David Hammer / Eyewitness News Email: dhammer@wwltv.com | Twitter: @davidhammerWWL NEW ORLEANS - It was something of an eye-opener when an oil company pleaded guilty to two environmental crimes in January. Not because the pollution reported was anything on the scale of the BP spill, but because of the brazen cover-up involved. The company, Houston-based W&T Offshore, admitted its workers had ...

A consortium of eight Gulf Coast counties is raising an alarm about a Florida Senate bill that creates a nonprofit board to manage money from settlements from the 2010 Gulf of Mexico oil spill.

Louisiana fishermen are still losing money, three years after the oil spill. The fishermen blame the estimated 200 million gallons of oil that spilled into the Gulf of Mexico from the Deepwater Horizon well in 2010. Executives at BP, who own the well, have stated that tourism and fishing have recovered from the disaster, but [...] Fishermen Still Losing Money Three Years After Oil Spill is a ...

The explosion on the Deepwater Horizon rig three years ago this month cost 11 lives and a potential £60billion for BP, which is embroiled in a court case over the disaster.

His work has immersed him in events that read like a roster of recent catastrophes, from 9/11 to the Gulf oil spill. Now, Kenneth Feinberg is adding the Boston Marathon bombings to that list.

UT experts: BP oil spill gone from deep ocean, but remains in marshes

BP is expected to report a 30pc slump in profits for the first three months of 2013 after the oil major continued its asset sell-off to pay for the Gulf of Mexico disaster and exited Russian joint-venture ...

BOSTON (AP) — His work has immersed him in events that read like a roster of recent catastrophes, from 9/11 to the Gulf oil spill. Now, Kenneth Feinberg is adding the Boston Marathon bombings to that list.

The company misled investors and attempted to minimize the damage and cost to shareholders after the spill began, according to a complaint unsealed today in federal court in Manhattan . The case was originally filed April 17 by pension funds for city workers, teachers, police officers and firefighters.

New York City is suing BP over the drop in its stock price after the 2010 Gulf of Mexico oil spill, saying its pension funds lost $39 million. The lawsuit in federal court in New York claims BP failed ...

New York City is suing BP over the drop in its stock price after the 2010 Gulf of Mexico oil spill, saying its pension funds lost $39 million. The lawsuit in federal court in New York claims BP failed to tell shareholders about the risks of its offshore drilling, and...

The “dispersant” chemicals used by oil giant BP to deal with the aftermath of 2010's Deepwater Horizon oil spill may have done more harm than good, according to media reports sparked by a Newsweek story this week. BP purchased a third of the world's supply of the chemicals, Corexit 9500 and 9527, after the disaster released 210 million gallons of oil into the Gulf of Mexico. The dispersants are ...

BP oil spill trial: Federal judge issues order outlining key questions By Richard Thompson, The Times-Picayune (New Orleans). April 24, 2013. "The federal judge overseeing the BP Gulf of Mexico oil spill litigation issued an order Wednesday (April 24) outlining what he believes are the key questions from the first phase of the sprawling civil trial, which wrapped up a week ago…" ( Read more ...