Gulf Oil Spill News

The financial recovery of BP from the disaster of the Deepwater Horizon oil spill is being put in jeopardy by the amounts of compensation being paid out to businesses in the Gulf of Mexico region.

Tony Hayward was appointed interim chairman of Glencore Xstrata on Thursday, almost three years after he resigned as chief executive of BP after a huge oil spill in the Gulf of Mexico.

LONDON - British government officials said Thursday that BP has not sought Prime Minister David Cameron's help in reducing compensation claims for its role in the disastrous 2010 oil spill in the Gulf ...

British government officials said Thursday that BP has not sought Prime Minister David Cameron's help in reducing compensation claims for its role in the disastrous 2010 oil spill in the Gulf of Mexico. ...

LONDON (AP) — BP is seeking to stop paying millions of dollars in what it calls spurious compensation claims stemming from the catastrophic 2010 oil spill in the Gulf of Mexico. The company warned Thursday that the excessive claims are jeopardizing its financial prospects. It has sought an injunction in ...

BP wants to stop paying out millions of dollars in what it calls spurious compensation claims stemming from the Gulf of Mexico oil spill in 2010.

Tony Hayward was appointed interim chairman of Glencore Xstrata on Thursday, almost three years after he resigned as chief executive of BP after a huge oil spill in the Gulf of Mexico.        

LONDON, May 16 (UPI) -- BP said it wants British Prime Minister David Cameron to raise the issue of fines associated with the 2010 oil spill at the Group of Eight meeting next month.

Oil giant BP has warned that millions of dollars of "fictitious" compensation claims for the 2010 Gulf of Mexico oil spill are putting the company at risk.

BP is seeking to stop paying millions of dollars in what it calls spurious compensation claims stemming from the catastrophic 2010 oil spill in the Gulf of Mexico.

BP is seeking to stop paying millions of dollars in what it calls spurious compensation claims stemming from the catastrophic 2010 oil spill in the Gulf of Mexico.

BP seeks US court relief from 'fictitious' claims stemming from 2010 Gulf of Mexico oil spill        

LONDON - BP is seeking to stop paying millions of dollars in what it calls spurious compensation claims stemming from the catastrophic 2010 oil spill in the Gulf of Mexico.

Oil company worried by spiralling costs from Gulf of Mexico

BP has warned that millions of dollars of "fictitious" compensation claims for the 2010 Gulf of Mexico oil spill are putting the company at risk.

BP will ask David Cameron to raise the issue of its rising costs of compensation connected to the Gulf of Mexico oil disaster in 2010 with the US government, as it fears it may become a takeover target, ...

LONDON (Reuters) - British oil company BP wants Prime Minister David Cameron to intervene with the U.S. government over the escalating cost of compensating U.S. companies for the Gulf of Mexico oil disaster in 2010, the BBC reported Thursday. BP is still fighting a court battle in New Orleans over fines and other potential spill liabilities, but it struck a deal last year with a wide range of ...

BP will ask David Cameron to raise the issue of its rising costs of compensation connected to the Gulf of Mexico oil disaster in 2010 with the US government, as it fears it may become a takeover target, according to reports.        

BP will ask David Cameron to raise the issue of its rising costs of compensation connected to the Gulf of Mexico oil disaster in 2010 with the US government, as it fears it may become a takeover target, according to reports.        

BP will ask David Cameron to raise the issue of its rising costs of compensation connected to the Gulf of Mexico oil disaster in 2010 with the US government, as it fears it may become a takeover target, according to reports.