BP has agreed to pay $175 million to settle claims by U.S. investors that its managers lied about the size of the 2010 Gulf of Mexico oil spill. Read more
Just off the coast of Louisiana on the night of April 20, 2010, the Deepwater Horizon oil rig was completing drilling operations when a number of catastrophic explosions ripped through the d... Read more
Judge Carl Barbier has granted BP's request to dismiss claims brought against the company by Gulf drillers who claimed the oil giant was liable for losses they sustained during a government-... Read more
Unless and until a [National Environmental Policy Act]-compliant rule is in place, project proponents will have to monetize the risk of additional requirements during the project’s lifespan. Read more
A Louisiana federal judge ordered Anadarko Petroleum Corp. to pay $159.5 million for Clean Water Act (CWA) violations stemming from the massive 2010 Deepwater Horizon oil spill. Read more
This past year was another defining year in the Deepwater Horizon oil spill litigation. Read more
The full environmental impact of dispersants such as Corexit on the Gulf’s biodiversity has yet to be seen, but many are rightfully concerned about its effects. Read more
The Settlement Agreement also calls for BP to finance a $2.3 billion Seafood Compensation Program Settlement Fund and requires this fund to pay out any balance that may be remaining after th... Read more
BP asked the Fifth Circuit Court of Appeals last month to approve a so-called accrual-style framework to calculate Business Economic Loss (BEL) claims filed under the 2012 Deepwater Horizon... Read more
The Fifth Circuit Court of Appeals has upheld the certification of a class action lawsuit filed by a class of BP investors alleging that BP misled them about the rate of oil spewing from the... Read more
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