Gard: Six takeaways from Deepwater Horizon

AUGUST 3, 2015 — Arendal, Norway, headquartered P&I club Gard notes that last month’s settlement by BP brings to an end the outstanding major claim elements of Deepwater Horizon case.The current estimate

Deepwater Horizon restoration projects set to start rolling

JULY 8, 2015 — The recent $18.5 billion settlement reached by BP in the Deepwater Horizon case (see earlier story) should pave the way for long planned Gulf Coast restoration projects to

BP in $18.5 billion Deepwater Horizon settlement

JULY 2, 2015 — Five Gulf Coast states and the federal government have reached a tentative settlement with BP that will see the oil company $18.5 billion over 18 years, in compensation

Deepwater Horizon defendant gets a new trial

JULY 1, 2015 — Former BP engineer Kurt Mix, who was convicted of obstruction of justice in the Deepwater Horizon case after he allegedly deleted multiple e-mails, has had his conviction dismissed

Transocean, Halliburton report Deepwater Horizon settlements

MAY 21, 2015 — Both Transocean (NYSE: RIG) and Halliburton (NYSE: HAL) reported yesterday that they had reached significant settlements in relation to the 2010 Deepwater Horizon disaster. Transocean Ltd. said it

BP still faces possible $13.7 billion Gulf spill fine

JANUARY 19, 2015 —The United States District Court for the Eastern District of Louisiana ruled last week on the issues raised in the Phase 2 trial of the Deepwater Horizon case: the

Pensacola to develop new ferry service

OCTOBER 5, 2014—The City of Pensacola on the west part of Florida’s panhandle will develop a new ferry service between its downtown, Pensacola Beach, and Fort Pickens on Santa Rosa Island. The

BP “grossly negligent” in Deepwater Horizon case

SEPTEMBER 5, 2014 — BP was grossly negligent in the 2010 Deepwater Horizon disaster, U.S. District Judge Carl Barbier ruled yesterday in New Orleans. The finding of gross negligence rather than simple

Halliburton in $1.1 billion Deepwater Horizon settlement

SEPTEMBER 3, 2014 — Halliburton (NYSE: HAL) announced yesterday that it had reached an agreement to settle a substantial majority of the plaintiffs’ class claims asserted against the company as a result

BP back in the lease sale arena

MARCH 20, 2014 — BP was the high bidder on 24 tracts in yesterday’s Central Gulf of Mexico lease sales with bids for $41.6 million. BP was back in the arena within

LOAD MORE