BP Settles Spill Lawsuits for at Least $7.8 Billion
March 3, 2012
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BP agreed late Friday to settle lawsuits brought by more than 100,000 fishermen who lost work, cleanup workers who got sick and others who claimed harm from the oil giant's 2010 Gulf of Mexico disaster.
Newsy (Jan. 8, 2016) An severe gas leak in Southern California has displaced dozens of people from their homes. The gas company responsible is facing at least 25 lawsuits.
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AP (Mar. 20, 2014) At a news conference in Washington marking the 25th anniversary of the Exxon Valdez oil spill, a group of Alaskan community members, along with oil spill, climate and offshore drilling experts said ... watch video
AP (Mar. 26, 2014) 3-D printers are becoming popular with hobbyists, but experts warn that current copyright laws could leave amateurs open to lawsuits if they create designs that are copyrighted. (March 26)
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CBC (Dec. 13, 2012) A new study says the cost of cleaning up a major oil spill on the North Coast of B.C. could hit $9.6 billion, wiping out any economic benefits from the Northern Gateway Pipeline project for the ... watch video
AP (Sep. 2, 2014) Halliburton's agreement to pay more than $1 billion to settle numerous claims involving the 2010 BP oil spill could be a way to diminish years of costly litigation. A federal judge still has to ... watch video
Reuters - Business Video Online (Feb. 20, 2015) BP may have to pay $13.7 billion for its role in the 2010 Gulf of Mexico oil spill, after a U.S. judge rejected the company’s attempt to reduce its fine. Hayley Platt reports.
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AP (July 2, 2015) A senior policy maker with the Gulf Restoration Network said the $18.7 billion settlement between BP and the Gulf Coast states is a 'good start' but not enough to restore the coast after the 2010 oil ... watch video
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Sep. 17, 2013 A new study reports that workers exposed to crude oil and dispersants used during the Gulf oil spill cleanup display significantly altered blood profiles, liver enzymes, and somatic symptoms compared ... read more
Mar. 20, 2012 Since the explosion on the BP Deepwater Horizon drilling rig in the Gulf of Mexico in April of 2010, scientists have been working to understand the impact the disaster has had on the environment. For ... read more
Feb. 17, 2012 The Deepwater Horizon oil spill in the Gulf of Mexico in April 2010 will have a large economic impact on the US Gulf fisheries. A new study says that over seven years this oil spill could have a ... read more