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.
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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
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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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Sep. 9, 2014 Trustees could use the data to try to get the $585 million for ecosystem improvements and more fish in the Gulf. After a disaster such as an oil spill, trustees -- which could include federal, state ... read more
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