BP Agrees To $25 Million Penalty For 2006 Alaska Spills

ANCHORAGE, Alaska - (AP) BP's subsidiary in Alaska will pay a $25 million civil penalty under a settlement announced Tuesday that comes five years after more than 200,000 gallons of crude oil spilled from company pipelines on the North Slope. The penalty is the largest per barrel civil penalty assessed...

BP Exploration Alaska To Pay $25 Million For North Slope Oil Spill

WASHINGTON, D.C. - The U.S. Environmental Protection Agency (EPA), the U.S. Department of Justice and the U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) on May 4 announced that BP Exploration Alaska, Inc. will pay $25 million in civil penalties...

Macondo Well Lessee Agrees To $1 Billion Settlement With BP Over Gulf Oil Spill

NEW ORLEANS - (Mealey's) BP PLC and MOEX Offshore 2007 LLC and affiliates Mitsui Oil Exploration Co. and MOEX USA Corp., which had a 10 percent interest in the Macondo Well where the Deepwater Horizon oil rig was drilling, announced May 20 that they had reached an agreement in which MOEX USA will...

BP Gets $1 Billion Settlement From Gulf Well Partner

LONDON - (AP) BP has struck a deal to receive around $1 billion from one of its minority partners in the blown-out Gulf of Mexico well, raising hopes it will successfully pursue other companies involved and reduce its bill for the disaster. BP PLC said Thursday that MOEX Offshore 2007 LLC. . . . Full...

BP Asks Judge To Dismiss Many Gulf Oil Spill Claims

NEW ORLEANS - (AP) BP PLC is asking a federal judge to dismiss most of the court claims filed against the oil giant by businesses and individuals who say they suffered economic damage from last year's massive Gulf oil spill. U.S. District Judge Carl Barbier didn't immediately rule Thursday after...

Oil Spill MDL Judge Dismisses Environmental Claims For Injunctive Relief

NEW ORLEANS - (Mealey's) The federal judge presiding over cases stemming from the oil spill in the Gulf of Mexico caused by the explosion of the Deepwater Horizon oil rig on June 16 dismissed claims seeking injunctive relief against BP Plc. and Transocean Offshore Deepwater Drilling Inc. for alleged...

Oil Field Service Company Settles Claims Related To Gulf Oil Spill Litigation

NEW ORLEANS - (Mealey's) Weatherford International Ltd. announced June 20 that it has reached a $75 million agreement with BP LLC to settle any claims between the companies relating to the Deepwater Horizon incident and oil spill ( In re: Oil Spill By The Oil Rig "Deepwater Horizon" In...

Transocean: BP Decisions Led To Gulf Oil Spill Disaster

ATLANTA - (AP) The owner of the rig that exploded in the Gulf of Mexico last year largely blames oil giant BP for the disaster in an internal investigation report released Wednesday that bolsters the Swiss firm's arguments in the face of lawsuits and expected government fines. The report from Transocean...

BP: Don't Give Gulf Fail-Safe Device To Transocean

ATLANTA - (AP) BP and Transocean are at odds over who should get possession of a key piece of evidence in the Gulf of Mexico oil spill investigation once additional testing is complete. Transocean, responsible for maintaining the blowout preventer that failed to stop last year's oil spill, argues...

Judge Won't Let Sierra Club Join Gulf Oil Spill Lawsuit

JACKSON, Miss. - (AP) A federal magistrate judge won't allow the Sierra Club to join a lawsuit filed by the Justice Department against BP and other companies over last year's disastrous Gulf of Mexico oil spill. Judge Sally Shushan said in her order Tuesday that the environmental group can file...

BP Says It Wants To End Future Loss Claims For Gulf Oil Spill

NEW ORLEANS - (AP) BP is arguing that victims of last year's Gulf oil spill should not be paid any more claims for future losses because the areas affected by the spill have recovered and the economy is improving. The British oil company makes its case in a 29-page document filed. . . . Full version...

Mississippi AG Sues Administrator Of BP Oil Spill Fund

JACKSON, Miss. - (AP) Mississippi's attorney general said Tuesday his office is suing the administrator of BP's $20 billion oil spill fund to get access to claims filed by coastal residents. Jim Hood said Tuesday that he has tried to negotiate with the fund's administrator, Washington lawyer...

BP Oil Spill Litigation Law Firm Wesley J. Farrell Becomes Farrell & Patel

MIAMI - The Law Firm of Wesley J. Farrell has announced that Ricky K. Patel has been named partner, and the firm will now be known as Farrell & Patel Attorneys at Law. The firm currently represents 600 hotels and other Gulf Coast businesses negatively impacted by the BP oil spill of 2010 and concentrates...

Judge Tosses RICO Claims Against BP For Oil Spill

ATLANTA - (AP) A federal judge on Friday threw out racketeering claims by the lead plaintiffs suing BP over last year's oil spill, and he gave the company another win by setting aside claims filed by one of BP's partners in the well project that resulted in the disaster. Gulf residents. . . ...

Second Lawsuit Against Kenneth R. Feinberg, Feinberg Rozen LLP And Gulf Coast Claims Facility Removed To Federal Court

Complaint Alleges Gross Negligence, Fraud, Fraudulent Inducement and Unjust Enrichment FORT MYERS, Fla. - A second lawsuit against Kenneth R. Feinberg, Feinberg Rozen LLP and Gulf Coast Claims Facility (GCCF) was removed from state court to the U.S. District Court for the Middle District of Florida...

Special Master Sought To Oversee Gulf Oil Spill Claims

(AP) The lead attorneys for people and businesses suing BP over last year's Gulf oil spill want a federal judge to appoint a special master to oversee the claims process. They said in court papers Monday that administrator Kenneth Feinberg has been too slow to process interim payments. . . . Full...

New Evidence Cites More BP Oil Spill Mistakes

A BP scientist identified a previously unreported deposit of flammable gas that could have played a role in the Gulf of Mexico oil spill, but the oil giant failed to divulge the finding to government investigators for as long as a year, according to interviews and documents. . . . Full story available...

Shareholder Derivative Lawsuit Over Deepwater Horizon Oil Spill Dismissed In Favor Of English Forum

A wave of litigation followed in the wake of the April 2010 Deepwater Horizon oil spill. Among this litigation were several shareholder derivative suits filed against certain directors and officers of BP and of its U.S. subsidiary. At the time these cases first arose, I asked whether or not these suits...

Company Agrees To Pay BP LLC $4 Billion To Settle Oil Spill Claims

NEW ORLEANS - (Mealey's) BP LLC announced Oct. 17 that it has reached a $4 billion settlement agreement with a company that held a 25 percent interest in the Gulf of Mexico oil drilling site of the 2010 Deepwater Horizon explosion and oil spill ( In re: Oil Spill By The Oil Rig "Deepwater Horizon"...

BP Announces Preliminary $7.8 Billion Settlement With Plaintiffs Over Gulf Oil Spill

Estimated $7.8B settlement expected to be paid from $20 billion Trust BP has reached a settlement with the Plaintiffs' Steering Committee (PSC), subject to final written agreement, to resolve the substantial majority of legitimate economic loss and medical claims stemming from the Deepwater Horizon...

Gulf Oil Spill Plaintiffs' Steering Committee Announces Finalized Settlement With BP

Joint Motions Seek Preliminary Court Approval NEW ORLEANS -- The Plaintiffs' Steering Committee (PSC) leading the litigation surrounding the 2010 BP Gulf Oil Spill announced April 18 that it has finalized its settlement with BP. The PSC has filed for Class certification, and the Parties have...

Former BP Engineer Arrested For Obstructing Justice In Oil Spill Investigation

NEW ORLEANS - (Mealey's) The U.S. Department of Justice on April 24 announced that a former engineer for BP PLC was arrested for two counts of obstructing justice in the criminal investigation of the April 20, 2010, explosion of the Deepwater Horizon oil rig in the Gulf of Mexico for deleting text...

Judge Gives Preliminary Approval Of Settlement Of Gulf Oil Spill Claims

NEW ORLEANS - (Mealey's) The Louisiana federal judge overseeing the multidistrict litigation for claims arising from the explosion of the Deepwater Horizon rig and ensuing oil spill in the Gulf of Mexico gave preliminary approval for two separate class settlement agreements May 2, one resolving certain...

Halliburton Agrees To Pay $1.1 Billion To Resolve Most Gulf Oil Spill Claims

NEW ORLEANS — (Mealey’s) Halliburton Energy Services Inc. (HESI), the company that was responsible for cement work for the Macondo well in the Gulf of Mexico, on Sept. 2 filed an agreement in Louisiana federal court under which it will pay approximately $1.1 billion to resolve claims for...

Case of the Week: The ‘Deepwater Horizon’ Oil Spill

Nearly 4 ½ years after the oil well beneath the "Deepwater Horizon” rig blew out and spilled millions of barrels of oil into the Gulf of Mexico, legal news surrounding the disaster again made headlines last week. On Tuesday, Sept. 2, Halliburton Energy Services, Inc. announced an agreement...