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22 Nov 2012, 11:32 am
BP Plc. has consented to settle for $525 million Securities and Exchange Commission allegations that it gave the agency and investors misleading information about the 2010 Deepwater Horizon oil spill. [read post]
15 Nov 2012, 9:52 am by Joe Consumer
AP reports, “If successful, Transocean Ltd. would be left with as much as $533 million in insurance money [which is] almost enough to cover the revenue the company was expecting from a three-year contract with BP PLC. [read post]
15 Nov 2012, 9:52 am by Joe Consumer
AP reports, “If successful, Transocean Ltd. would be left with as much as $533 million in insurance money [which is] almost enough to cover the revenue the company was expecting from a three-year contract with BP PLC. [read post]
15 Oct 2012, 1:22 pm by Maritime Law Staff
The riser has drilling muds in it,” said Frank Csulak, the scientific support coordinator for the National Oceanic and On Wednesday, October 10, the Coast Guard issued a news release stating that BP PLC and the rig’s owner, Transocean, were informed they may be held financially liable for the new oil. [read post]
24 Sep 2012, 1:17 pm by WIMS
      The 22 Energy Producers include: (1) ExxonMobil Corporation; (2) BP P.L.C.; (3) BP America, Inc.; (4) BP Products North America, Inc.; (5) Chevron Corporation; (6) Chevron U.S.A., Inc.; (7) Conocophillips Company; (8) Royal Dutch Shell PLC; (9) Shell Oil Company; (10) Peabody Energy Corporation; (11) The AES Corporation; (12) American Electric Power Company, Inc.; (13) American Electric Power Services Corporation; (14) Duke… [read post]
4 Sep 2012, 6:14 am by Zoe Tillman
BP waits for other shoe to drop: As the $7.8 billion settlement of the massive litigation over the Deepwater Horizon oil spill heads toward final approval, Amanda Bronstad reports that BP PLC and Anadarko Petroleum Corp., both of which leased the drilling site at the heart of the case, face additional billions of dollars in liability to the federal government. [read post]
24 Aug 2012, 2:01 pm by Maritime Blogger
Bloomberg reports that BP Plc began evacuating its Thunder Horse oil platform in the Gulf and suspended crude and natural gas production there in anticipation of the storm. [read post]
10 Aug 2012, 2:54 pm
District Court for the Southern District of Texas has tossed out a would-be class action securities lawsuit challenging BP plc’s (BP) cancellation of a 2010 first quarter dividend announcement after the Deepwater Horizon disaster. [read post]
8 Aug 2012, 11:23 am by Maritime Law Staff
” The groups say that during the BP Plc-Deepwater Horizon disaster in 2010, more than 1.8 million gallons of dispersants were dumped into the Gulf of Mexico with little knowledge of the toxic effect. [read post]
29 Jun 2012, 5:11 am by Mike Scarcella
Justice Department is nearing a civil and criminal settlement with BP PLC and Transocean Ltd. over the Gulf of Mexico oil spill disaster, The Wall Street Journal reports. [read post]
4 May 2012, 5:20 am by Mike Scarcella
The National Law Journal says the judge, Carl Barbier, has given preliminary approval to the settlement between BP PLC and individuals and businesses. [read post]
24 Apr 2012, 10:49 am by Sam Skolnik
The government charged Kurt Mix, a former engineer for BP plc, with obstruction of justice for allegedly intentionally destroying evidence that the authorities wanted to review. [read post]
24 Apr 2012, 10:47 am by McNabb Associates, P.C.
Department of Justice (DOJ) on April 24, 2012 released the following: "First Criminal Charges to Result from the Deepwater Horizon Task Force Investigation WASHINGTON - Kurt Mix, a former engineer for BP plc, was arrested today on charges of intentionally destroying evidence requested by federal criminal authorities investigating the April 20, 2010, Deepwater Horizon disaster, announced Attorney General Eric Holder, Assistant Attorney General Lanny A. [read post]
24 Apr 2012, 10:47 am by McNabb Associates, P.C.
Department of Justice (DOJ) on April 24, 2012 released the following: "First Criminal Charges to Result from the Deepwater Horizon Task Force Investigation WASHINGTON - Kurt Mix, a former engineer for BP plc, was arrested today on charges of intentionally destroying evidence requested by federal criminal authorities investigating the April 20, 2010, Deepwater Horizon disaster, announced Attorney General Eric Holder, Assistant Attorney General Lanny A. [read post]
24 Apr 2012, 10:47 am by McNabb Associates, P.C.
Department of Justice (DOJ) on April 24, 2012 released the following: "First Criminal Charges to Result from the Deepwater Horizon Task Force Investigation WASHINGTON - Kurt Mix, a former engineer for BP plc, was arrested today on charges of intentionally destroying evidence requested by federal criminal authorities investigating the April 20, 2010, Deepwater Horizon disaster, announced Attorney General Eric Holder, Assistant Attorney General Lanny A. [read post]
24 Apr 2012, 10:47 am by McNabb Associates, P.C.
Department of Justice (DOJ) on April 24, 2012 released the following: "First Criminal Charges to Result from the Deepwater Horizon Task Force Investigation WASHINGTON - Kurt Mix, a former engineer for BP plc, was arrested today on charges of intentionally destroying evidence requested by federal criminal authorities investigating the April 20, 2010, Deepwater Horizon disaster, announced Attorney General Eric Holder, Assistant Attorney General Lanny A. [read post]
24 Apr 2012, 10:47 am by McNabb Associates, P.C.
Department of Justice (DOJ) on April 24, 2012 released the following: "First Criminal Charges to Result from the Deepwater Horizon Task Force Investigation WASHINGTON - Kurt Mix, a former engineer for BP plc, was arrested today on charges of intentionally destroying evidence requested by federal criminal authorities investigating the April 20, 2010, Deepwater Horizon disaster, announced Attorney General Eric Holder, Assistant Attorney General Lanny A. [read post]
24 Apr 2012, 10:47 am by McNabb Associates, P.C.
Department of Justice (DOJ) on April 24, 2012 released the following: "First Criminal Charges to Result from the Deepwater Horizon Task Force Investigation WASHINGTON - Kurt Mix, a former engineer for BP plc, was arrested today on charges of intentionally destroying evidence requested by federal criminal authorities investigating the April 20, 2010, Deepwater Horizon disaster, announced Attorney General Eric Holder, Assistant Attorney General Lanny A. [read post]