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24 May 2011, 6:32 pm
District Judge Keith Ellison trimmed the case in April, granting Accenture summary judgment on claims that it breached a fiduciary duty by cutting Wellogix out of a software sale to its client BP PLC, despite an alleged agreement to help Wellogix push its products.The oil company retained Accenture to help it overhaul its IT system, and despite the agreement, BP and Accenture bought the entire customized software package from Wellogix rival SAP AG, according to Judge… [read post]
13 May 2011, 6:31 pm
NEW ORLEANS, LA - Hundreds of lawsuits against British Petroleum Plc (BP) have been consolidated in Federal Court in New Orleans alleging that the company is refusing to accept liability for losses due to the BP oil spill following the Deepwater Horizon disaster in 2010. [read post]
13 May 2011, 2:04 pm
NEW ORLEANS, LA – Hundreds of lawsuits against British Petroleum Plc (BP) have been consolidated in Federal Court in New Orleans alleging that the company is refusing to accept liability for losses due to the BP oil spill following the Deepwater Horizon disaster in 2010. [read post]
11 May 2011, 3:03 pm
Government approved on Wednesday, May 11, a Royal Dutch Shell PLC plan to drill for oil in five locations deep under the Gulf of Mexico. [read post]
11 May 2011, 10:36 am
Government approved on Wednesday, May 11, a Royal Dutch Shell PLC plan to drill for oil in five locations deep under the Gulf of Mexico. [read post]
20 Apr 2011, 10:35 am
This solemn event occurs exactly one year after the Deepwater Horizon disaster, following the explosion and fire and subsequent sinking of the oil rig which was operated by BP Plc (British Petroleum). [read post]
20 Apr 2011, 9:33 am
Anyone who wants to file suit against Transocean, BP PLC or any of the other companies tied to the spill must, for all intents and purposes, file the three-page form today. [read post]
14 Apr 2011, 4:38 am
Attorneys for Kenneth Feinberg, the administrator of BP’s $20 billion claims fund for the Deepwater Horizon disaster argued Tuesday that the Louisiana federal judge overseeing the multidistrict litigation against BP plc lacked legal authority to regulate the claims process.Over calls for court intervention by several state attorneys general, Gulf Coast Claims Facility (GCCF) Administrator’s counsel said the Hon. [read post]
8 Apr 2011, 12:59 pm
Gorelick played a lead role as counsel to oil giant BP PLC last year. [read post]
6 Apr 2011, 1:25 pm
London-based oil company, BP Plc, who leased the oil rig from Transocean, was also involved in that disaster. [read post]
4 Apr 2011, 11:45 am
Salazar told Bloomberg News in a conference call with reporters that there was no agreement with BP, PLC to resume drilling in the Gulf of Mexico. [read post]
3 Apr 2011, 9:48 pm
It partnered with two other companies – BP PLC and Halliburton, Inc., who flagrantly and consistently lied to the public and to the government about the true nature and extent of the disaster. [read post]
18 Mar 2011, 11:02 am
On March 12, the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) agreed to allow BHP Billiton PLC to resume deepwater drilling in the Gulf of Mexico, but this was only the second deepwater permit to be issued by the government since the BP oil spill of 2010. [read post]
14 Mar 2011, 1:01 pm
NEW ORLEANS, LA – The second permit in the last 2 weeks has been approved by the U.S. government for deepwater drilling in the Gulf of Mexico since the BP oil spill disaster in 2010. [read post]
3 Mar 2011, 7:18 am
In the past week or so, there have been articles such as this one (how the company could face a material adverse effect if its relationship with BP, plc (BP) deteriorates), or this one (noting that the stock prices for Transocean and other oil and gas drilling companies rose after the United States approved the first deepwater drilling permit since the moratorium on drilling was lifted in Oct. 2010). [read post]
1 Mar 2011, 12:29 am
Kenneth Feinberg, the administrator of BP PLC’s $20 billion claim fund, recently stated that it is too soon to say whether liability payments related to the Deepwater Horizon disaster will end up exhausting all of the $20 billion BP set aside for all claims.Mr. [read post]
20 Jan 2011, 11:00 am
The past year offered an interesting mix of positive and negative news as investors around the world eagerly anticipated signs of economic recovery and financial stabilization. [read post]
30 Dec 2010, 8:00 am
New York, Ohio Pension Funds Named Co-Lead Plaintiffs in BP Oil Spill Suit The New York State Common Retirement Fund (Fund) will co-lead the class action lawsuit against BP, Plc stemming from its poor safety practices which were exposed by the Deepwater Horizon oil spill and subsequent clean-up effort. [read post]
15 Dec 2010, 12:54 pm
The Justice Department today entered the litigation fray over the Gulf of Mexico oil spill, suing a division of the oil giant BP PLC and eight other defendants for alleged safety and occupational violations. [read post]
30 Nov 2010, 10:00 pm
The United States has kept a watchful eye on oil production since the April 20 blowout of BP Plc's Macondo well, which led to the deaths of eleven workers, and the injuries of many more oil rig workers. [read post]
