Posted by the Newsman, @ 2pm on May 24th, 2013
By Andrew Callus LONDON (Reuters) – A group of accountancy professors is backing BP's fight to cap the U.S. oil spill compensation payouts it has to fund as the cash outflow threatens to add billions of dollars to its bill for the disaster. The news comes after the payouts administrator, Patrick Juneau, predicted that over 200,000 claims may be made in total by businesses and individuals under a …
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Posted by the Newsman, @ 11pm on May 22nd, 2013
ExxonMobil officials and regulators on Thursday were investigating the cause of a small oil leak from the Pegasus pipeline in southeast Missouri — the second leak from the 850-mile pipeline in a month. …
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Posted by the Newsman, @ 11pm on May 22nd, 2013
This past week has not been kind to Canadian seal hunters.
Read the full story about To Kill or Not to Kill? New Hope in the Fight to Save Baby Seals
Posted by the Newsman, @ 1am on May 21st, 2013
NEW ORLEANS – A federal judge has dismissed a charge that is the backbone of the case against a former BP executive accused of concealing information from Congress about the amount of oil spewing in 2010 from the company's blown-out well in the Gulf of Mexico.
Read the full story about Judge tosses obstruction charge against ex-BP executive accused of concealing Gulf spill data
Posted by the Newsman, @ 2pm on May 19th, 2013
BP wants to stop paying out millions of dollars in what it calls spurious compensation claims stemming from the Gulf of Mexico oil spill in 2010.
Read the full story about BP Warns About Inflated Oil Spill Claims
Posted by the Newsman, @ 11pm on May 18th, 2013
By P.J. Huffstutter (Reuters) – Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history. The complaint, filed Friday in U.S. District Court in Beaumont, Texas, alleges that the companies and others "engaged in willful and wanton misconduct" for their role in the 2010 Deepwater Horizon …
Read the full story about Texas joins flood of states suing BP over 2010 Gulf spill
Posted by the Newsman, @ 11pm on May 18th, 2013
NEW YORK (AP) — A controversial oil pipeline to the U.S. Gulf Coast "absolutely needs to go ahead," Canada's prime minister said Thursday, and he warned that the oil will be transported through America one way or another.
Read the full story about Canada PM on pipeline plan: Oil to come anyway
Posted by the Newsman, @ 10pm on May 17th, 2013
British government officials said Thursday that BP has not sought Prime Minister David Cameron's help in reducing compensation claims for its role in the disastrous 2010 oil spill in the Gulf of Mexico. …
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Posted by the Newsman, @ 10pm on May 17th, 2013
A federal judge in an order Friday agreed to postpone the trial of a former BP engineer charged with deleting text messages about the company's response to its 2010 oil spill in the Gulf of Mexico. The …
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Posted by the Newsman, @ 5pm on May 17th, 2013
By Kathy Finn NEW ORLEANS (Reuters) – The deadline for claims against BP Plc in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said on Thursday he is already bracing for a late surge in filings. Patrick Juneau, a Lafayette, Louisiana attorney experienced in complex litigation, was named by U.S. Judge Carl Barbier last year to …
Read the full story about Payout official set for surge in BP spill claims