BP Plc., the London-based integrated oil and gas company, has always been in the news, mostly for the wrong reasons. Not only has the company been suffering a dent in its reputation due to the 2010 Deepwater Horizon Oil Spill, the ongoing turmoil in the commodity markets has taken a severe toll on its profitability. […]
On July 14 th, oil giant BP announced that they had finally finished their calculations and the final estimate for costs of the 2010 Deepwater Horizon oil spill would likely hit $62 billion. This cost includes all of the settlementsShow More Summary
BP announced today that following significant progress in resolving outstanding claims arising from the 2010 Deepwater Horizon accident and oil spill, it can now
By David Wethe and Rakteem Katakey (Bloomberg) — BP Plc has raised the total liability from the Deepwater Horizon oil disaster, which triggered the worst offshore oil spill in U.S. history, by $5.2 billion to $61.6 billion before tax. Show More Summary
BP raises the total liability from the Deepwater Horizon oil disaster by $5.2 billion to $61.6 billion before tax. ||| Houston - BP has raised the total liability from the Deepwater Horizon oil disaster, which triggered the worst offshore oil spill in US history, by $5.2 billion to $61.6 billion before tax. Show More Summary
BP’s total costs for the deadly Deepwater Horizon disaster is approaching $62 billion. The oil giant today said it expects a pre-tax non-operating charge associated with the 2010 Gulf of Mexico oil spill of around $5.2 billion, bringing the total bill for the environmental disaster to $61.6 billion. BP said it believes that any further […]
A total sum of oil and gas giant British Petroleum's (BP) expenses that are connected with the Deepwater Horizon oil spill in the Gulf of Mexico are estimated at $61.6 billion, company's press service said in a statement Thursday.
Orlando nightclub gunman Omar Mateen cursed and flippantly discussed the 2010 oil spill in the Gulf of Mexico in a clip from a documentary about the Deepwater Horizon disaster that emerged on Wednesday. Mateen was filmed secretly byShow More Summary
Oil and gas giant British Petroleum (BP) has agreed to pay $175 million to settle a lawsuit in which investors claim that they were misled about the extent of the Deepwater Horizon oil spill, The Wall Street Journal reports.
Mark Wahlberg strives to survive the disaster that sparked the devastating 2010 BP oil spill in the new trailer for Deepwater Horizon. The film focuses on a crew of workers stationed at the titular offshore oil rig, centered around Wahlberg's portrayal of Mike Williams (in The New York Times article the movie is...
Ever since oil giant BP used his product as part of the cleanup after the Deepwater Horizon oil spill in 2010, Scott Smith has traveled the world pitching his special sponge technology. He brought it to disasters in China, Arkansas,Show More Summary
Microbiologists at The University of Texas at Austin and their colleagues have cracked the genetic code of how bacteria broke down oil to help clean up the Deepwater Horizon oil spill, revealing that some bacteria have far greater potential for consuming oil than was previously known. Show More Summary
Microbiologists have cracked the genetic code of how bacteria broke down oil to help clean up the Deepwater Horizon oil spill, revealing that some bacteria have far greater potential for consuming oil than was previously known. The findings have applications for responding to future oil spills.
The new rules come as scientists continue to work to determine the total environmental impact of the Deepwater Horizon disaster. The post Nearly 6 Years After The BP Oil Spill, Government Issues New Rules To Prevent Major Spills appeared first on ThinkProgress.
The court approved the settlement between the government and BP for the Deepwater Horizon NRDA: Today—nearly six years after the Deepwater Horizon oil spill began—the court approved a settlement with BP for natural resource injuries stemming from the spill. This settlement concludes the largest natural resource damage assessment ever undertaken....
A US judge on Monday approved an estimated $20 billion settlement by BP Oil over the catastrophic 2010 Deepwater Horizon spill of hundreds of millions of gallons of crude oil in the Gulf of Mexico.
A federal judge has approved a multi-billion-dollar settlement over the Deepwater Horizon oil spill in 2010. Under the terms of the agreement, BP will pay more than $20 billion in penalties and claims over the environmental damage caused by the worst oil spill in U.S. Show More Summary
Five years after the calamitous Deepwater Horizon rig explosion that led to a massive crude oil leak into the Gulf of Mexico, a US federal judge ruled that the rig’s operator, British Petroleum, must pay out $20 billion in damages to five states and local governments.
Nearly six years after the BP oil spill in the Gulf of Mexico, Hollywood takes its shot at recounting the tragedy with a film due this fall aiming to tell the story
The Deepwater Horizon oil spill of 2010 was the largest accidental marine oil spill in the history of the petroleum industry, and an ecological disaster. BP was ultimately held responsible by the U.S. justice system (well, as much as...Show More Summary