LonDON -- BP PLC has agreed to pay investors $175 million to settle a lawsuit over its disclosure of business risks related to the 2010 Deepwater Horizon blowout, the company said late Thursday. The disaster, which killed 11 workers, has already forced BP to set aside more than $56 billio...
BP agreed last week to pay $175 million to shareholders who brought a class-action lawsuit that accused the oil company of misleading them by understating the severity of the 2010 oil spill in the Gulf of Mexico. BP said the claims will be paid during 2016-17. However, the company said...
lawsuit—known as Multi-District Litigation (MDL) No. 2179—encompassed 77 different claims and resulted in a $20 billion fund agreed to by BP at the request of the federal government. If you or a loved one suffered health effects from the BP oil spill, you may be entitled to ...
The conclusions will help determine who is liable for the worst offshore oil spill in U.S. history, and what share of the blame — and of the bill — the various companies with ties to the rig and its equipment will be responsible for. Based on an upper estimate of the oil spilled, ...
The article reports on the increasing number of claims relating to the effects of the use of dispersants in response to the 2010 oil spill from BP plc's Macondo/MC252 well in the Gulf of Mexico. A coalition of environmental, industry, and public health organizations filed a lawsuit against ...
被引量: 4发表: 2010年 BP's Deepwater Horizon: "The Goldman Sachs of the Sea" While the Obama administration's lawsuit against BP and other operators for their role in causing the BP oil spill could help recover billions of dollars in cleanup costs and damages, it will not address the ...
There are other major sources of water pollution in the GOM which have also became apparent, particularly since the eye-opening 2010 BP oil spill. The Gulf of Mexico is Dying: A Special Report On The BP Gulf Oil Spill The BP Gulf Oil Spill drew the world’s attention to the GOM for ...
BP has started paying medical claims to victims of the 2010 Gulf of Mexico oil spill after a year of delays. BP confirmed that the number of claims paid so far is approximately 100, just a sliver of the 10,000 total that need to be paid out. About 700 other cases are ready for ...
But for Mike Williams, who survived the April 2010 oil rig explosion, it was about something else. Sep 27, 2016 BP To Pay $175 Million To Investors In Oil Spill Suit BP announced Friday that it has agreed to pay $175 million to settle a class-action lawsuit filed by investors. ...
BP’s cost of doing business?A$7.8 billion settlement against BP PLChas been approved by a federal judge, resolving economic and medical claims brought by more than 100,000 businesses and individuals who suffered from themassive BP oil spillin the Gulf of Mexico in April, 2010. ...