Search results
Results from the WOW.Com Content Network
The Deepwater Horizon explosion and oil spill resulted in an onslaught of litigation. Litigation commenced almost immediately after the explosion and oil spill. By May 27, 2010, Transocean, which owned the Deepwater Horizon, said in testimony before the U.S. House Judiciary Committee that it was defendant in 120 lawsuits, of which more than 80 were class actions seeking payment for financial ...
BP has already paid, or committed to pay, some $37 billion in fines, cleanup costs, and compensation, and it could yet face a fine of up to $17.6 billion if it loses the civil lawsuit that it's ...
Two months have passed since BP's (BP) horrific oil spill sent a wave of environmental damage and economic chaos along the Gulf Coast, but to date the oil company has paid out less than 12% of the ...
Halliburton Resolves Department of Justice Deepwater Horizon Investigation HOUSTON--(BUSINESS WIRE)-- Halliburton Company (NYS: HAL) ...
Location: Macondo Prospect (Mississippi Canyon Block 252), in the North-central Gulf of Mexico, United States (south of Louisiana): Coordinates: 1]: Date: 20 April – 19 September 2010 (4 months, 4 weeks and 2 days): Cause; Cause: Wellhead blowout: Casualties: 11 people killed 17 people injured: Operator: Transocean under contract for BP [2]: Spill characteristics; Volume: 4.9 million barrels ...
June 6; Both the Coast Guard and BP say the cap is capturing 10,000 barrels (420,000 US gallons; 1,600,000 litres) a day. [18]The New York Times reports in an article headlined "BP Pays Out Claims, but Satisfaction Is Not Included" that BP has 25 claims offices across the Gulf and has paid $46 million to 17,500 residents.
Stephen Baldwin has sued fellow actor Kevin Costner over investments in a technology that BP used to help clean up the Deepwater Horizon oil spill in the Gulf of Mexico. The two actors, among ...
March 2008 – The mineral rights to drill for oil at the Macondo well, located in Mississippi Canyon Block 252 in the United States sector of the Gulf of Mexico about 41 miles (66 km) off the Louisiana coast, were purchased by BP at the Minerals Management Service's (MMS) Lease Sale No. 206, held in New Orleans.