Deepwater Horizon
- BusinessAOL
BP 'suing US government over deals'
BP is suing the US government for barring the company from winning new federal contracts in the wake of the Deepwater Horizon explosion, it was reported. The oil company was banned from obtaining new contracts by the Environmental Protection
- BusinessAOL
BP partner agrees Deepwater payout
The company which leased the Deepwater Horizon rig to oil giant BP has been fined 1.4 billion US dollars (£860 million) after admitting its role in the Gulf of Mexico disaster. Swiss-based Transocean pleaded guilty to violating the Clean Water
- BusinessAOL
BP to pay £2.8bn Deepwater fine
Oil giant BP is to pay the biggest fine in US history after agreeing a 4.5 billion US dollars (£2.8 billion) settlement with authorities for claims relating to the Deepwater Horizon disaster. BP will pay the fine over six years after reaching a
1-min read - NewsAOL
Deepwater Horizon case blow for BP
BP's (LSE: BP) hopes of reaching a settlement over the Deepwater Horizon catastrophe have been dealt a blow after it emerged that the US Government intends to prove gross negligence or wilful misconduct at trial. The US Department of
