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US Judge Approves Record $4 Billion BP Settlement

US Judge Approves Record $4 Billion BP Settlement
© AFP 2013/ ANDREW YATES- Story
Transocean to Pay US $1.4 bln Over Gulf of Mexico Disaster
09:10 04/01/2013
Transocean has agreed to pay the US $1.4 billion over the 2010 environmental disaster in the Gulf of Mexico, media in Mexico reported on Thursday.
US Suspends Gov’t Contracts with BP
21:45 28/11/2012
The US Environmental Protection Agency (EPA) announced Wednesday it has temporarily suspended new US government contracts with the British oil and gas company BP in response to a 2010 explosion that killed 11 people on the Deepwater Horizon oil drilling rig in the Gulf of Mexico and caused the largest environmental disaster in American history.
BP to Pay Billions Over Gulf Spill in Largest-Ever Penalty: US Media
20:52 15/11/2012
British multinational oil giant BP has accepted criminal liability for its disastrous oil spill in the Gulf of Mexico two years ago and will pay the largest criminal penalty in US history totaling billions of dollars, US media reported Thursday citing unnamed sources close to the case.
BP Reaches $7.8 Bln. Settlement with Oil Spill Plaintiffs
06:57 19/04/2012 MEXICO, April 19 (RIA Novosti)
BP said it had reached the final settlement with the plaintiffs’ committee, agreeing to pay $7.8 billion in total to individuals and businesses affected by the worst oil spill ever in the U.S. history.
BP Oil Spill Trial Postponed to Allow Settlement Talks
04:31 27/02/2012 MOSCOW, February 27 (RIA Novosti)
A trial to determine how much BP owes for the worst oil spill ever in the U.S. was adjourned by one week to allow more settlement talks between the oil company and plaintiffs’ lawyers
The largest oil spill in history
15:33 22/04/2011
British Petroleum’s Deepwater Horizon oil rig exploded on April 20, 2010, and sank two days later after burning for 36 hours in the Gulf of Mexico off the coast of Louisiana. The blast claimed the lives of 11 people. An oil spill ensued, damaging Louisiana, Alabama and Mississippi.
BP sues two companies over Gulf oil spill
08:20 21/04/2011
British oil major BP has filed lawsuits against two companies on the first anniversary of the blast at the Deepwater Horizon rig which resulted in the massive Gulf of Mexico oil spill, the New York Times said on Thursday.
BP seeks to return to Gulf of Mexico - newspaper
07:58 04/04/2011
BP has asked the United States authorities for permission to resume drilling in the Gulf of Mexico, The New York Times quoted sources in the oil company as saying Sunday.
BP oil spill could slash number of offshore operators says marine lawyer
14:09 13/09/2010
The recent BP oil rig disaster in the Gulf of Mexico will soon trigger an avalanche of offshore oil development legislation, which may slash the number of operators authorized to develop offshore oil, an international marine lawyer said.
A second oil platform exploded in the Gulf of Mexico in less than five months
14:08 03/09/2010
An oil platform exploded and caught fire off the Louisiana coast Thursday. The Coast Guard initially reported that an oil sheen a mile long and 100 feet wide had begun to spread from the site of the blast, about 200 miles west of the site of BP's massive Deep Horizon oil spill.
But hours later, Coast Guard officials said crews were unable to find any spill.
Gulf ox Mexico: fight with oil spill almost over
17:46 11/08/2010
On August 4, the London-based BP oil company announced it had contained the oil spill in the Gulf of Mexico under the Static Kill operation.
Gulf of Mexico oil spill on BP CEO's head
18:53 03/08/2010
American Robert Dudley is to take over the Gulf oil spill response as BP's new CEO replacing British Tony Hayward on October 1. BP also reported its second-quarter loss of $17.15 billion, a record sum lost by a global oil producer.
TNK-BP in talks with BP on sale of Venezuelan assets
17:54 29/07/2010
The Russian-British oil venture TNK-BP has confirmed that it is in negotiations with British oil giant BP on the acquisition of BP's Venezuela-based assets, a TNK-BP spokesman said on Thursday.
Another well gushes oil into waters
17:49 28/07/2010
Oil and gas leaked from a damaged well on a waterway in Louisiana in the United States on Tuesday, north of a bay where officials have been fighting the spill from the BP disaster in the Gulf of Mexico.
TNK-BP Russian shareholders welcome Dudley's appointment as BP CEO
17:05 27/07/2010
Russian shareholders of Russian-British oil company TNK-BP welcome the appointment of Robert Dudley as BP head and the possible appointment of current BP Chief Executive Officer Tony Hayward as a TNK-BP director, TNK-BP Executive Director and co-owner German Khan said on Tuesday.
West Siberian research institute to help clean up Deepwater Horizon spill
12:06 27/07/2010
Russian scientists from a research institute in the West Siberian town of Tyumen will help clean up the oil spill in the Gulf of Mexico under a contract signed with U.S. Global Remediation Group, the institute's marketing specialist said on Tuesday.
BP chief Tony Hayward to leave post
10:55 27/07/2010
BP confirmed on Monday that chief executive Tony Hayward will leave his post in October.
BP boss to join Russian venture after stepping down
23:47 26/07/2010
BP boss Tony Hayward may be put forward for a non-executive the board of directors of the company's Russian venture, TNK-BP, after stepping down from the top job, Sky News said on Monday.
BP may sell stake in TNK-BP joint venture to raise funds
12:03 26/07/2010
British oil giant BP may sell some or all of its 50 percent stake in the Russian-British joint venture TNK-BP to raise funds after April’s oil spill in the Gulf of Mexico, The Times said on Monday.
BP chief may resign within days
19:29 25/07/2010
The British Petroleum (BP) Chief Executive Tony Hayward may resign from the post within days, world media say.
BP says spent $4 billion on containing oil slick
13:45 19/07/2010
The cost of cleaning-up the oil slick in the Gulf of Mexico has reached $4 billion, British Petroleum said in a press release on Monday.
Possible final moments before end of oil leak?
13:30 14/07/2010
In a potentially pivotal moment in the Gulf crisis, BP have been preparing to begin closing valves in a slow and methodical process that could finally choke off the geyser of crude at the bottom of the sea after three gloomy months and up to 180 (m) million gallons (681 (m) million litres) spilled.
Russia's mini-subs 'did not help out' at BP oil spill
15:43 13/07/2010
A Russian oceanographer denied media reports on Tuesday that Mir deep submersibles had plunged deep into the Gulf of Mexico to determine the circumstances of the BP oil spill in the Gulf of Mexico.
U.S. administration issues new moratorium on offshore drilling
13:54 13/07/2010
The U.S. Department of the Interior announced a new moratorium on deep-water offshore oil drilling on Monday, three weeks after a New Orleans federal judge rejected the first ban.
BP says spent $3.1 bln on containing oil spill
14:07 05/07/2010
BP has spent a total of $3.12 billion on cleaning up the oil spill in the Gulf of Mexico, the company said in a press release on Monday.
Russia proposes setting up special fund for tackling oil spills — Medvedev (Update-1)
07:31 28/06/2010
Russia proposes setting up of a special fund for tackling consequences of oil spills as well as to insure against such risks and Moscow will pass a law on this issue.
Russia proposes setting up special fund for tackling oil spills — Medvedev
02:34 28/06/2010
Russia proposes setting up of a special fund for tackling consequences of oil spills as well as to insure against such risks and Moscow will pass a law on this issue.
Environment issues more topical than ever after BP oil slick - Medvedev
17:25 18/06/2010
The ecological tragedy in the Gulf of Mexico shows the need to handle more responsibly environmental security issues, Russian President Dmitry Medvedev said on Friday.
More storms on the horizon for BP
20:08 17/06/2010
Oil producers operating in the United States have a tough road ahead. U.S. officials are already demanding guarantees from all mining and extraction companies that there will be no repeat of the disastrous oil spill in the Gulf of Mexico. 
Obama pledges to fight oil spill 'with everything we've got'
04:48 16/06/2010
U.S. President Barack Obama has pledged to do everything possible to prevent an "unprecedented environmental disaster" in the area around the Gulf of Mexico, which has been threatened by a massive oil spill.
Obama prepares to confront BP
13:20 15/06/2010
US President Barack Obama promised on Monday that "things are going to return to normal" along the stricken Gulf Coast, but said the catastrophic BP oil spill would not be cleaned up overnight. His visit is part of efforts to convince frightened Gulf Coast residents and a sceptical nation that he is in command of the response to the disaster, which started when a rig leased by BP exploded on April 20, causing (m) millions of gallons of crude oil to start leaking into the sea.

BP says oil spill cost it $1.6 billion
13:42 14/06/2010
BP said in a press release Monday that it already paid $1.6 billion for April's major oil spill in the Gulf of Mexico that led to an environmental disaster
Baikal group rejects role for Russian mini-subs in BP oil spill
14:49 07/06/2010
The Russian Mir submersibles are unlikely to be able to help BP tackle the oil spill in the Gulf of Mexico, a spokesperson for the Fund for the Protection of Lake Baikal said on Monday
BP's reputation tarred by oil spill - Russian paper
11:56 07/06/2010
BP's reputation has been so severely damaged by the huge oil spill in the Gulf of Mexico that the London-based oil giant may go out of business, Russian daily Izvestia said on Monday
BP calls for Russian mini-subs to tackle oil spill - paper
10:53 07/06/2010
The British oil giant BP wants Russian mini-subs to help in eliminating the oil spill in the Gulf of Mexico, Izvestia daily said on Monday.
Will 'Bad Petroleum' perish in the Gulf?
19:36 03/06/2010
British Petroleum, dubbed Bad Petroleum after the April 20 accident at its Deepwater Horizon drilling rig in the Gulf of Mexico, is only now coming to see the dramatic consequences of the accident, its early failure to assess the scale of it and act to stop the oil spill, and its clumsy attempts to shift the blame onto contractors and equipment suppliers.
BP rejects Avatar director's call for Russian mini-subs to help
17:16 03/06/2010
U.S. filmmaker James Cameron suggested to BP that Russian mini-subs Mir help to tackle oil spill in the Gulf of Mexico, but the oil major rejected the idea, a senior Russian researcher said on Thursday.
Obama to triple manpower in Gulf of Mexico
03:03 29/05/2010
U.S. President Barack Obama has pledged to triple the number of people involved in clean-up operations in areas along the Gulf of Mexico where oil from a massive spill has washed ashore or approached the coast. 
Greenpeace dubs BP 'British Polluters' over oil spill
19:11 20/05/2010
British Greenpeace activists unfurled a mock BP logo at the oil major's corporate headquarters in London on Thursday following the recent oil spill in the Gulf of Mexico.
First success in oil spill cleanup
19:25 19/05/2010
BP has found a way to pump out oil of the damaged well in the Gulf of Mexico.
Vet shows how to clean birds after oil spill
16:48 13/05/2010
How to clean oil off artificial bird.
Louisiana Bird Rescue Center staff showed a RIA Novosti correspondent how to clean oil off a wooden duck. 
Second attempt to stop oil leak
12:40 12/05/2010
A second, smaller oil containment box was lowered on Tuesday into the sea near the blown-out well in the Gulf of Mexico.
The box was being slowly submerged to the seabed but it won't be placed over the spewing well right away. 
Mississippi residents prepare for an environmental disaster
18:11 11/05/2010
An accident on an oil rig off the U.S. coast has turned into a major environmental disaster. The effects of the massive oil spill in the Gulf of Mexico have already hit the fishing and tourist industries in the coastal states.
Russia, UAE offer U.S. help in tackling oil spill in Gulf of Mexico
07:25 11/05/2010
Russia and the United Arab Emirates have offered their assistance in tackling the consequences of an oil spill in the Gulf of Mexico, the U.S. Department of State said.
Oil spill turns into a disaster for the Gulf of Mexico’s wildlife
22:59 06/05/2010
The huge oil leakage, which started after an oil drill explosion in the Gulf of Mexico, has caused a natural disaster.
Containment dome to collect leaking oil in Gulf of Mexico
18:54 06/05/2010
Engineers in Louisiana have assembled a 74-ton concrete-and-steel containment dome to be lowered into the sea to collect and prevent the spread of the gushing oil in the Gulf of Mexico.
How oil spills endanger sea life
17:48 05/05/2010Oil spill clean-up in the Gulf of Mexico
09:38 05/05/2010
An oil drilling rig sank in the Gulf of Mexico on April 22 after a 36-hour- long fire. The explosion and the subsequent oil leak from the 1.5-km deep well caused the oil spill to spread as far as the southern coast of the United States, reaching Louisiana and moving rapidly toward two other states – Florida and Alabama. 
American oil spill to benefit Russia
23:07 04/05/2010
The explosion at the Deepwater Horizon oil rig in the Gulf of Mexico has already been dubbed "Big Oil's Chernobyl," although it is still difficult to estimate the true scale of the disaster or the impact it will have on the local environment and the global economy.
Use of Chemicals in U.S. oil spill endangering wildlife - WWF
09:02 04/05/2010
The use of huge quantities of chemical dispersant to break up an oil spill from a BP drilling site in the Gulf of Mexico could seriously endanger local wildlife, WWF Russia's Oil and Gas Environmental Policy Officer said
Damage from Gulf of Mexico oil spill to exceed $5 billion - expert
20:35 03/05/2010
The damage from a massive oil spill in the Gulf of Mexico will exceed $5 billion, a World Wildlife Fund expert said on Monday. 
Oil leak in Gulf of Mexico potentially catastrophic - U.S. official
18:23 02/05/2010
An oil leak from a destroyed rig causing an oil spill in the Gulf of Mexico is massive and potentially catastrophic, the U.S. Interior Secretary Ken Salazar said on CNN's "State of the Union" program
Oil slick floating in the Gulf of Mexico
21:22 30/04/2010
Oil has been leaking in the Gulf of Mexico since Deepwater Horizon, a BP operated oil rig, exploded and sank after a 36-hour fire on April 22. 
Oil spill in Gulf of Mexico reported to have been washed ashore
17:38 30/04/2010
U.S. Coast Guard officials began investigating reports that oil from a massive spill in the Gulf of Mexico has hit the coastline in the early hours of Friday, posing a threat to nature on islands along the Gulf Coast, the New York Times said.
Oil spill off Gulf of Mexico “worst in decades”
12:18 30/04/2010
U.S. government officials said the blown-out well 40 miles (65 kilometers) off the Gulf of Mexico “worst in decades” is spewing five times as much oil into the water as originally estimated, about 5-thousand barrels, or 200-thousand gallons (757-thousand liters), a day.
- Images
The largest oil spill in history
15:33 22/04/2011
British Petroleum’s Deepwater Horizon oil rig exploded on April 20, 2010, and sank two days later after burning for 36 hours in the Gulf of Mexico off the coast of Louisiana. The blast claimed the lives of 11 people. An oil spill ensued, damaging Louisiana, Alabama and Mississippi.
Gulf ox Mexico: fight with oil spill almost over
17:46 11/08/2010
On August 4, the London-based BP oil company announced it had contained the oil spill in the Gulf of Mexico under the Static Kill operation.
Oil spill turns into a disaster for the Gulf of Mexico’s wildlife
22:59 06/05/2010
The huge oil leakage, which started after an oil drill explosion in the Gulf of Mexico, has caused a natural disaster.
Oil spill clean-up in the Gulf of Mexico
09:38 05/05/2010
An oil drilling rig sank in the Gulf of Mexico on April 22 after a 36-hour- long fire. The explosion and the subsequent oil leak from the 1.5-km deep well caused the oil spill to spread as far as the southern coast of the United States, reaching Louisiana and moving rapidly toward two other states – Florida and Alabama. 
Oil slick floating in the Gulf of Mexico
21:22 30/04/2010
Oil has been leaking in the Gulf of Mexico since Deepwater Horizon, a BP operated oil rig, exploded and sank after a 36-hour fire on April 22. 
- Video
A second oil platform exploded in the Gulf of Mexico in less than five months
14:08 03/09/2010
An oil platform exploded and caught fire off the Louisiana coast Thursday. The Coast Guard initially reported that an oil sheen a mile long and 100 feet wide had begun to spread from the site of the blast, about 200 miles west of the site of BP's massive Deep Horizon oil spill.
But hours later, Coast Guard officials said crews were unable to find any spill.
Another well gushes oil into waters
17:49 28/07/2010
Oil and gas leaked from a damaged well on a waterway in Louisiana in the United States on Tuesday, north of a bay where officials have been fighting the spill from the BP disaster in the Gulf of Mexico.
Possible final moments before end of oil leak?
13:30 14/07/2010
In a potentially pivotal moment in the Gulf crisis, BP have been preparing to begin closing valves in a slow and methodical process that could finally choke off the geyser of crude at the bottom of the sea after three gloomy months and up to 180 (m) million gallons (681 (m) million litres) spilled.
Obama prepares to confront BP
13:20 15/06/2010
US President Barack Obama promised on Monday that "things are going to return to normal" along the stricken Gulf Coast, but said the catastrophic BP oil spill would not be cleaned up overnight. His visit is part of efforts to convince frightened Gulf Coast residents and a sceptical nation that he is in command of the response to the disaster, which started when a rig leased by BP exploded on April 20, causing (m) millions of gallons of crude oil to start leaking into the sea.

Vet shows how to clean birds after oil spill
16:48 13/05/2010
How to clean oil off artificial bird.
Louisiana Bird Rescue Center staff showed a RIA Novosti correspondent how to clean oil off a wooden duck. 
Second attempt to stop oil leak
12:40 12/05/2010
A second, smaller oil containment box was lowered on Tuesday into the sea near the blown-out well in the Gulf of Mexico.
The box was being slowly submerged to the seabed but it won't be placed over the spewing well right away. 
Mississippi residents prepare for an environmental disaster
18:11 11/05/2010
An accident on an oil rig off the U.S. coast has turned into a major environmental disaster. The effects of the massive oil spill in the Gulf of Mexico have already hit the fishing and tourist industries in the coastal states.
Oil spill off Gulf of Mexico “worst in decades”
12:18 30/04/2010
U.S. government officials said the blown-out well 40 miles (65 kilometers) off the Gulf of Mexico “worst in decades” is spewing five times as much oil into the water as originally estimated, about 5-thousand barrels, or 200-thousand gallons (757-thousand liters), a day.
- Infographics
First success in oil spill cleanup
19:25 19/05/2010
BP has found a way to pump out oil of the damaged well in the Gulf of Mexico.
Containment dome to collect leaking oil in Gulf of Mexico
18:54 06/05/2010
Engineers in Louisiana have assembled a 74-ton concrete-and-steel containment dome to be lowered into the sea to collect and prevent the spread of the gushing oil in the Gulf of Mexico.
How oil spills endanger sea life
17:48 05/05/2010
- Comments
Story
Oil spill in Gulf of Mexico
An explosion which caused the oil spill ripped through the Deepwater Horizon, some 50 miles off the Louisiana coast. The blast claimed the lives of 11 people who were working on the rig and injured other 17. Some 6,000 U.S. National Guard troops were sent to the area of the disaster to help carry out clean-up operations.









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