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BP Found Grossly Negligent in 2010 Spill; Fines May Rise

2014-09-05 03:22:00| Energy - Topix.net

BP Plc acted with gross negligence in setting off the biggest offshore oil spill in U.S. history, a federal judge ruled, handing down a long-awaited decision that may force the energy company to pay billions of dollars more for the 2010 Gulf of Mexico disaster. U.S. District Judge Carl Barbier held a trial without a jury over who was at fault for the environmental catastrophe, which killed 11 people and spewed oil for almost three months into waters that touch the shores of five states.

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BP 'grossly negligent' in 2010 U.S. spill, fines could be $18 billion

2014-09-05 03:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A U.S. judge has decided that BP Plc was grossly negligent and reckless in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly $18 billion in fines to more than $42 billion in charges the company took for the worst offshore environmental disaster in U.S. history. BP said it would appeal Thursdays ruling by U.S. District Judge Carl Barbier in New Orleans, Louisiana, who held a trial without a jury last year to determine who was responsible for the April 20, 2010 rig...

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BP found to be grossly negligent in 2010 Gulf of Mexico oil spill

2014-09-05 01:00:00| Offshore Technology

A US federal judge has ruled that BPs willful misconduct and gross negligence led to the Deepwater Horizon oil spill in the Gulf of Mexico in 2010.

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BP's reckless conduct caused Deepwater Horizon oil spill, judge rules

2014-09-04 23:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: BP bears the majority of responsibility among the companies involved in the Deepwater Horizon oil spill, a federal judge ruled Thursday, citing the energy giants reckless conduct over the disaster in a ruling that exposes it to billions of dollars in penalties. BP plc already has agreed to pay billions of dollars in criminal fines and compensation to people and businesses affected by the disaster, the worst-ever US oil spill. But US district Judge Carl Barbiers ruling could nearly quadruple...

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BP could face $18bn in extra fines after US ruling Gulf Mexico spill

2014-09-04 23:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: BP could face up to $18bn (11bn) in further fines after being found guilty of gross negligence for the Deepwater Horizon blowout that killed 11 workers and led to millions of barrels of oil spewing into the Gulf of Mexico. The oil firm had repeatedly expressed confidence it could avoid such a damning verdict over America's biggest offshore oil accident but a US district judge, Carl Barbier, ruled on Thursday that BP had been reckless as well as negligent. The long-awaited decision from the...

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