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Halliburton to Pay $1.1 Billion Settle Damages in Gulf of Mexico Oil Spill

2014-09-03 04:41:29| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Halliburton, the company contracted by BP to cement the ill-fated Macondo oil well in the Gulf of Mexico, has reached a $1.1 billion settlement with thousands of businesses, individuals and local governments that suffered losses from the 2010 Deepwater Horizon oil rig explosion, the company and plaintiffs announced on Tuesday. The settlement represents a small fraction of the damages paid out by the companies involved in the accident, which left 11 workers dead, spilled millions of gallons of...

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Halliburton reaches $1.1bn settlement over Deepwater Horizon oil spill

2014-09-03 00:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Halliburton Co, North Americas top oilfield services provider, said it reached a $1.1bn settlement for a majority of claims related to its role in BPs fatal oil spill in the Gulf of Mexico in 2010. The settlement, which includes legal fees, is subject to approval by the US District Court for the Eastern District of Louisiana, Halliburton said. The amount, to be paid in three installments over the next two years, will be put into a trust until all appeals are resolved, the company said. We...

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Halliburton reaches $1.1B oil spill settlement

2014-09-02 19:50:43| Energy - Topix.net

A spokesman says more than 30 teens escaped from a Nashville youth detention center and 17 are still being sought.

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Halliburton reaches $1.1B oil spill settlement

2014-09-02 18:03:53| Oil & Gas - Topix.net

A spokesman says more than 30 teens escaped from a Nashville youth detention center and 17 are still being sought.

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Halliburton Agrees to $1.1 Billion Gulf Oil Claims Settlement

2014-09-02 18:03:52| Oil & Gas - Topix.net

Halliburton Co. agreed to pay $1.1 billion to settle a majority of lawsuits brought over its role in the largest offshore oil spill in U.S. history.

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