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Business 08 Sep 2014 | 8:58 AM Premium

UK government lends hand to BP in US Gulf oil spill ruling

LONDON: The British government has urged the U.S. Supreme Court to review an appeals court ruling against BP Plc over a 2010 Gulf of Mexico oil spill that produced one of the largest class actions in American history.

Business 04 May 2010 | 12:00 AM Premium

Economic data - not spill - push oil prices higher

NEW YORK (AP): Oil prices edged higher Monday, as traders watched whether the massive crude spill in the Gulf of Mexico will curtail imports if the oil slick shuts down a key shipping lane.

Business 08 Oct 2010 | 12:00 AM Premium

Lawyers compete for big payoff, control in BP oil spill case

MIAMI: More than 100 lawyers are battling for the biggest chunks of what is likely to be a multibillion-dollar settlement for Gulf of Mexico oil spill victims, jockeying for spots on the elite team that will control the plaintiffs' cases.

Business 27 Sep 2010 | 12:00 AM Premium

Experts question BP's take on Gulf oil spill

WASHINGTON: Engineering experts probing the Gulf of Mexico oil spill exposed holes Sunday in BP's internal investigation as the company was questioned for the first time in public about its findings.

Business 22 Dec 2010 | 12:00 AM Premium

AP Poll: Gulf oil spill voted top news story of 2010 in US

NEW YORK: The massive Gulf of Mexico oil spill, triggered by a deadly blast at a rig used by BP, was the top news story of 2010, followed by the divisive health care overhaul, according to The Associated Press' annual poll of U.S. editors and news directors.

Business 01 Feb 2011 | 12:00 AM Premium

91,000 Gulf oil spill claims, just 1 final payment

OCEAN SPRINGS, Mississippi: BP's compensation fund for Gulf oil spill victims has issued a final settlement payment to just one of the thousands of people and businesses waiting for checks, records show, and that $10 million payout went to a company after the oil giant intervened on its behalf.

Corporate News 20 Jul 2017 | 1:06 PM Premium

Port of Tg Pelepas files RM31.9mil oil spill damage suit

KUALA LUMPUR: Port operator Pelabuhan Tanjung Pelepas Sdn Bhd (PTP) has filed a suit seeking RM31.86mil plus interest for losses due to an oil spill at PTP’s premises from tanker MV Trident Star in August last year.

Business 11 Jan 2014 | 12:43 PM Premium

US appeals court affirms BP settlement in 2010 Gulf oil spill

A panel of the 5th U.S. Circuit Court of Appeals on Friday affirmed a federal judge's approval of a multi-billion dollar settlement between BP Plc and businesses and individuals who lost money and property in the 2010 Gulf of Mexico oil spill.

Business 30 Dec 2010 | 12:00 AM Premium

Rig owner refuses to honor Gulf oil spill subpoenas

NEW ORLEANS (AP) - The owner of the rig that exploded in the Gulf of Mexico is refusing to honor subpoenas from a federal board that has challenged the company's involvement in monitoring the testing of a key piece of equipment that failed to stop the oil spill disaster.

Business 03 Feb 2011 | 12:00 AM Premium

BP oil spill: Recovery by end of 2012

NEW ORLEANS: The Gulf of Mexico should largely recover from BP's oil spill by the end of next year , and all final settlement offers to victims who lost revenue from the disaster will be based on that assessment, the administrator of the $20 billion compensation fund said Wednesday.