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Tag Archives // Deepwater Horizon

BP supervisors are ‘scapegoats,’ defense says

November 19, 2012 // BP, BP, Business, Law, News and Views // No Comments

Steven Mufson,The Washington Post BP’s former rig supervisors Robert Kaluza and Donald Vidrine are the mystery men of the Deepwater Horizon oil drilling disaster that killed 11 workers and triggered the largest offshore oil spill in U.S. history. 

BP to Pay Record $4.5B Criminal Fine Over 2010 Oil Spill

November 19, 2012 // BP, BP, Business, Law, News and Views // One Comment

  By Matthew Huisman BPPLC has reached a settlement today with the Justice Department, in which the company will pay $4.5 billion and plead guilty to criminal misconduct charges related to the Deepwater Horizon explosion. 

BP agrees to pay $4.5B in criminal, securities claims by US for Gulf spill, oil giant announces

November 19, 2012 // BP, BP, Business, Law, News and Views // No Comments

Found on FoxNews.com. Associated Press also contributed to this article. LONDON – British oil giant BP has agreed to pay the U.S. government $4.5 billion in installments over a period of five years for the 2010 oil spill in the Gulf of [...]

BP Will Plead Guilty and Pay Over $4 Billion

November 19, 2012 // BP, BP, Business, Law, News and Views // No Comments

By Clifford Krauss and John Schwartz HOUSTON — BP, the British oil company, said on Thursday that it had agreed to pay $4.5 billion in fines and other penalties and to plead guilty to 14 criminal charges related to the rig [...]

BP Slapped with Record Fine

November 19, 2012 // BP, BP, Business, Law, News and Views // No Comments

By Tom Fowler BPBP.LN +3.60% PLC agreed to accept criminal responsibility for the 2010 Deepwater Horizon disaster that killed 11 workers and to pay $4.5 billion in fines and restitution, the biggest penalty ever levied by the U.S. Justice Department.