oil spill

$7.8 billion BP settlement wins preliminary court approval

By Alanna Byrne | May 3, 2012

BP has won preliminary court approval for a proposed $7.8 billion settlement with victims of the 2010 Deepwater Horizon oil spill.
Reviewing 5 of April’s top stories

By Alanna Byrne | April 27, 2012

The Dewey & LeBeouf saga, big oil lawsuits, age discrimination and more
Judge may grant approval to $7.8 billion BP settlement

By Julie Beck | April 26, 2012

In March, BP announced its $7.8 billion settlement with victims of the Deepwater Horizon oil spill in the Gulf of Mexico, but it has yet to be approved.
Second civil case against Chevron transferred to Rio de Janeiro

By Julie Beck | April 16, 2012

On Tuesday, a federal judge in Brazil transferred a civil suit against oil giant Chevron Corp. to a court in Rio de Janeiro to determine if the case is linked to another civil suit filed against Chevron.
Regulatory: Brazil’s changing regulatory winds

By Jaime Guerrero | April 11, 2012

Multinational companies and their executives operating in Brazil have increased cause to tread carefully with respect to anti-corruption compliance.
BP reaches $7.8 billion settlement with victims of Gulf oil spill

By Alanna Byrne | March 5, 2012

Nearly two years after an offshore explosion leaked nearly 5 billion barrels of oil into the Gulf of Mexico, British Petroleum (BP) has reached a $7.8 billion settlement with businesses and individuals who sued over the spill.
BP may pay up to $25 billion in oil spill settlement

By Julie Beck | January 19, 2012

The rumor mill is a-churnin’, and the story it has spun for us today is that BP will likely agree to a $20 billion to $25 billion settlement with the Department of Justice (DOJ) over civil and criminal charges that resulted from the Deepwater Horizon oil spill in the Gulf...
Brazil sues Chevron and Transocean over Rio de Janeiro oil spill

By Julie Beck | December 15, 2011

Public prosecutors in Brazil aren’t afraid to get a little dirty to fight Big Oil.
BP, Anadarko end Gulf oil spill dispute

By Shirley Li | October 17, 2011

Two companies involved in last year’s Gulf oil spill announced Monday they will settle claims over the disaster. Anadarko Petroleum Corp. will pay BP $4 billion, a higher-than-expected figure, analysts said.
Fines on horizon for BP, Transocean and Halliburton

By Ashley Post | October 13, 2011

Yesterday U.S. offshore-drilling regulators issued citations against BP and two of its contractors—Transocean Ltd. and Halliburton Co.—for violating drilling regulations that led to last year’s Deepwater Horizon oil spill. The citations likely will lead to hefty fines for the companies.