US judge approves $20bn BP oil spill settlement
A federal judge in New Orleans has granted final approval to an estimated $20 billion (£14billion) settlement over the 2010 BP oil spill in the Gulf of Mexico.
Deepwater Horizon
Video: Deepwater Horizon disaster gets Hollywood treatment
The first trailer of the Deepwater Horizon film expected for release later this year has emerged.
BP rig engineer cleared of Deepwater Horizon negligence charge
A former BP rig engineer has been found not guilty of negligence that contributed to the 2010 Deepwater Horizon disaster.
EV Insights: Macondo’s bitter legacy lingers on
Five years on from the Deepwater Horizon disaster, the fallout from the world’s worst oil spill continued in 2015. Energy Voice looks back at some of the key developments that occurred this year.
Loren Steffy: The Deepwater Horizon case’s Potemkin village of prosecution finally crumbles
Perhaps the only thing more egregious than the prosecution of former BP engineer Kurt Mix was the way that prosecution ended: with a whimper so barely audible you may have missed it.
BP employees have Deepwater Horizon manslaughter charges dropped
Federal prosecutors dropped manslaughter charges against BP’s top two employees on the doomed oil rig that blew up in 2010, the latest setback for investigators probing the largest offshore oil spill in US history.
Offshore Europe 2015: New Plexus wellhead system “safe enough for the Arctic”
The developer of a new kind of wellhead that was designed following the Deepwater Horizon tragedy said it is safe enough to operate in the Arctic.
With options dwindling, BP seized a chance to settle oil spill case
In early May, with its legal options dwindling and investors impatient, BP saw a chance to negotiate what became a $18.7 billion settlement that ended five years of litigation over the worst offshore oil spill in U.S. history. An unexpected opportunity to secure a global deal that would wipe the slate clean of hundreds of claims and untold billions of dollar in penalties opened up when Chief Executive Bob Dudley met with Patrick Juneau, the lifelong Louisiana litigator who BP had panned for handing out "absurd" sums of money as part of a class settlement in 2012. The British giant was ready to bury the hatchet after years of acrimony over payouts, which had ballooned to more than $10 billion. It had bigger problems: unresolved claims by the federal government, five Gulf of Mexico states and hundreds of local municipalities stemming from Macondo well blowout.
BP says Deepwater Horizon deals are a “path for closure”
BP has reached agreements in principle to settle all US federal and state claims arising from the Deepwater Horizon accident and spill in 2010.
BP claims Gulf spill payment should reflect oil price drop
BP has claimed any gulf spill compensation payments by it should be less to reflect the oil price plunge. The oil giant is currently in a legal wrangle over what civil penalties it should make following the Deepwater Horizon rig disaster in 2010. The company said in legal filings before the final round of the case next month that penalties – which could beup to $18billion – would have a “very significant economic impact” on BP and its exploration and production business. BP claims any future ruling should take into account the fall in the oil price, the company’s clean-up efforts and the environmental improvement in the Gulf of Mexico.
Halliburton agrees to pay $1.1billion to settle Macondo claims
Halliburton has agreed to pay $1.1billion to settle a string of lawsuits filed against the firm in relation to its role in one of the most devastating offshore oil spills in US history.