February 17, 2015
BP Exploration & Production Inc. has asked a Louisiana federal judge to admit evidence of its Deepwater Horizon spill-related costs and liabilities made under a 2012 plea agreement, dismissing the government's position that they should not be noted in the penalty trial.
February 02, 2015
An expert witness for Anadarko Petroleum Corp. on Monday said there is no economic rationale for penalizing the company under the Clean Water Act for its role in the Deepwater Horizon disaster, and that imposing a penalty of up to $4 billion could have negative consequences on investments in the Gulf of Mexico.
January 28, 2015
BP Exploration and Production Inc. pumped billions into economies surrounding the Gulf of Mexico and helped stabilize tourism and fishing industries through spending and subsidies in the years following the 2010 Deepwater Horizon disaster, a witness for the company testified Wednesday.
January 27, 2015
A witness for BP Exploration and Production Inc. on Tuesday testified in Louisiana federal court that beaches and marshes drenched with oil as a result of the 2010 Deepwater Horizon spill are back to pre-spill conditions, an assertion that faced scrutiny from the U.S. government.
January 26, 2015
Witnesses for BP Exploration and Production Inc. on Monday called the company's response to the Deepwater Horizon disaster "extraordinary," as the oil giant began its case in the penalty phase over its responsibility for the 2010 well blowout.
January 23, 2015
The federal government on Friday wrapped up its case against BP Exploration and Production Inc. and Anadarko Petroleum Corp. in the penalty phase trial over the Deepwater Horizon disaster, closing with testimony that the companies won't suffer long-term harm if they're hit with the maximum penalties.
January 22, 2015
The federal government on Thursday hammered away at BP Exploration and Production Inc. for the economic harm caused by the Deepwater Horizon disaster, and tried to establish that parent company BP PLC should be on the hook for any penalty.
January 21, 2015
Federal government witnesses testifying Wednesday on the Deepwater Horizon disaster's ecological and toxicological impacts said the event definitely harmed wildlife and criticized BP Exploration & Production Inc.'s science experts for downplaying the effects, in a trial to determine how much BP will pay for the spill.
January 20, 2015
An anthropologist testifying for the federal government in a trial to determine how much BP Exploration & Production Inc. will pay for the Deepwater Horizon disaster said Tuesday that despite economic recovery efforts, the event created serious socioeconomic disparities.
January 20, 2015
Federal attorneys on Tuesday told a Louisiana federal judge that BP Exploration and Production Inc. deserves a penalty closer to the $13.7 billion maximum for its role in the Deepwater Horizon disaster, while the company said the scope and quality of its spill response warrants a lower amount.