Gulf of Mexico Oil Spill

Encana names BP Gulf spill veteran as its new CEO

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CALGARY/HOUSTON - Encana Corp named former BP Plc executive Doug Suttles, who played a major role in responding to BP's disastrous 2010 Gulf oil spill, as its new chief executive on Tuesday as Canada's largest natural-gas producer searches for a new course following years of strategic missteps.

UPDATE 3-Encana names BP Gulf spill veteran as its new CEO

CALGARY/HOUSTON, June 11 - Encana Corp named former BP Plc executive Doug Suttles, who played a major role in responding to BP's disastrous 2010 Gulf oil spill, as its new chief executive on Tuesday as Canada's largest natural-gas producer searches for a new course following years of strategic missteps.

11 Jun 2013

Alabamans should claim more BP spill money: state official

BIRMINGHAM, Alabama - Alabama Attorney General Luther Strange said the $500 million paid by BP Plc in compensation in the state for the 2010 Gulf of Mexico oil spill was just the "tip of the iceberg" and called for more claims, believing Alabama had not received a fair share of the $3 billion in total payouts so far.

05 Jun 2013

Alabamans should claim more BP spill money - state official

BIRMINGHAM, Ala., June 5 - Alabama Attorney General Luther Strange said the $500 million paid by BP Plc in compensation in the state for the 2010 Gulf of Mexico oil spill was just the "tip of the iceberg" and called for more claims, believing Alabama had not received a fair share of the $3 billion in total payouts so far.

05 Jun 2013

Academics back BP's fight to cap oil spill payouts

LONDON - A group of accountancy professors is backing BP's fight to cap the U.S. oil spill compensation payouts it has to fund as the cash outflow threatens to add billions of dollars to its bill for the disaster.

24 May 2013

UPDATE 1-Academics back BP's fight to cap oil spill payouts

LONDON, May 24 - A group of accountancy professors is backing BP's fight to cap the U.S. oil spill compensation payouts it has to fund as the cash outflow threatens to add billions of dollars to its bill for the disaster.

24 May 2013

U.S. academics back BP in oil spill payouts battle

LONDON, May 23 - A group of U.S. accountancy professors is backing BP's fight to rein in compensation it has to pay for the 2010 Gulf of Mexico oil spill, which is threatening to add billions of dollars to its growing bill for the disaster.

23 May 2013

Texas joins flood of states suing BP over 2010 Gulf spill

- Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history.

18 May 2013

Texas joins flood of states suing BP over 2010 Gulf spill

May 18 - Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history.

18 May 2013

NY City sues BP over Deepwater Horizon spill: Comptroller

NEW YORK - New York City said on Friday it sued BP Plc for more than $39 million of losses it claims beneficiaries of the city's pension funds sustained due to BP's "misconduct and fraudulent behavior" linked to the 2010 Deepwater Horizon oil spill.

26 Apr 2013

Factboxes & Scenarios

Gardner Workers use pumps to suck up pockets of oil in Bay Barataria near Grand Isle, Louisiana June 13, 2010. REUTERS/Sean Gardner

Q&A: How would penalties apply?

Companies linked to the Gulf of Mexico oil spill face increasing liabilities and potential penalties. Here are some questions and answers on how it could play out.  Full Article