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BP again fighting $11 billion fine from Gulf oil spill in court

BP’s lawyers will fight attempts to fine the oil giant up to $18 billion (£11.1bn) over the 2010 Deepwater Horizon disaster, when a new trial opens in New Orleans on Monday. The latest legal battle revolves around the company’s efforts to cap its runaway well, and the amount of oil…

BP reaches $7.8 billion settlement over US oil spill

Oil giant BP has reached a $7.8 billion (5.9 billion euro) deal to settle thousands of claims from the 2010 Gulf of Mexico oil spill, but some of the victims said Saturday that the money won’t bring the disaster to a close. The settlement announced late Friday does not affect what is anticipated…

U.S. eyes first BP criminal charges over Gulf spill: report

US prosecutors are readying criminal charges against British oil giant BP employees over the 2010 Deepwater Horizon accident that led to the catastrophic Gulf oil spill, The Wall Street Journal reported online. The charges if brought and prosecuted by the US Justice Department would be the first criminal charges over the disaster. Citing sources close to the matter, the Journal said…

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