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Federal judge rejects British Petroleum’s challenge to $7.8 billion settlement

A US federal judge has rejected a bid from BP to require companies prove their losses are directly linked to the 2010 massive Gulf of Mexico oil spill before getting a payout. The British energy giant last year reached a $7.8 billion settlement with thousands of people and businesses hit…

BP wins reprieve over compensation for oil spill

A U.S. court has given BP a boost in its fight to limit how much it must pay in compensation for the 2010 oil spill disaster in the Gulf of Mexico. An appeals court in New Orleans ruled on Wednesday that payments to some companies with disputed loss claims arising…