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January 2013 Archives
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January 2013 Archives

Judge OKs $4B BP oil spill criminal settlement

NEW ORLEANS (AP) - A federal judge on Tuesday approved an agreement for BP PLC to plead guilty to manslaughter and other charges and pay a record $4 billion in criminal penalties for the company's role in the 2010 oil disaster in the Gulf of Mexico.U.S. District Judge Sarah Vance also heard testimony from relatives of 11 workers who died when BP's blown-out Macondo well triggered an explosion on the Deepwater Horizon drilling rig and started the spill.BP agreed in November to plead guilty to charges involving the workers' deaths and for lying to Congress about the size of the spill from its broken well, which spewed more than 200 million gallons of oil. Much of it ended up in the Gulf and soiled the shorelines of several states. The company could have withdrawn from the agreement if Vance had rejected it.

Federal judge rejects motion to extend deadline for BP oil spill seafood settlement

The federal judge overseeing the massive BP Gulf of Mexico oil spill litigation has denied a request to extend the deadline for commercial fishing vessel owners and others to join a $2.3 billion settlement to cover seafood-related claims.

BP claims chief says $332M being paid in Florida

TALLAHASSEE, Fla. (AP) - The administrator of a settlement between BP and oil spill claimants says more than 34,000 Florida businesses and individuals so far have been deemed eligible for $332 million.Patrick Juneau, though, believes many more people and businesses may qualify.

Gulf Oil Spill Conference

NEW ORLEANS (AP) - Retired Coast Guard Adm. Thad Allen, who was in charge of cleaning up BP's 2010 oil spill in the Gulf of Mexico, will be the keynote speaker at an international scientific conference about the Gulf.His speech Monday in New Orleans kicks off hundreds of scientific presentations through Wednesday. They range from socioeconomic effects of the spill to developments in dispersant science and technology.

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