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BP sees profit slump on oil spill charge

BP's second-quarter profit slumped by nearly two thirds from a year ago as it grappled with lower crude prices and took a huge $10.8 billion charge related to the 2010 Gulf of Mexico oil spill.
Business • 28 Jul 15

BP bid to reduce $13.7bn oil spill fine rejected

A US judge has rejected BP’s attempt to reduce the maximum civil fine it could face for its role in the 2010 Gulf of Mexico oil spill, leaving it potentially liable to pay $13.7bn under the federal Clean Water Act.
Business • 20 Feb 15

Shell to pay out £55m to settle Nigeria claims

Royal Dutch Shell will pay out £55m in compensation for two oil spills in Nigeria in 2008 after agreeing a settlement with the affected community.
Business • 07 Jan 15

Halliburton pays $1.1 billion for Gulf oil spill

Oil services company Halliburton has said it would pay a $1.1bn settlement over its role in the 2010 Gulf of Mexico oil rig blowout that led to the United States' most disastrous oil spill.
Business • 02 Sep 14

BP ready for trial in Deepwater Horizon case

BP today acknowledged that it had failed to reach a settlement in advance of next week's civil trial on the Deepwater Horizon accident.
Business • 19 Feb 13

BP beats forecast as oil spill trial looms

Fourth quarter profits from British oil company BP beat analysts' expectations today thanks to a record performance from its refining division.
Business • 05 Feb 13

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