Gulf Oil Spill

BP oil spill: Company drops effort to get back some of the cash paid in business claims

Over 130 million gallons of oil leaked in 2010 BP oil spill NEW ORLEANS – Energy giant BP is ending its effort to recoup money it paid in economic damage claims to businesses and individuals under a settlement arising from the 2010 Gulf of Mexico oil spill. On Friday, the company filed a motion to withdraw an

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BP to reimburse $58.2M to Louisiana AG office for Gulf oil spill

Money included in BP $20B settlement announced last week BATON ROUGE, La. – Energy company BP will reimburse the Louisiana Attorney General’s Office $58.2 million for its expenses, fees and litigation costs tied to the 2010 oil spill disaster in the Gulf of Mexico. The Advocate reports (http://bit.ly/1NE6DTG) the money was included in BP’s record settlement

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New US offshore oil drilling regs proposed as Gulf spill anniversary nears

US offshore oil drilling regulations strengthen oversight of drilling equipment A week shy of the fifth anniversary of the Deepwater Horizon oil spill, the Obama administration proposed new regulations Monday aimed at strengthening oversight of offshore oil drilling equipment and ensuring that out-of-control wells can be sealed in an emergency. The explosion of the Deepwater

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