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Judge Hears Details Of Gulf Oil Spill Settlement

A judge said that he is leaning in favor of granting approval to a class-action settlement that would resolve billions of dollars in claims against BP over the 2010 oil spill in the Gulf of Mexico.

04/26/2012

(credit: AP Photo)

Judge To Hold Hearing On Gulf Oil Spill Settlement

A judge is set to preside over a hearing on a class-action settlement that would resolve billions of dollars in claims against BP over the 2010 Gulf oil spill.

04/25/2012

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Judge Asked To Approve BP Oil Spill Settlement

BP and a team of attorneys have presented a settlement to resolve economic damage claims from the 2010 oil spill in the Gulf of Mexico.

04/18/2012

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People Close To Case: Gulf Oil Spill Trial Delayed

A federal trial over the nation’s worst offshore oil disaster has been delayed for a week to allow more time for settlement talks, according to two people close to the case.

02/26/2012

The letters BP, inscribed in sand and oil by a Greenpeace activist, are shown on a beach at the mouth of the Mississippi River on May 17, 2010 in near Venice, Louisiana. (credit: John Moore/Getty Images)

BP Settles With Maker Of Failed Blowout Preventer

BP said it was “in their mutual best interests, and the agreement is not an admission of liability by either party.” The companies are dropping all claims against one another, they said.

12/16/2011

This photo, taken on October 29, 2010, shows wind turbines at work. (credit: TONY KARUMBA/AFP/Getty Images)

BP Building 4th Wind Farm In North Texas

BP Wind Energy has begun construction on its 90-turbine Trinity Hills wind farm about 90 miles northwest of Fort Worth.

05/04/2011

Birds fly over an island that is threatened by the massive Deepwater Horizon/BP oil spill on May 9, 2010 in Gulf of Mexico. (credit: Joe Raedle/Getty Images)

Day Of Remembrance: 1 Year After Gulf Oil Disaster

Relatives of some of the 11 men who died aboard the Deepwater Horizon oil rig are flying over the Gulf of Mexico on Wednesday, back to the epicenter of the worst offshore oil spill in the nation’s history.

CBSDFW.COM–04/20/2011

Workers remove oil washed ashore from the Deepwater Horizon oil spill in the Gulf of Mexico on June 26, 2010 in Orange Beach, Alabama. (credit: Joe Raedle/Getty Images)

Panel Says Gulf Oil Spill Could Happen Again

Disasters like the Gulf oil spill could happen again, according to the conclusions of a presidential panel.

01/06/2011

Workers clear off some of the oil residue on the beach from the Deepwater Horizon oil spill in the Gulf of Mexico on July 4, 2010 in Pass Christian, Mississippi. (credit: Joe Raedle/Getty Images)

BP Deep-Cleaning Gulf Beaches Amid New Worries

BP has launched its biggest push yet to clean the tourist beaches that were coated with crude during the Gulf oil spill.

11/17/2010

Former BP CEO Tony Hayward appears before a House Oversight and Investigations Subcommittee hearing on "The Role Of BP In The Deepwater Horizon Explosion And Oil Spill" on Capitol Hill in Washington, D.C. on June 17, 2010. (credit: CHRIS KLEPONIS/AFP/Getty Images)

Hayward Says BP Was Unprepared For Gulf Oil Spill

Former BP chief Tony Hayward has acknowledged that the company was unprepared for the disastrous Gulf of Mexico oil spill.

11/09/2010

Workers remove oil washed ashore from the Deepwater Horizon oil spill in the Gulf of Mexico on June 26, 2010 in Orange Beach, Alabama. (credit: Joe Raedle/Getty Images)

Gulf Oil Spill Cost Hits $40 Billion

BP says the cost of the devastating Gulf of Mexico oil spill has grown to $40 billion, dragging down its third quarter net profit.

11/02/2010

Obama Administration lifts Gulf Coast oil drilling moratorium

The moratorium on deep water drilling in the Gulf of Mexico has been lifted because new safety standards will make a disastrous oil spill much less likely, Interior Secretary Ken Salazar announced today.

10/12/2010

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