Gulf Of Mexico | OTC Capital Partners
Thursday, February 9, 2012

BP preparing "vigorously" for oil spill lawsuits

Posted by Reuters: Business News on February 7, 2012

LONDON (Reuters) – BP said it was preparing “vigorously” for lawsuits related to its Gulf of Mexico oil spill, which are due to start later this month, as it unveiled a rise in fourth-quarter earnings boosted by higher oil prices and one-off gains.



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BP must cover some Transocean oil spill damages

Posted by Reuters: Business News on January 27, 2012

(Reuters) – A federal judge on Thursday said BP Plc must indemnify Transocean Ltd for some compensatory damage claims over the 2010 Gulf of Mexico oil spill.



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BP challenges Halliburton court request on spill

Posted by Reuters: Business News on January 3, 2012

LONDON/NEW YORK (Reuters) – BP has opened 2012 with a new legal move in its battle to force contractor Halliburton to help pay the costs and expenses it incurred to clean up the 2010 Gulf of Mexico oil spill, which the oil major previously put at around $42 billion.



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BP settles with spill blow-out preventer maker Cameron

Posted by Reuters: Business News on December 16, 2011

(Reuters) – Cameron International Corp agreed a $250 million settlement with BP to help pay for costs associated with the Gulf of Mexico oil spill, raising hopes that deals between the British oil major and two other contractors could follow.



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U.S. cites BP 5 more times for Gulf spill

Posted by Reuters: Business News on December 7, 2011

WASHINGTON (Reuters) – The U.S. offshore drilling safety agency on Wednesday issued five more citations against BP for its oil spill in the Gulf of Mexico last year.



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BP says Halliburton destroyed Gulf spill evidence

Posted by Reuters: Business News on December 6, 2011

(Reuters) – BP Plc accused Halliburton Co of destroying evidence that the oilfield services company did inadequate cement work on the Gulf of Mexico oil well that blew out last year, and asked a federal judge to punish Halliburton.



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BP turns a corner after Gulf blowout

Posted by Reuters: Business News on October 25, 2011

LONDON (Reuters) – BP has turned a corner after the Gulf of Mexico disaster, its chief executive said on Tuesday, predicting the British oil firm would now return to output and cashflow growth and rejecting calls for a fundamental restructuring of the group.


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BP says output fall has bottomed out

Posted by Reuters: Business News on

LONDON (Reuters) – BP has turned the corner in its recovery from the Gulf of Mexico oil spill, the British oil major said on Tuesday, predicting production growth and an almost 50 percent increase in planned divestments to $45 billion.


Presented By:
   Grainger has thousands of products that help plan and execute your readiness plans. We take preparedness seriously in our operations and are committed to partnering with you to plan and prepare for, respond to and recover from disruptions to your business or operations.
www.grainger.com


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Halliburton sues BP for defamation over Gulf spill

Posted by Reuters: Business News on September 2, 2011

(Reuters) – Halliburton Co is suing BP Plc for “negligent misrepresentation, business disparagement and defamation” related to BP’s claims about who was to blame for last year’s Macondo oil spill in the Gulf of Mexico.



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Some Gulf oil spill claims against BP dismissed

Posted by Reuters: Business News on August 26, 2011

NEW YORK (Reuters) – A federal judge overseeing hundreds of lawsuits related to last year’s massive oil spill in the Gulf of Mexico on Friday dismissed some plaintiff claims and allowed others to remain in the litigation.



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