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2014-10-03 20:09:00

BP CHALLENGES $18 BLN

BP CHALLENGES $18 BLN

Lawyers for BP have called for a retrial or a revised judgment after spotting what they believe to be a legal mistake in the court ruling last month that the company acted with gross negligence in the 2010 Deepwater Horizon disaster.

The argument is the first formal response that the UK oil group has made to the court's decision, which left BP facing a maximum official penalty of $18bn.

In a filing on Thursday evening to the US district court in New Orleans, BP argued that Judge Carl Barbier, who is hearing the civil case over the disaster, relied on evidence that had been excluded from the trial when reaching…

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Tags: BP, OIL, HALLIBURTON
BP CHALLENGES $18 BLN February, 18, 12:30:00

OIL PRICE: ABOVE $66

BP CHALLENGES $18 BLN February, 18, 12:25:00

OIL DEMAND GROWTH 1.4 MBD

BP CHALLENGES $18 BLN February, 18, 12:20:00

BRENT OIL: UNDERVALUED

BP CHALLENGES $18 BLN February, 18, 12:15:00

U.S. OIL PRODUCTION 11.9 MBD AGAIN

BP CHALLENGES $18 BLN February, 18, 12:10:00

BENEFIT FOR RUSSIA

BP CHALLENGES $18 BLN February, 18, 12:05:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

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Chronicle:

BP CHALLENGES $18 BLN
2019, February, 18, 12:00:00

БЫСТРАЯ СИЛА СИБИРИ

ГАЗПРОМ - Как отметил по итогам переговоров Алексей Миллер, «строительство газопровода „Сила Сибири“ идет с опережением графика, „Газпром“ начнет поставки газа в Китай раньше намеченного срока — уже с 1 декабря 2019 года».

BP CHALLENGES $18 BLN
2019, February, 18, 11:55:00

U.S. TIGHT OIL PRODUCTION 7 MBD

U.S. EIA - In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production.

BP CHALLENGES $18 BLN
2019, February, 18, 11:50:00

U.S. SHALE NEED INVESTMENT

REUTERS - On Thursday, the regional price of crude was at a $1.10 a barrel premium to U.S. crude futures, the strongest in more than a year as companies including Parsley Energy, Pioneer Natural Resources, Goodrich Petroleum Corp have pared their exploration budgets, easing the constraints.

BP CHALLENGES $18 BLN
2019, February, 18, 11:45:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.6%

U.S. FRB - Industrial production decreased 0.6 percent in January after rising 0.1 percent in December.

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