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2015-07-01 18:55:00

BP FULL LIABILITY $13.7 BLN

BP FULL LIABILITY $13.7 BLN

The U.S. Supreme Court refused to hear an appeal from oil majors BP and Anadarko Petroleum leaving intact a lower court ruling that makes the firms potentially liable for billions of dollars in fines for the disastrous oil spill in the Gulf of Mexico in 2010.

The high court decided to let a ruling by U.S. District Judge Carl Barbier that BP and Anadarko were automatically liable as co-owners of the Deepwater Horizon oil rig stand. A decision to consider the case could have resulted in a delay in Barbier's anticipated ruling on a government request for up to $13.7 billion in civil fines from BP and over $1 billion from Anadarko.

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Tags: BP, OIL, GULF, BRITISH, PETROLEUM
Chronicle:
BP FULL LIABILITY $13.7 BLN
2019, November, 18, 13:02:00
NEW FRONTIERS IN RENEWABLE ENERGY
Longdom welcomes you to attend the New Frontiers in Renewable Energy and Resources during November 18-19, 2019 at Rome, Italy. We cordially invite all the participants interested in sharing their knowledge and research in the arena of Renewable Energy and Environment science and Engineering.
BP FULL LIABILITY $13.7 BLN
2019, November, 18, 13:00:00
GAZPROM NEFT NET PROFIT +7%
Gazprom Neft’s revenue in the nine months of 2019 grew by 2.4 percent year-on-year to RUB1.871 trillion
BP FULL LIABILITY $13.7 BLN
2019, November, 18, 12:55:00
U.S. FINANCIAL STABILITY: NOV 2019
Borrowing by businesses is historically high relative to gross domestic product (GDP), with the most rapid increases in debt concentrated among the riskiest firms amid weak credit standards By contrast, household borrowing remains at a modest level relative to income, and the amount of debt owed by borrowers with credit scores below prime has remained flat
BP FULL LIABILITY $13.7 BLN
2019, November, 18, 12:50:00
INVESTING IN ENERGY STORAGE
There’s a need for all stakeholders to be engaged in the conversation about how we transition to smarter, cleaner, and safer mobility systems. The investment and infrastructure to support electric mobility will vary significantly from one place to another, thus any approach needs to be market specific.
BP FULL LIABILITY $13.7 BLN
2019, November, 18, 12:45:00
AES STREAMLINES ASSET MANAGEMENT
AES is a Fortune 500 global power company that provides affordable, sustainable energy across 14 countries. Efficient processes are key to business success. Measure solved pain points that plagued their inspection data workflow, including tools for better aerial data collection, automated data sorting, and visual data analysis. They eliminated manual processes such as manual entry of inspection results into SAP.
BP FULL LIABILITY $13.7 BLN
2019, November, 18, 12:40:00
U.S. INDUSTRIAL PRODUCTION DOWN 0.8%
U.S. Industrial production fell 0.8 percent in October after declining 0.3 percent in September. Manufacturing production decreased 0.6 percent in October.
BP FULL LIABILITY $13.7 BLN
2019, November, 18, 12:35:00
U.S. RIGS DOWN 11 TO 806
U.S. Rig Count is down 11 rigs from last week to 806, Canada Rig Count is down 6 rigs from last week to 134
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