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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
2021, May, 12, 12:39:00
7th INTERNATIONAL LNG CONGRESS REVEALS THE BUSINESS PROGRAM
The 7th International LNG Congress will be held on the 7th-8th of June in Madrid, Spain. LNG supply potential in Europe, usage of alternative fuels, vehicles mobility, marine transportation and storage, politics and financing in the market, and small- and large-scale LNG projects will be the main topics of the Congress.
BP FULL LIABILITY $13.7 BLN
2021, May, 12, 12:38:00
ELECTRICITY ECONOMICS IN CHANGING ELECTRICITY MARKETS 18 – 21 May 2021
Electricity Economics in Changing Electricity Markets LIVE ONLINE COURSE OVER 4 SESSIONS Commences: 18 May 2021 – 21 May 2021 (7am – 10am)
BP FULL LIABILITY $13.7 BLN
2021, May, 12, 12:35:00
INDIA'S ENERGY STORAGE MARKET
Currently, renewables form 10% of India’s total power generation and that share will increase to 31% by 2030 with 450GW coming online.
BP FULL LIABILITY $13.7 BLN
2021, May, 12, 12:30:00
DUTCH CARBON STORAGE $2.4 BLN
The government has said it will grant a total of 5 billion euros in subsidies in 2021 for technologies that will help it achieve its climate goals.
BP FULL LIABILITY $13.7 BLN
2021, May, 12, 12:25:00
HYDROGEN ECONOMY & CCS
The gist of the technical case for CCS in a hydrogen economy is that, so long as fossil fuels are available and deliver a high energy return on energy invested (EROEI), it is inherently cheaper and more efficient to produce hydrogen from fossil fuels by reforming, rather than by electrolysis of water.
BP FULL LIABILITY $13.7 BLN
2021, May, 12, 12:20:00
U.S. RIGS UP 8 TO 448
U.S. Rig Count is up 8 from last week to 448, Canada Rig Count is up 4 from last week to 55,
BP FULL LIABILITY $13.7 BLN
2021, May, 7, 15:00:00
OIL PRICE: NEAR $68
Brent fwere up 1 cent at $68.12 a barrel. WTI eased by 2 cents to $64.69.
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