bp settlement

April 5, 2016 - BP will be able to write off most of the $20 billion settlement it has agreed to pay for its 2010 Deepwater Horizon oil spill as an ordinary business expense, resulting in a potential tax windfall of over $5 billion.

September 30, 2013 - As the second phase of the BP civil trial got underway, activists launched a petition calling on the company to fire chief executive Bob Dudley, saying his request to suspend payment of claims related to the Gulf oil disaster is an effort to avoid honoring obligations to the region.

November 12, 2012 - A federal judge ejected a group of Gulf Coast activists from last week's hearing on the fairness of the proposed class-action settlement for the BP oil spill after they were accused of live streaming the event -- a charge they deny.

September 14, 2012 - Since Hurricane Isaac, oily tar has washed ashore along the beaches and bayous of the Gulf -- some of it linked to BP's Deepwater Horizon disaster, which locals report is having a lasting impact on their treasured fishing grounds.

March 5, 2012 - However, Gulf residents who experienced health problems in the spill's wake remain distrustful that they will be fairly compensated for their pain and suffering.

February 29, 2012 - After the expected court date for BP's trial for the 2010 Deepwater Horizon oil spill was delayed this week, rumors have grown about a settlement that could close the case. But will Gulf Coast communities still reeling from the disaster see justice?

February 14, 2012 - Gulf Coast advocates are asking fellow Americans to show some love for the region by supporting the RESTORE Act, which would direct penalties for the BP oil disaster back to stricken communities.