BP To Launch Major Project In The Gulf Of Mexico
BP, PLC has announced plans to go forward with a major project in the gulf. They've reworked a 2013 proposal, trimming the cost of Mad Dog Phase 2 from $20 billion to $9 billion. Analysts see the decision to go forward as an indication of optimism in the future of oil prices.
BP Files Appeal With U.S. Supreme Court
BP has officially asked the United States Supreme court to hear an appeal pertaining to a 2012 settlement stemming from the Deepwater Horizon disaster. The company filed a writ of certiorari petition on Friday.
Judge OK’s BP Plea Deal, Families Not Happy
Relatives of workers killed in the 2010 explosion of the Deepwater Horizon drilling rig appeared in a New Orleans court room and gave "Gut wrenching" testimony before federal judge Sarah Vance approved an agreement with BP PLC. The company pleads guilty to manslaughter and other ch…

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