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BP could face $18bn in extra fines after US ruling Gulf Mexico spill
2014-09-04 23:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: BP could face up to $18bn (11bn) in further fines after being found guilty of gross negligence for the Deepwater Horizon blowout that killed 11 workers and led to millions of barrels of oil spewing into the Gulf of Mexico. The oil firm had repeatedly expressed confidence it could avoid such a damning verdict over America's biggest offshore oil accident but a US district judge, Carl Barbier, ruled on Thursday that BP had been reckless as well as negligent. The long-awaited decision from the...
Judge: BPa s reckless conduct caused Gulf oil spill
2014-09-04 18:03:15| Oil & Gas - Topix.net
BP bears the majority of responsibility among the companies involved in the nation's worst offshore oil spill, a federal judge ruled Thursday, citing the energy giant's reckless conduct in a ruling that exposes the company to billions of dollars in penalties. BP PLC already has agreed to pay billions of dollars in criminal fines and compensation to people and businesses affected by the disaster.
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Judge's ruling on Gulf oil spill could cost BP billions
2014-09-04 18:03:14| Oil & Gas - Topix.net
U.S. District Judge Carl Barbier's ruling today could nearly quadruple the amount of civil penalties for polluting the Gulf of Mexico with oil from BP's Macondo well in 2010. Barbier presided over a trial in 2013 to apportion blame for the spill that spewed oil from April 20 to mid-July 2010.
Gulf Stream Offers Dealers Chance for Cabo Trip
2014-09-04 14:49:39| Mobile Homes - Topix.net
Gulf Stream Coach Inc., Nappanee Ind., has "enhanced the Open House buying experience" by offering dealers and prospects a chance to earn a luxury vacation in Cabo San Lucas this October. According to a press release, the "Baja Fiesta" trip promotion awards points for virtually all unit purchases before and during the September Open House, giving dealers round-trip airfare and a four-night vacation for two to a top luxury all-inclusive resort in Cabo, the exclusive sun-drenched playground at the southern tip of Baja, Mexico.
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Halliburton to Pay $1.1 Billion Settle Damages in Gulf of Mexico Oil Spill
2014-09-03 04:41:29| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: Halliburton, the company contracted by BP to cement the ill-fated Macondo oil well in the Gulf of Mexico, has reached a $1.1 billion settlement with thousands of businesses, individuals and local governments that suffered losses from the 2010 Deepwater Horizon oil rig explosion, the company and plaintiffs announced on Tuesday. The settlement represents a small fraction of the damages paid out by the companies involved in the accident, which left 11 workers dead, spilled millions of gallons of...
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