Advertisement

February 27, 2012

What a BP Settlement Could Look Like

Loren Steffy, Fuel Fix


bpspo

With news Sunday that the start of the mammoth BP trial was delayed for a week, the speculation has immediately moved to talk of a settlement and what it would look like.

In recent months, it appeared that BP and the government would come to some sort of deal before the case made it to court. That thinking gained momentum as a minority party in the Macondo well, MOEX Offshore 2007 LLC, agreed to settle government claims for $90 million.

Read Full Article ››

TAGGED: Gulf of Mexico, oil spill, oil, BP

RECOMMENDED ARTICLES

February 27, 2012
BP: The Case of the Century
Ed Crooks, Financial Times
In New Orleans people know how to let their hair down, even when the stakes are high. The federal court that has been hearing the massive case to decide civil penalties and damages for the 2010 BP oil spill in the Gulf of... more ››
February 23, 2012
Like It or Not, We Have An Energy Policy
David Lee Smith, Motley Fool
Under President Barack Obama, while we still lack a formal energy program that's been developed in Congress, there's little question that we're now operating under a de facto energy program created by presidential fiat. more ››
February 16, 2012
What Does Joe Nocera Mean by "a Serious Threat"?
John Fullerton, HP
In his Feb. 10 essay, New York Times columnist Joe Nocera asked a simple question: "Can a person support the Keystone XL oil pipeline and still believe that global warming poses a serious threat? . ." more ››
February 15, 2012
Which OPEC Player Benefits From Cuban Oil Boom?
Pierre Bertrand, IBT
As Cuba starts its first offshore drilling and foreign companies eye more prospects, the Latin American republic led by President Hugo Chavez may be among the biggest winners. The reason is that after years of subsidizing the... more ››
|