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BP is fighting the settlement it agreed to last summer that let the oil company avoid thousands of potential lawsuits over the 2010 Gulf of Mexico oil spill. BP now says the claim process is corrupt and wants to stop all the money flowing from its claims fund.
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Five states and leaders of several federal agencies have unanimously approved a blueprint to repair the Gulf of Mexico with BP fines pending over the 2010
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Halliburton admitted to destroying the results of some tests it ran following the disaster. The oilfield services giant also agreed to make a $55 million donation to the National Fish and Wildlife Foundation.
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Deep-sea natural gas reservoirs sometimes contain oil, but experts say it's highly unlikely Tuesday's accident in the Gulf of Mexico would leak anything like the BP spill. And there are signs suggesting the only thing crews have to deal with is leaking gas.
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The Coast Guard will be responsible for any reports of residual oil in areas outside BP's Louisiana patrol zone along the Gulf Coast. There's no end in sight for BP's cleanup efforts in Louisiana, a Coast Guard officer says.
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Oil giant BP has agreed to pay $1 billion for coastal restoration along the Gulf of Mexico because of the 2010 oil spill. But the nature of some of the projects, including boat ramps and a beachfront hotel, has some environmental groups raising questions about what counts as coastal restoration.
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A federal judge has approved Transocean Ltd.'s agreement with the Justice Department to pay $1 billion in civil penalties for its role in the massive 2010…
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BP says it has failed to reach a settlement in advance of next week's civil trial on the Deepwater Horizon accident and is ready to defend itself…
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BP has agreed to a $4 billion settlement of a criminal case filed by the Justice Department over the 2010 oil spill in the Gulf of Mexico. A pending civil
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The deal also includes a record $4 billion in criminal penalties. Family members for some of those victims had urged stiffer sanctions.