World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
BP, plaintiffs reach Gulf of Mexico oil spill settlement - The Washington Post
Keywords:
Tags: Current Focus, Oil & Gas, Britain,
BP reports a deal with the Plaintiffs Steering Committee in March 2012 to settle the lawsuit over the 2010 oil spill in the Gulf of Mexico by paying an estimated $7.8 billion. BP will pay the settlement from the money remaining in the $20 billion escrow account setup for this purpose. This includes $2.3 billion for losses suffered by the Gulf seafood industry. The rest of the money will go for economic claims and medical claims. Money will be provided for next 21 years for health related claims, and $105 million will go to healthcare in Gulf areas.
A potential BP bankruptcy after the Deepwater Horizon rig Gulf oil spill
07/09/2010
The impact of large liability claims creates the possibility of bankruptcy.
Grouped Articles
BP Agrees to Pay $18.7 Billion to Settle Deepwater Horizon Oil Spill Claims
Wall Street Journal 07/03/2015
BP Faces Up to $13.7 Billion in Fines in Deepwater Gulf Spill Case
Wall Street Journal 07/03/2015
Weighing the Possibility of Bankruptcy for BP
New York Times 07/09/2010
BP May Avoid Gross Negligence Conviction Over Gulf Oil Spill
Wall Street Journal 09/14/2011
Closing the Gulf in BP's Valuation
Wall Street Journal 09/15/2011
BP Shortcuts Led to Gulf Oil Spill, Report Says
New York Times 09/14/2011
BP asset sales to meet legal liabilities from the Deepwater Horizon rig Gulf oil spill
07/12/2010
BP's oil spill fund, asset sales and legal liabilities.
Grouped Articles
BP Says Spill Fund Is Running on Fumes
Wall Street Journal 07/30/2013
BP Mulls Selling Billions in Assets
Wall Street Journal 07/12/2010
BP Agrees to Pay $18.7 Billion to Settle Deepwater Horizon Oil Spill Claims
Wall Street Journal 07/03/2015
BP Faces Up to $13.7 Billion in Fines in Deepwater Gulf Spill Case
Wall Street Journal 07/03/2015
BP Results Still Hurt by Gulf Spill B1
Wall Street Journal 04/28/2016
BP to Sell Natural Gass Unit for $1.67 Billion
New York Times 12/02/2011
Impact of Deepwater Horizon rig oil spill in Gulf of Mexico on BP.
04/29/2010
Costs to BP. Origins of the problem. Public opinion in the USA.
Grouped Articles
At BP, There’s Optimism in the Corner Office
New York Times 01/24/2014
Oil Rigs’ Biggest Risk: Human Error
Wall Street Journal 04/20/2015
BP Faces Up to $13.7 Billion in Fines in Deepwater Gulf Spill Case
Wall Street Journal 07/03/2015
Oil Spillâs Blow to BPâs Image May Eclipse Costs
New York Times 04/29/2010
Officials Assail Oil Company Over Response to Gulf Spill
New York Times 04/30/2010
Wall Street Journal 05/01/2010
BP and legal liabilities from the Deepwater Horizon rig Gulf oil spill
01/07/2011
BP's oil spill fund and legal liabilities.
Grouped Articles
BP Says Spill Fund Is Running on Fumes
Wall Street Journal 07/30/2013
BP Agrees to Pay $18.7 Billion to Settle Deepwater Horizon Oil Spill Claims
Wall Street Journal 07/03/2015
BP Faces Up to $13.7 Billion in Fines in Deepwater Gulf Spill Case
Wall Street Journal 07/03/2015
BP Gets Lift From Oil-Spill Report
Wall Street Journal 01/07/2011
Not-Quite-New BP Faces Old Challenges
Wall Street Journal 02/02/2011
Halliburton: BP Hid Gulf Disaster Details
Wall Street Journal 09/03/2011
BP under CEO Robert Dudley - 2011-2015
07/26/2010
Grouped Articles
BPâs $4.2 Billion Profit Beats Forecasts
New York Times 04/30/2013
At BP, There’s Optimism in the Corner Office
New York Times 01/24/2014
BP's Dudley Faces Daunting To-Do List
Wall Street Journal 07/26/2010
Wall Street Journal 01/15/2011
Not-Quite-New BP Faces Old Challenges
Wall Street Journal 02/02/2011
Setback in Rosneft Deal Suggests BP Misread Russia
New York Times 04/09/2011
BP stays in the Gulf after the Gulf Oil Spill
03/03/2012
BP executives say BP plans to invest $4 billion each year in oil exploration in the Gulf of Mexico for the next decade, 2012-20122. Investments will be made in safety for deep water drilling.
Linked Articles
BP Expects to Spend $4 Billion a Year in Gulf
Wall Street Journal 04/30/2012
BP, plaintiffs reach Gulf of Mexico oil spill settlement - The Washington Post
Washington Post 03/03/2012
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us