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...This write-off followed the disastrous Gulf of Mexico Deepwater Horizon oil spill in 2010 which, by some estimates, cost BP and its partners $71bn over 10 years....
...It is unlikely, however, that any of us will be forgetting BP’s darker moments anytime soon (Deepwater Horizon anyone?). Meanwhile, its arts programme nourishes critical thinking....
...For many of the protesters, who are mostly in their twenties and thirties, the tipping point came after the Deepwater Horizon spill....
...BP declined to comment on the calculations by the Financial Times. The Deepwater Horizon Claims Center led by Mr Juneau has already paid out $5.2bn under the settlement....
...BP is having to pay a higher-than-expected $20.8bn to settle civil claims with US authorities over the 2010 Deepwater Horizon disaster in the Gulf of Mexico....
...Claims from state and local governments had risen to more than $34bn....
...BP has gained a notable, and rather unexpected, victory in the US appeals court in New Orleans over Patrick Juneau, the administrator of claims for damages relating to the 2010 Deepwater Horizon disaster...
...The process for businesses claiming compensation under the court-sponsored Deepwater Horizon settlement is divided into two stages: determination that a loss was caused by the spill, and then calculation...
...BP has already accepted responsibility for paying all legitimate claims and committed $20bn to its Deepwater Horizon oil spill trust to meet them....
...Timeline of a disaster April 20 2010: Explosion on the Deepwater Horizon kills 11 men and pours four million barrels of oil into the Gulf of Mexico April 22 2010: Deepwater Horizon rig sinks May 29 2010...
...A judge in Regina v....
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