Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Appeals court rejects BP bid to undo ruling in oil spill case

Tue, 20th May 2014 00:18

May 19 (Reuters) - A U.S. appeals court on Monday rejectedBP Plc's request to revisit an adverse ruling in thecompany's settlement over the 2010 oil spill in the Gulf ofMexico, according to a court filing.

The March decision, from the 5th U.S. Circuit Court ofAppeals in New Orleans, had rejected BP's bid to blockbusinesses from recovering money over the 2010 Gulf of Mexicooil spill, even if they could not trace their economic losses tothe disaster.

The 5th Circuit on Monday said its March ruling shouldstand.

(Reporting by Dan Levine in San Francisco; editing by MatthewLewis)

Related Shares

More News
28 Jun 2024 09:37

LONDON BROKER RATINGS: Goldman Sachs ups Intertek; Safestore cut

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:

28 Jun 2024 08:57

PRESS: BP freezes hiring, slows renewable investment — Reuters

(Alliance News) - BP' PLC's new Chief Executive Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects, Reuters reported...

28 Jun 2024 07:48

LONDON BRIEFING: Keywords says would back EQT bid; Record assets up

(Alliance News) - The FTSE 100 is called to open higher on Friday, following some confident trade in Asia and a rise for US stocks overnight, and some...

27 Jun 2024 19:26

US Senate committee probes oil producers on price collusion with OPEC

WASHINGTON, June 27 (Reuters) - The U.S. Senate budget committee on Thursday launched a probe of domestic oil producers about any efforts to illegal...

27 Jun 2024 15:04

Egypt fully awards 20 cargoes in biggest LNG tender in years- sources

20 LNG cargoes fully awarded *

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.