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By Mark Davis
The nation founders, the Lone Star State thrives
Topic - Bp Plc
Lawmakers want to steer Gulf oil spill recovery money to help refill Louisiana's "rainy day" fund and an elderly trust fund that was raided to fill budget holes.
BP PLC must resume paying claims while it asks the U.S. Supreme Court to review its settlement with businesses over the 2010 Gulf of Mexico oil spill, a federal appeals court panel said Wednesday.
BP PLC said Wednesday it will ask the U.S. Supreme Court to decide whether businesses must prove they were directly harmed by the 2010 Gulf Of Mexico oil spill to collect payments from a 2012 settlement.
Prosecutors urged a federal appeals court panel Wednesday to reinstate a criminal charge alleging that a former BP executive obstructed a congressional investigation into the 2010 oil spill in the Gulf of Mexico.
Gov. Bobby Jindal's administration wants to use Gulf oil spill recovery money to help refill the Louisiana's "rainy day" fund and settle a lawsuit claiming the state needs to return roughly $300 million to the fund.
A federal judge has indefinitely delayed the trial of a former BP executive accused of lying to Congress in 2010 about the amount of oil that was spewing from the company's blown-out well.
Executives from the North Slope's major oil and gas companies on Wednesday hailed an agreement with the state as a major step forward in pursuing a major liquefied natural gas project.
BP PLC's fourth-quarter profits fell 30 percent as the asset sales that it has pursued to compensate victims of the Gulf of Mexico oil disaster reduced production.
A Texas lawyer being sued by oil giant BP over allegations that he falsely claimed to represent thousands of deckhands who lost money in the 2010 Gulf oil spill has asked a federal court to delay the lawsuit while a criminal investigation plays out.
JUNEAU, Alaska (AP) — Gov. Sean Parnell on Friday announced a new way forward on a long-hoped-for natural gas pipeline that includes scrapping the terms of a 2007 law he says no longer works well for the situation.
A former Halliburton employee was charged Thursday with destroying evidence following BP's 2010 oil spill in the Gulf of Mexico.
Nearly three years after a deadly rig explosion in the Gulf of Mexico triggered the nation's worst offshore oil spill, a federal judge in New Orleans is set to preside over a high-stakes trial for the raft of litigation spawned by the disaster.
A federal judge on Tuesday approved an agreement for BP PLC to plead guilty to manslaughter and other charges and pay a record $4 billion in criminal penalties for the company's role in the 2010 oil disaster in the Gulf of Mexico.
Al Qaeda-linked terrorists seized as many as 40 hostages, including an unknown number of Americans, in a deadly attack Wednesday on a natural gas field party operated by BP in Algeria.
The Justice Department has reached a $1.4 billion settlement with Transocean Ltd., the owner of the drilling rig that sank after an explosion killed 11 workers and spawned the massive 2010 oil spill in the Gulf of Mexico.