Citi Upgrades BP (BP) to Buy

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BP (BP) Could Pay Up to $18B Under 'Gross Negligence' Decision, but Trajectory Largely Unaltered

September 5, 2014 6:47 AM EDT

BP plc (NYSE: BP) may be able to meet up to $18 billion of new fines, as the energy giant continues to grapple with the aftermath of its oil spill in the Gulf of Mexico.

According to... More

Transocean (RIG), Halliburton (HAL) Active Followign BP plc (BP) Headlines

September 4, 2014 10:25 AM EDT

Transocean (NYSE: RIG) and Halliburton (NYSE: HAL) are on watch following BP (NYSE: BP) headlines, which found the company 'grossly negligent' in the 2010 Macondo well incident.

... More

BP plc (BP) Found Grossly Negligent in 2010 Gulf Oil Spill; May See Increased Fines

September 4, 2014 10:17 AM EDT

(Updated - September 4, 2014 10:21 AM EDT)

BP plc (NYSE: BP) found grossly negligent in 2010 spill, fines may rise.

BP has already agreed to pay $13.7 billion in fines and damages.

With the ruling, BP claimed spill errors didn't meet gross negligence... More