BP oil spill payments to resume after fee wrinkle (AP)
AP - Payments to those damaged by BP's massive oil spill in the Gulf of Mexico resumed Wednesday, a day after administrators of the $20 billion fund stopped the flow of money, saying they were unclear on how to assess a 6 percent fee for lawyers handling claims.
BP fund halts payments to spill victims pending clarification (Reuters)
Reuters - BP's $20 billion oil spill fund has halted payments to eligible victims until a U.S. federal court clarifies an order issued in December, according to a notice posted on the fund's website.
Deep Gulf drilling thrives 18 mos. after BP spill (AP)
AP - Two hundred miles off the coast of Texas, ribbons of pipe are reaching for oil and natural gas deeper below the ocean's surface than ever before.
BP settles with maker of failed blowout preventer (AP)
AP - Cameron International, the maker of the Deepwater Horizon blowout preventer that failed to stop last year's massive oil spill in the Gulf of Mexico, has agreed to pay $250 million to BP under a legal settlement, BP said Friday.
High oil prices may threaten growth: BP (Reuters)
Reuters - The fragile economic recovery could be negatively affected by high oil prices, especially in the United States, BP's chief executive said on Tuesday.
BP: Halliburton destroyed key oil spill evidence (AP)
AP - BP in a high-stakes court filing on Monday accused Halliburton of destroying damaging evidence about the quality of its cement slurry that went into drilling the oil well that blew out last year and caused the nation's worst offshore oil spill.
Federal Study: BP Oil Spill Impact on Bluefin Tuna is Minimal (ContributorNetwork)
ContributorNetwork - According to the Associated Press, a federal analysis by the National Oceanic and Atmospheric Administration of bluefin tuna, an already overfished species, in the Gulf of Mexico indicates the BP oil spill in April 2010 would not impact populations as greatly as some scientists had feared.
US: Bluefin tuna probably OK after BP oil spill (AP)
AP - Last year's BP oil spill probably won't push the troubled bluefin tuna population in the Gulf of Mexico over the edge as some scientists had worried, a federal analysis shows.
Russia court rejects $16 billion claim against BP (AP)
AP - A Russian court on Friday rejected a $16 billion claim against BP PLC filed by an obscure minority shareholder in BP's Russian venture, TNK-BP.
Failed BP deal renews pressure on CEO Dudley (Reuters)
Reuters - The collapse of BP's planned sale of a $7 billion stake in an Argentinean unit is Chief Executive Bob Dudley's second failed multi-billion dollar deal this year and has renewed investor concerns about his claimed turnaround of the group.