BP Plc’s U.S. investors can’t pursue as a group claims that the company inflated its shares with misleading statements before and after the Gulf of Mexico oil spill, a judge ruled, citing a recent Supreme Court decision.
Ex-football players’ head-trauma lawsuits against the National Collegiate Athletic Association, unlike National Football League cases consolidated by federal judges and later settled for $765 million, defy easy grouping.
InsideClimateNews.org -- As environmentalists began ratcheting up pressure against Canada's tar sands three years ago, one of the world's biggest strategic consulting firms was tapped to help the North American oil industry figure out how to handle the mounting activism. The resulting document, published online by WikiLeaks, offers another window into how oil and gas companies have been scrambling to deal with unrelenting opposition to their growth plans.
A former BP Plc senior engineer who helped lead efforts to cap the Macondo well as oil gushed into the Gulf of Mexico in 2010 destroyed evidence sought by the U.S. in a probe of the spill, a federal prosecutor told jurors.
BP Plc’s suspension from all new U.S. government contracts in the wake of the 2010 Gulf of Mexico oil spill unfairly harms the global economy and punishes company affiliates that had nothing to do with the disaster, the British government argued to a U.S. court.