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UPDATE 1-BP execs should answer for Gulf of Mexico spill-lawyer

By Kristen Hays NEW ORLEANS, Feb 25 (Reuters) - BP executives more focused on cost-cutting and oil production than safety should be held responsible for the Deepwater Horizon disaster in the Gulf of Mexico in 2010, the worst offshore oil spill in U.S. history, a lawyer told a courtroom on Monday as a long-awaited legal showdown began in New Orleans.

BP oil spill trial opens with scathing attack

The blockbuster BP oil spill trial opened Monday with a scathing attack on the poor safety standards which led to the worst environmental disaster in US history. Billions are at stake in the New Orleans courtroom where a federal judge is tasked with determining how much BP and its subcontractors should pay for the devastating Gulf of Mexico spill. US prosecutors are determined to prove that gross negligence caused the April 20, 2010 blast that killed 11 workers and sank the BP-leased Deepwater Horizon rig, sending millions of barrels of oil gushing into the sea.

BP oil spill trial opens with scathing attack

The blockbuster BP oil spill trial opened Monday with a scathing attack on the poor safety standards which led to the worst environmental disaster in US history. Billions are at stake in the New Orleans courtroom where a federal judge is tasked with determining how much BP and its subcontractors should pay for the devastating Gulf of Mexico spill. US prosecutors are determined to prove that gross negligence caused the April 20, 2010 blast that killed 11 workers and sank the BP-leased Deepwater Horizon rig, sending millions of barrels of oil gushing into the sea.

CORRECTED-BP to face day in court over Gulf of Mexico oil spill

(Corrects dateline to NEW ORLEANS from HOUSTON) By Kristen Hays and Braden Reddall NEW ORLEANS, Feb 25 (Reuters) - Nearly three years after a deepwater well rupture killed 11 men, sank a rig and spewed 4 million barrels of oil into the Gulf of Mexico, BP and the other companies involved are about to face their day in court.

Billions at stake as BP oil spill trial opens

Billions of dollars will be at stake Monday at the opening of a complex trial to determine how much BP should pay for the devastating 2010 Gulf of Mexico oil spill. The British energy giant has already resolved thousands of lawsuits linked to the deadly disaster out of court, including a record $4.5 billion plea deal with the US government in which BP pleaded guilty to criminal charges and a $7.8 billion settlement with people and businesses affected by the spill.

US plans $16 billion Gulf spill settlement with BP: report

US authorities plan to propose a $16 billion settlement to British energy giant BP for civil claims related to the disastrous 2010 oil spill in the Gulf of Mexico, The Wall Street Journal said. Citing people familiar with the discussions, the newspaper said late Friday taht the settlement would cover fines BP owes under the Clean Water Act, a federal water pollution law, as well as payments under the Natural Resources Damage Assessment, an environmental evaluation. But the Journal noted that it remained unclear whether the government had formally proposed the offer to BP.

UPDATE 1-U.S. Gulf Coast oil spillers about to face day in court

By Kristen Hays and Braden Reddall Feb 21 (Reuters) - Nearly three years after a deepwater well rupture killed 11 men, sank a rig and spewed 4 million barrels of oil into the Gulf of Mexico, BP and the other companies involved are scheduled to face their judge in court. The trial over the worst U.S. offshore oil spill is set to start Monday in New Orleans before a federal judge and without a jury. Few expect the case, seen lasting several months, will be decided by the judge.

PREVIEW-U.S. Gulf Coast oil spillers about to face day in court

By Kristen Hays and Braden Reddall Feb 21 (Reuters) - Nearly three years after a deepwater well rupture killed 11 men, sank a rig and spewed 4 million barrels of oil into the Gulf of Mexico, BP and the other companies involved are scheduled to face their judge in court. The trial over the worst U.S. offshore oil spill is set to start Monday in New Orleans before a federal judge and without a jury. Few expect the case, seen lasting several months, will be decided by the judge.

UPDATE 1-US judge accepts BP collected 810,000 barrels in spill

LONDON/SAN FRANCISCO, Feb 19 (Reuters) - A U.S. judge ruled on Tuesday that BP Plc recovered 810,000 barrels of oil from its 2010 spill site and that this amount should be excluded from certain penalties it may face, cutting its maximum fine by as much as $3.5 billion. Just days before he presides over a spill-related civil trial due to start on Feb. 25 in New Orleans, U.S. District Judge Carl Barbier deemed those barrels as 'collected' during the spill. BP had sought this reduction in the penalty-relevant total more than a month ago.

BP vows to 'vigorously defend' itself at US oil spill trial

British energy giant BP vowed Tuesday to "vigorously defend" itself in court next week against US government claims for "excessive" fines in the 2010 Gulf of Mexico oil spill disaster. Prosecutors shot back with a warning that they will be fighting for the stiffest penalties possible at a blockbuster trial which opens Monday with tens of billions of dollars at stake. "The United States is fully prepared for trial," Wyn Hornbuckle, a spokesman for the US Department of Justice, told AFP.
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