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MEDIA-BP oil spill settlement to exclude hurt cleanup workers -Bloomberg

Tuesday, 25 November 2014 19:37
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Audit: Most BP oil spill claims handled correctly
Tuesday, 25 November 2014 02:22
NEW ORLEANS (AP) - A third-party audit of the oil spill settlement program finds the settlement program has correctly processed 99.5 percent of claims. The audit, conducted by Chicago-based McGladrey LLP, concluded the program is "well-designed and appropriate" and made no major recommendations for improvement. NOLA.com/The Times Picayune reports (http://bit.ly/1vir0dv) claims administrator Patrick Juneau released the audit on Tuesday. The audit has become a focal point for BP in its fight to remove Juneau and…
Federal Eye: Federal review suppressed safety concerns with BP Atlantis oil platform, lawmaker says
Monday, 24 November 2014 23:00
Rep. Raul Grijalva (D-Ariz.) said a federal investigation of the BP Atlantis, pictured above, was tainted. (Courtesy of BP p.l.c.) A Democratic lawmaker this month accused federal investigators of suppressing concerns about the structural safety of BP’s Atlantis offshore oil platform, a facility similar to the Deepwater Horizon rig that exploded four years ago. Rep. Raúl Grijalva (Ariz.) said in a Nov. 6 letter to Interior Secretary Sally Jewell that the Bureau of Ocean Energy…
Dozens charged with filing false BP oil spill claims
Monday, 24 November 2014 14:52
U.S. Coast Guard crews spray water on the blazing remnants of BP's Deepwater Horizon offshore oil rig on April 21, 2010.(Photo: AP Photo) 34 CONNECT 5 TWEETLINKEDINCOMMENTEMAILMORE JACKSONVILLE, Fla. -- Dozens of individuals, 25 of them from the First Coast, are accused of a slick scheme: trying to defraud the BP oil spill compensation fund to the tune of more than $1 million, authorities announced Tuesday.
The announcement of…
Monday, 24 November 2014 10:08
JACKSONVILLE, Fla. - Twenty-seven people have been indicted on charges of participating in a scheme to defraud the compensation fund established as a result of the BP oil spill in 2010. Twenty-six indictments charge a single count of mail fraud, while one indictment charges Justin Kelly, 33, of Jacksonville, with five counts of mail fraud and one count of aggravated identity theft.
Fraudster's 15-year-sentence in BP oil spill case stands, website reports
Monday, 24 November 2014 08:32
A federal appeals court upheld the 15-year prison sentence for a Michigan man who filed a false claim for losses in BP Deepwater Horizon oil spill, the National Law Journal reports. The 6th U.S. Circuit Court of Appeals on Monday refused to undo Duane Montgomery's sentence, which is the lengthiest prison term to date of anyone convicted of filing a fraudulent claim in the 2010 BP oil spill.
Plan To Use Gulf Oil Spill Funds For Beach Hotel Sparks Lawsuit
Sunday, 23 November 2014 22:27
Here’s Why BP plc Could Rally To 600p!
Sunday, 23 November 2014 21:55
As oil prices remain subdued, BP (LSE: BP) (NYSE: BP.US) and other major oil companies continue to suffer. There are several reasons why the shares of the British oil producer may bounce back, however. Value BP is a long-term investment that could yield market-beating returns, in my view. It has changed a lot in the last 20 years, having acquired and divested assets worth billions of dollars.
Detroit-area man loses appeal over BP oil fraud
Sunday, 23 November 2014 21:14
DETROIT (AP) - An appeals court won't upset a 15-year prison sentence for a Detroit-area man who received $44,000 through a bogus claim from the BP oil spill in the Gulf of Mexico. Duane Montgomery challenged a federal judge's decision to go beyond the guideline range. But the appeals court, in a 3-0 decision, found nothing unreasonable Monday. Montgomery, who once ran for Detroit mayor, was convicted of fraud last year.
Plan To Use Gulf Oil Spill Funds For Beach Hotel Stirs Debate
Sunday, 23 November 2014 20:59
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