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BP Delays Gulf Spill Trial For Week

LONDON -(Dow Jones)- BP PLC (BP, BP.LN) has postponed the start of a civil trial to apportion blame for the Gulf of Mexico oil spill for a week, as the U.K oil major attempts to reach a settlement deal with individuals and businesses affected by the disaster. A consolidated trial that groups together plaintiffs, including the U.S. Department of Justice, will now begin on March 5, BP said in a statement. BP said the adjournment was to allow its lawyers and those acting on behalf of the multiple litigants affected by the spill more time to try and come to an agreement. The company said earlier this month that it had set aside just over $6 billion to cover compensation claims from fisherman and Gulf coast businesses affected by the spill. BP also faces fines from the DOJ, which could ultimately be as high as $20 billion. BP said there was no guarantee that the discussions will lead to a settlement deal. The trial, originally due to begin Feb. 27, will apportion blame and liability for an explosion aboard a BP-operated drilling rig, the Deepwater Horizon, which killed 11 men and set off the worst offshore oil spill in U.S. history. -By Alexis Flynn, Dow Jones Newswires, +44 207 842 9471, alexis.flynn@dowjones.com

Stock News for Halliburton (HAL)
DateTimeHeadline
05/25/201613:09:18Current Report Filing (8-k)
05/24/201610:56:43Specialized Disclosure Report (sd)
05/24/201610:12:21Statement of Changes in Beneficial Ownership (4)
05/23/201621:50:00PDVSA Offers Debt Exchange to Service Providers
05/20/201616:15:37Current Report Filing (8-k)
05/20/201610:44:36Statement of Changes in Beneficial Ownership (4)
05/19/201618:35:00Halliburton Annual Meeting of Stockholders and Dividend Declaration
05/19/201618:30:00Halliburton 2016 Second Quarter Conference Call
05/13/201613:19:34Statement of Changes in Beneficial Ownership (4)
05/10/201611:58:12Current Report Filing (8-k)
05/09/201616:34:11Statement of Changes in Beneficial Ownership (4)
05/09/201611:47:15Withdrawal of Registration Statement (rw)
05/09/201603:02:00Merger Breakups Increase to Record -- WSJ
05/06/201616:30:00Halliburton to Redeem $2.5 Billion in Senior Notes
05/06/201611:59:59Quarterly Report (10-q)
05/06/201606:00:00On the Latest BizWireTV Berkshire Hathaway’s Annual Shareholders Me...
05/04/201614:38:49Current Report Filing (8-k)
05/04/201603:04:00Halliburton, Baker Strategies Differ -- WSJ
05/03/201615:40:05Current Report Filing (8-k)
05/03/201613:57:00Halliburton's Loss Deepens--2nd Update

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