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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
07/24/201514:00:18Securities Registration: Employee Benefit Plan (s-8)
07/24/201511:09:33Quarterly Report (10-q)
07/23/201512:04:55Halliburton, Baker Hughes Notify $35 Billion Merger to EU Antitrust...
07/21/201509:44:29Baker Hughes Swings to Loss as Revenue Tumbles 33% -- Update
07/21/201509:11:11Baker Hughes Swings to Loss as Revenue Tumbles 33%
07/20/201515:10:54Current Report Filing (8-k)
07/20/201512:46:17Halliburton Profit Skids as North America Revenue Falls -- Update
07/20/201510:37:59U.S. Stocks Little Changed
07/20/201509:00:10U.S. Stock Futures Rise on Earnings
07/20/201508:48:09U.S. Stock Futures Rise on Earnings
07/20/201508:30:07Halliburton Profit Skids as North America Revenue Falls
07/20/201508:19:00Halliburton Profit Skids as North America Revenue Falls
07/20/201507:00:00Halliburton Announces Second Quarter Income from Continuing Operations...
07/20/201504:55:33Cluff Natural Resources Cites 'Significant Progress' in UK Projects
07/16/201519:10:00Halliburton Declares Dividend
07/16/201517:50:20Schlumberger Profit Falls 30%
07/16/201507:10:063 Things to Watch When Halliburton Company Reports Earnings
07/10/201518:00:07Halliburton, Baker Hughes Agree to Extend Antitrust Review Period
07/10/201517:37:33Halliburton, Baker Hughes Agree to Extend Antitrust Review Period
07/10/201516:15:00Halliburton and Baker Hughes Provide Update on Proposed Acquisition

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