Egypt's gold prices fall on Monday    Egyptian pound stable vs. USD at Monday's close    Hisham Talaat Moustafa leads Egyptians in Forbes 2025 travel and tourism list    Egypt, Germany FMs discuss Gaza escalation, humanitarian crisis    Egypt, Huawei explore healthcare digital transformation cooperation    Global matcha market to surpass $7bn by 2030: Nutrition expert    Egypt, Huawei discuss expanding AI, digital healthcare collaboration    Israel's escalating offensive in Gaza claims over 61,000 lives amid growing international pressure    Chinese defence expert dismisses India's claim of downing Pakistani jets    Al Ahly Sabbour, Jedar secure EGP 10bn in YOUD Ras El-Hekma sales within 2 days    Spinneys Ninth Annual Celebration Honoring Egypt's Brightest Graduates    Al-Sisi, Türkiye's FM discuss boosting ties, regional issues    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt signs vaccine production agreement with UAE's Al Qalaa, China's Red Flag    Egypt to inaugurate Grand Egyptian Museum on 1 November    Oil rises on Wednesday    Egypt, Uganda strengthen water cooperation, address Nile governance    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Egypt, Malawi explore pharmaceutical cooperation, export opportunities    Egypt's Foreign Minister discusses Nile water security with Ugandan president    Egyptians vote in two-day Senate election with key list unopposed    Korean Cultural Centre in Cairo launches folk painting workshop    Egyptian Journalist Mohamed Abdel Galil Joins Golden Globe Voting Committee    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Foreign, housing ministers discuss Egypt's role in African development push    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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BP trial over Gulf of Mexico spill postponed
Published in Bikya Masr on 27 - 02 - 2012

London/New Orleans (dpa) – The trial over the worst oil spill in US history, which was set to start in the US on Monday, has been postponed for a week, BP announced in London late Sunday.
The case over the 2010 disaster, in which an explosion caused a BP oil well to gush millions of barrels of crude into the Gulf of Mexico, has been put off until March 5th.
In a joint statement, BP and the Plaintiffs' Steering Committee said the eleventh-hour adjournment would allow the two sides more time to continue settlement discussions and attempt to reach an agreement.
“There can be no assurance that these discussions will lead to a settlement agreement. A further announcement will be made as appropriate,” the statement said.
The announcement came after BP chief executive Bob Dudley said the company was preparing for a trial while leaving itself open to a “fair settlement.”
“As I have said before, we are prepared to settle if we can do so on fair and reasonable terms,” Dudley told the Sunday Telegraph in London.
The US federal government, several states and various local authorities are suing BP and its associated companies for the damage. BP, in turn, is suing partners including energy giant Haliburton.
The explosion on the Deepwater Horizon Platform in April, 2010, claimed the lives of 11 oil workers and released between 4 and 5 million barrels of crude into the Gulf of Mexico.
BM
ShortURL: http://goo.gl/6uJmQ
Tags: BP, Gulf, Oil Spill, United States
Section: Environment, Going Green, North America


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