The settlements were the latest in a series of resolutions since the 2010 sinking of the Deepwater Horizon in the Gulf of Mexico, spilling millions of gallons of oil.
BP was barred by a U.S. judge from recovering hundreds of millions of dollars it claims to have overpaid some victims for economic losses from the 2010 Gulf of Mexico oil spill.
BP Plc, which has paid more than $28 billion for the 2010 Gulf of Mexico oil spill, seeks to get $750 million of that back by convincing a Texas court that a missing comma allows the energy company access to Transocean Ltd.s insurance policies on the doomed Deepwater Horizon rig.
In Halliburton Co. v. Erica P. John Fund, Inc., the Supreme Court was asked to review the fraud-on-the-market presumption, used by securities plaintiffs to obtain class certification. Overturning this presumption would have created significant barriers for plaintiff attorneys bringing securities class actions.
Halliburton Energy Services will plead guilty for destroying evidence related to BPs 2010 oil spill in the Gulf of Mexico, in which Halliburton acted as the cement contractor on the exploded drilling rig that caused the disaster.
BP is digging in for a long legal battle over the Gulf of Mexico oil spill, Chief Executive Bob Dudley said on Tuesday after compensation costs soared for a second straight quarter.