Judge extends deadline for BP oil spill settlement

Oil   Oil

NEW ORLEANS (AP) — A federal judge on Monday extended a deadline for BP and a team of plaintiffs' attorneys to file details of a proposed settlement designed to resolve billions of dollars in economic damage claims spawned by the 2010 oil spill in the Gulf of Mexico.

The company and lawyers representing more than 100,000 individuals and businesses were expected late Monday to present the formal terms of the settlement agreement to U.S. District Judge Carl Barbier in New Orleans and ask him for preliminary approval.

EnergyGuardian is a subscription energy news service. Sign up below to apply for a free 14-day trial. If approved, you will receive an email from us to activate your account and enable access to this Web site and delivery of our enhanced morning, afternoon and breaking news alert emails.

If you have questions, please email sales@packardmedia.com.

To start your free 14-day trial, fill in the form below.