The Traderszone Network

Published in TZ Latest News 7 March, 2015 by The TZ Newswire Staff

BP drops bid to oust Gulf spill claims administrator

The British oil company withdrew its appeal of a federal judge’s decision not to remove the administrator, Patrick Juneau, who is reviewing claims under a 2012 settlement tied to the explosion of the Deepwater Horizon drilling rig. “This marks the beginning of a new and more productive relationship between BP and the claims program,” BP America President John MingĂ© said in a statement.