- BP (NYSE:BP) has appealed U.S. District Judge Carl Barbier's finding of the size of the 2010 Gulf of Mexico oil spill, which leaves the company potentially liable to pay $13.7B in fines.
- In January, Barbier ruled that 3.19M barrels of oil had spilled into the Gulf as a result of the disaster, but a new decision that less oil was spilled would likely translate into a lower fine for the company.