Group items tagged

Justice Department attorneys rested their case Wednesday in the federal civil trial of BP and Anadarko Petroleum Corp., as the firms and the government continued to argue over how much oil was released into the Gulf of Mexico in the 87 days following the April 20, 2010, blowout of BP's Macondo well. Justice attorneys finished questioning experts who support the government's contention that the oil spill resulted in the release of at least 4.2 million barrels of oil into Gulf. BP and Anadarko have maintained that only 2.45 million barrels of oil were released, and are set to begin making their case Thursday. U.S. District Judge Carl Barbier is presiding over the trial without a jury, listening attentively and interrupting at times with his own questions about the often mind-numbing testimony describing the physics and mathematical equations that experts from both sides have used to estimate the flow of oil. BP's estimate would result in maximum fines of $2.7 billion, billion, if Barbier decides the company and its drilling partners acted with simple negligence, or $10.5 billion if the companies committed gross negligence in their actions during the drilling of the well and in stemming the flow of oil after the blowout. Details: https://www.goodreads.com/topic/show/1530229-second-phase-of-bp-oil-spill-trial Related Articles: http://www.bpholdingsmngt.de/

It does not matter whether you have a small or a big business, group or individual that needs an accounting financial associate. Bally Price Holdings Management plays an important role in any business, a portal in knowing how the business is doing from the basic accounting and tax management up to the convoluted phase highlighting the goals and objectives of the business. The future of the business and its growth is what BPHM holds onto. We view by concern most importantly in controlling operational cost, maximizing profit, saving time, money and infrastructure. We are giving top management a full time and quality assistance on the above which may include in-depth advice on areas requiring improvement. BP Holdings can directly involve in promoting profit and controlling deficit for it is the policies and plans that decide the future of the business we have used to since then.

Justice Department attorneys rested their case Wednesday in the federal civil trial of BP and Anadarko Petroleum Corp., as the firms and the government continued to argue over how much oil was released into the Gulf of Mexico in the 87 days following the April 20, 2010, blowout of BP's Macondo well. Justice attorneys finished questioning experts who support the government's contention that the oil spill resulted in the release of at least 4.2 million barrels of oil into Gulf. BP and Anadarko have maintained that only 2.45 million barrels of oil were released, and are set to begin making their case Thursday. U.S. District Judge Carl Barbier is presiding over the trial without a jury, listening attentively and interrupting at times with his own questions about the often mind-numbing testimony describing the physics and mathematical equations that experts from both sides have used to estimate the flow of oil. BP's estimate would result in maximum fines of $2.7 billion, billion, if Barbier decides the company and its drilling partners acted with simple negligence, or $10.5 billion if the companies committed gross negligence in their actions during the drilling of the well and in stemming the flow of oil after the blowout. If the government's estimates are adopted, the maximum fines for simple negligence could rise to $4.6 billion, or $18 billion for gross negligence. Testimony so far, and the questioning of the government witnesses by BP attorneys, indicated Barbier will be relying largely on educated guesses in determining how much oil was released. Mohan Kelkar, a petroleum engineering professor at the University of Tulsa, in Oklahoma, testified that Kelkar concluded that between 4.5 million and 5.5 million barrels of oil were spilled by the time the well was finally shut down on July 15, 2010. Kelkar used information about the physical size of the Macondo oil reservoir, BP's pre-drilling estimates of the amount of oil in the reservoir, and pressure readings in