BP escapes U.S. lawsuits over post-Gulf spill drilling ban

BP Plc does not have to face U.S. lawsuits by energy and drilling companies over losses they suffered from an offshore drilling ban imposed soon after the 2010 Gulf of Mexico oil spill, a federal judge ruled. U.S. District Judge Carl Barbier in New Orleans agreed with BP that federal law absolved the British oil company from liability for the Obama administration’s decision to halt drilling and impose a moratorium on permits for new wells.
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