BP Asks Court to Halt Gulf Spill Payout

U.S. Navy / Getty Images Oil burns during a controlled fire in the Gulf of Mexico after the sinking of the Deepwater Horizon oil platform in 2010.

BP has asked a U.S. court to stop payments in its settlement agreement for the Gulf of Mexico spill until concerns over fraud are resolved.

It’s the latest in a string of moves by the oil giant to halt or delay payments for the disaster that killed 11 workers and released about four million barrels of oil into the sea in 2010.The company had expected the payout to cost $7.8 billion but has faced […]