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New BP Oil Spill Compensation Fund Rules: Why The Catch-22? Huffington Post (blog) If individuals and businesses injured by the Gulf oil spill don't have a crystal ball, they may not get full compensation for their damages, … Indirect economic damages from Gulf of Mexico oil spill can be hard to defineNOLA.com BP appears to stall on damage claimsTampabay.com all 9 news articles »

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BP pledges US billion compensation
Reuters. WASHINGTON. An “unprecedented” string of failures triggered the Gulf of Mexico oil spill, BP’s chief executive argued yesterday, a day after his firm pledged at least US billion in compensation.
Read more on The Herald

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BP agrees to suspend dividend payments, create compensation fund and cut spending
BP PLC says it will suspend its dividend for the rest of this year and set up a billion fund to assure victims of the Gulf oil spill that they will be compensated for their losses.
Read more on Baltimore Sun

BP Execs Arrive for Obama Meeting on Compensation
BP Chairman Carl-Henric Svanberg and CEO Tony Hayward arrived at the White House for a meeting with President Barack Obama intended to hammer out a plan for compensating Gulf Coast residents
Read more on BusinessWeek

BP sets up billion compensation fund for oil spill victims
On a day that was all about holding Big Oil’s feet to the fire, a planned 25-minute White House meeting stretched on for hours.
Read more on Toronto Star

Reid suggests BP pay billion for compensation fund
WASHINGTON — Sen. Harry Reid on Monday called on BP to set aside billion in an escrow fund to pay compensation for damages caused by the oil spill in the Gulf of Mexico.
Read more on Las Vegas Review-Journal

Relatives of killed oil rig workers seek compensation law change
WASHINGTON : Christopher Jones, whose brother died aboard the doomed Deepwater Horizon oil rig has something to say to BP’s CEO Tony Hayward: “I want my brother’s life back.”
Read more on Channel NewsAsia