One of BP's attempts to curb payouts for what it says are "fictitious" and "absurd" claims related to the 2010 Gulf of Mexico oil spill has failed after a legal appeal was rejected by a U.S. court.
BP had argued in its appeal that the administration of a 2012 settlement agreement was faulty because it allowed claimants without actual damages to join in.
But a panel of the 5th U.S. Circuit Court of Appeals on Friday affirmed a federal judge's approval of the multi-billion dollar settlement between the oil company and businesses and individuals who lost money and property in the spill.
(Read more: Court rejects BP bid to require proof of Gulf oil spill losses)