The heaviest polar ice in more than a decade could postpone the start of offshore oil drilling in the Arctic Ocean until the beginning of August, a delay of up to two weeks, Shell Alaska officials said.
BP pressed on Friday with a risky bid to plug a ruptured oil well it said was going as planned, while new data showed the Gulf of Mexico spill is the worst in US history.
British energy giant BP admitted on Tuesday that its $20 billion (15 billion euro) fund to compensate victims of the 2010 US oil spill disaster has almost run out of cash.
One of the last significant hurdles to offshore oil drilling in the Arctic was cleared Friday with approval of a plan to deal with a nightmare scenario - an oil spill at the top of the world.
Oil giant BP's agreement of a $7.8 billion settlement for victims of the 2010 Gulf of Mexico oil spill will not end its legal headaches or erase the disaster for some US southern coast residents.
When the Deepwater Horizon drilling rig exploded April 20, 2010, residents feared that their Gulf of Mexico shores would be inundated with oil. And while many wetland habitats and wildlife were oiled during the three-month ...
British energy giant BP is prepared for a multi-billion-dollar US legal case into the massive Gulf of Mexico oil spill to last until 2014, its chief executive told the Sunday Telegraph.
Ed Sherman, a Tulane University law professor specializing in complex litigation, continues to closely monitor the BP Gulf of Mexico oil spill trial in New Orleans, almost three years after the Deepwater Horizon drilling ...
US prosecutors are readying criminal charges against British oil giant BP employees over the 2010 Deepwater Horizon accident that led to the catastrophic Gulf oil spill, The Wall Street Journal reported online.
Soon after the Deepwater Horizon drilling rig exploded on April 20, 2010, in the Gulf of Mexico, Annette Engel, associate professor in earth and planetary sciences at the University of Tennessee, Knoxville, grabbed all the ...