Three years after Gulf spill, BP fights huge fines
Three years after a deadly explosion on a BP-leased drilling rig unleashed the worst environmental disaster in US history, the British energy giant is fighting to avoid billions in fines.
Three years after a deadly explosion on a BP-leased drilling rig unleashed the worst environmental disaster in US history, the British energy giant is fighting to avoid billions in fines.
Chevron was given the green light to resume oil exploration in Brazil following a massive 2011 spill which led to the US oil giant halting its activities, authorities said Monday.
The blockbuster BP oil spill trial opened Monday with a scathing attack on the poor safety standards which led to the worst environmental disaster in US history.
The United States hit drilling rig operator Transocean Deepwater with $1.4 billion in criminal and civil fines Thursday for its role in the 2010 Deepwater Horizon oil leak disaster in the Gulf of Mexico.
US oil giant Chevron has agreed to pay 310 million reales ($155 million) to Brazil for an oil spill last year that fouled beaches in Rio de Janeiro, officials said Saturday.
BP agreed Thursday to pay a record $4.5 billion in US fines for the 2010 Gulf of Mexico oil spill and will plead guilty to obstruction and criminal negligence in the deaths of 11 workers.
British oil company BP said Thursday it is in advanced talks with U.S. agencies about settling criminal and other claims from the Gulf of Mexico well blowout two years ago.
The US Justice Department has accused oil giant BP of "gross negligence and willful misconduct" in the massive 2010 Gulf of Mexico oil spill, in court documents obtained Wednesday.
A huge oil spill off Brazil's southern coast was the result of excessive pressure used by oil giant Chevron in drilling the sea floor, according to a report by police and prosecutors published by local media ...
BP said it reached a $7.8 billion deal to settle claims from fishermen and other private claimants affected by the Gulf of Mexico oil spill ahead of the start of a major US trial.
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.
(AP) -- On the cusp of trial over the catastrophic 2010 oil spill in the Gulf of Mexico, phalanxes of lawyers, executives and public officials have spent the waning days in settlement talks. Holed up in small ...
British oil giant BP must cover some of the eventual claims against subcontractor Halliburton arising from the devastating 2010 Gulf of Mexico oil spill, a US judge ruled Tuesday.
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.
Brazil's environmental authorities said they have discovered a 10,000 liter leak at an oil platform in the pristine Bay of Ilha Grande, the second such mishap to threaten this country's shorelines in recent ...