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.
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 groups inside ...
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 weeks.
A key US government report spreads the blame for the massive oil spill in the Gulf of Mexico Wednesday, citing a bad cement job and poor management decisions by BP and its subcontractors.
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 ...
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.