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.
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.
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.
Japanese conglomerate Mitsui will pay $90 million for its role in the Deepwater Horizon disaster, the worst oil spill in US history, authorities said Friday.
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.
The US government slapped BP, Transocean and Halliburton with citations for violating oil industry regulations in what is expected to lead to massive fines for the deadly 2010 oil spill.
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 ...
The crew of an oil rig that exploded in the Gulf of Mexico last year causing one of the worst oil spills in US history ignored warning signs a disaster was imminent, an investigator said Friday.
Eighteen Greenpeace activists who scaled an oil rig off Greenland to protest oil prospecting in the Arctic were on Saturday arrested by police, the environmental group said.
(AP) -- Three Greenpeace activists on Sunday climbed up an oil rig off Greenland's coast in an attempt to stop a Scottish oil company from starting deepwater drilling in the arctic waters, the environmental group said.