Related topics: gulf of mexico · oil spills · oil

BP says oil spill compensation fund running out

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.

New oil leak found in Brazil: officials

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.

Mitsui to pay record fine for Gulf oil spill

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.

BP says US oil spill trial could 'last until 2014'

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.

Judge clears BP's $7.8 bn settlement in US oil spill

British oil giant BP won approval Friday from a US federal judge of a $7.8 billion settlement with people and businesses who lost money and property due to the 2010 oil spill in the Gulf of Mexico.

Greenpeace activists climb Greenland oil rig

(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.

Whales' signals reveal retreat from ill-fated oil rig

A technique that monitors whales through the sounds they emit has answered a key issue raised by the explosion of the Deepwater Horizon oil rig in the Gulf of Mexico two years ago this month.

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