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 ...
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 Tuesday.