Related topics: gulf of mexico · oil spills · oil

BP faces billions in fines as spill trial nears

(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 Coast Guard slams Transocean

The US Coast Guard slammed drilling rig operator Transocean's "poor safety culture" in a report Friday on the massive explosion and fire that unleashed the biggest maritime oil spill in history.

BP reaches $7.8bn part settlement over US oil spill

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.

Chevron to pay $155 million for Brazil oil spill

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.

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.

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.

Gulf of Mexico oil crew ignored warnings: probe

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.

US report spreads blame for BP oil spill

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.

BP, Transocean, Halliburton cited for violations

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.

Wait is on for judge's ruling in BP oil spill trial

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 ...

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