Nearly three years after a deadly rig explosion in the Gulf of Mexico triggered the nation’s worst offshore oil spill, a federal judge in New Orleans is set to preside over a high-stakes trial for the raft of litigation spawned by the disaster.
A federal judge on Tuesday approved an agreement for BP PLC to plead guilty to manslaughter and other charges and pay a record $4 billion in criminal penalties for the company’s role in the 2010 oil disaster in the Gulf of Mexico.
The Justice Department reached a $1.4 billion settlement Thursday with Transocean Ltd., the owner of the drilling rig that sank after an explosion killed 11 workers and spawned the massive 2010 oil spill in the Gulf of Mexico.
A federal judge has given final approval to BP’s settlement with a bulk of businesses and individuals who lost money because of the 2010 oil spill in the Gulf of Mexico.
BP has been going to the site of the Deepwater Horizon disaster in the Gulf of Mexico with the Coast Guard to see if any more oil is seeping through the capped containment dome, CBS News is reporting.
A person familiar with the deal says oil giant BP has agreed to pay a criminal penalty in the billions of dollars for the 2010 oil spill in the Gulf of Mexico.
The 2012 presidential campaign between President Obama and Mitt Romney will be book-ended by hurricanes.
In an effort to distract voters from his tax records, W. Mitt Romney launched a four pronged push back yesterday. Romney’s problem: each move revealed more about the problems with his floundering campaign.
Captain Mickey and Captain Bennie discuss the drought, types of trolling motors, guns, and surf fishing with the Sunday sickos.
In a statement released Tuesday on BP’s website, they plan to complete the sale of the company’s refineries in Texas City and Carson, CA. by the end of 2012. This will reduce the refining capacity […]