Thursday, September 4, 2014
deepwater horizon
News

Transocean Cleared from Deepwater Horizon Blowout Liability

Steven Newman, Chief Executive of deepwater drilling firm Transocean scored a big victory today, both for his company and most certainly on a personal level as U.S. District Judge Carl...

September 4, 2014
Total Views: 46

Tuesday, September 2, 2014
News

Halliburton’s $1.1 Billion Spill Agreement Avoids Bigger Payouts

Halliburton Co.’s agreement to pay $1.1 billion to settle most of the lawsuits over its role in the biggest U.S. offshore oil spill helps it avoid billions more in potential penalties down the road.

September 2, 2014
Total Views: 1

Friday, April 19, 2013
Offshore

BP Faces Uncertainty on Third Anniversary of Deepwater Horizon Disaster

BP Plc faces the third anniversary of the 2010 oil spill in the Gulf of Mexico tomorrow with no sure knowledge of how much more it will have to pay.

April 19, 2013
Total Views: 48

Tuesday, February 26, 2013
Interesting

BP Profit Push ‘Root Cause’ of Gulf Oil Spill, Witness Says

By Jef Feeley and Allen Johnson Jr. (Bloomberg) — BP Plc’s push to maximize profits and cut costs at the Macondo well was a “root cause” of the explosion that...

February 26, 2013
Total Views: 13

Friday, February 22, 2013
deepwater horizon disaster
Offshore

BP Heads to Trial With Early Victory

By Margaret Cronin Fisk (Bloomberg) — BP Plc heads into a sprawling trial Monday over who is liable for the biggest offshore oil spill in U.S. history with an early...

February 22, 2013
Total Views: 0

Saturday, March 3, 2012
deepwater horizon fire
Offshore

BP to Pay $7.8 Billion in Gulf Oil Spill Settlement

BP PLC (BP, BP.LN) has agreed to a no-cap settlement with thousands of individuals and businesses affected by the Deepwater Horizon disaster, but the oil giant estimates its costs will...

March 3, 2012
Total Views: 0

Monday, February 27, 2012
Offshore

$14 Billion Settlement Deal in the Works in Deepwater Horizon Civil Trial – BLOOMBERG

BP and plaintiffs suing over the 2010 Gulf of Mexico oil spill are said to be in talks for a $14 billion settlement funded by monies originally set aside by...

February 27, 2012
Total Views: 0