Five years after the largest oil spill in U.S. history spewed millions of gallons of crude into the Gulf of Mexico, many Louisiana oystermen are fearful that a once-bountiful population of the mollusks may never recover.
BP Plc isn’t covered under Transocean Ltd.’s insurance policies for the undersea well blowout that caused the 2010 Gulf of Mexico disaster, the Texas Supreme Court said, blocking the oil company’s access to $750 mill ...
Lawyers for the government and oil giant BP are preparing for trial in New Orleans that could add more than $13 billion in penalties to the billions BP already has shelled out as a result of 2010 Gulf oil spill.
Halliburton Co. objects to BP PLC's proposed $7.8 billion settlement with individual plaintiffs for the oil giant's involvement in the Deepwater Horizon oil rig disaster, according to court documents filed Wednesday.
BP Plc officials overseeing the Macondo well that spewed millions of gallons of oil into the Gulf of Mexico ignored questions about whether safety tests done hours before a fatal blast on the drilling rig were flawed ...
Oil giant BP has lost its attempt to shift over $15 billion (9 billion pounds) of costs related to the Gulf of Mexico oil spill onto contractor Transocean, increasing the possibility BP may have to foot the entire $4 ...
Egypt and Saudi state oil giant Aramco plan to launch an oil spill containment exercise in an Alexandria port in November, according to an Egyptian official.