The city of Orange Beach, Alabama has reached a settlement with BP PLC over lost revenues stemming from last year’s Gulf oil spill, with the oil giant agreeing to pay $1.27 million for lodging and retail revenues the coastal town …
Tar balls washed onto Gulf of Mexico beaches by Tropical Storm Lee earlier this month show that oil left over from last year’s BP spill isn’t breaking down as quickly as some scientists thought it would, university researchers said Tuesday. …
U.S. Senators Thad Cochran (R-Miss.) and Roger Wicker (R-Miss) say they are hopeful that a key Senate committee will this week approve legislation to direct a significant portion of federal fines paid by BP for the Deepwater Horizon oil spill …
Current and former BP executives and directors won dismissal last week of one of several U.S.-shareholder lawsuits filed over last year’s Gulf of Mexico oil spill. A federal court in Houston on Sept. 15 said it was more appropriate that …
Findings of the second major investigation by the U.S. government into the 2010 Gulf of Mexico oil spill, may press BP into putting over $30 billion on the table to quickly settle its outstanding legal headaches. The joint Coast Guard …
The United States heaped the lion’s share of blame for the country’s biggest ever offshore oil spill on BP Wednesday as the government issued its final assessment of last year’s Gulf disaster. In a report that may be pivotal in …
A U.S. government team investigating last year’s massive Gulf of Mexico oil spill will blame BP and its contractors for mistakes that led to the disaster in a report expected out as early as Wednesday, according to the Wall Street …
A U.S. team probing the causes of last year’s massive BP oil spill has delayed the release of its final report in order to more fully weigh the evidence, investigators said on Friday. The government’s findings on the spill that …
BP reported yet another pipeline leak at its Alaskan oilfields, frustrating the oil giant’s attempts to rebuild its reputation after the Gulf of Mexico oil spill. BP said on Monday that a pipeline at its 30,000 barrel per day Lisburne …
A federal magistrate judge has refused to allow the Sierra Club to join a lawsuit filed by the Justice Department against BP and other companies over last year’s disastrous Gulf of Mexico oil spill. Judge Sally Shushan said in her …
