Transocean Ltd has had high-level talks with BP Plc about last year’s Gulf of Mexico oil well disaster, for which it believes BP is responsible for the damages, an executive said Tuesday. Asked about last week’s deal between well operator …
Shareholders of rig contractor Transocean Ltd voted down a proposal by a healthy margin to discharge its board members and executives from liability for activities in 2010, according to a filing. Votes in favor represented 44 percent of those cast, …
A barrage of court claims pitting BP Plc against its partners in the Gulf of Mexico oil spill could lay the groundwork for billions of dollars in settlements to spread the costs of the disaster. BP has sued Transocean Ltd, …
BP Plc filed a lawsuit for more than $42 billion against Halliburton, which cemented the blown-out well which caused the Gulf of Mexico oil spill, after claiming a similar sum from rig owner Transocean. Analysts said BP had little chance …
Transocean Ltd. gave its top executives bonuses for achieving the “best year in safety performance in our company’s history” — despite the explosion of its oil rig that killed 11 people and spilled 200 million gallons (757 million liters) of …
BP Plc has so far spent $19 billion on last year’s disastrous Gulf of Mexico oil spill and believes the uncertainty over the ultimate total has decreased, a company executive said Tuesday. BP, operator of the Macondo well, which ruptured …
Mississippi Gov. Haley Barbour said that the Gulf Coast oil spill occurred because the companies involved deviated from industry standards, not because of the inherent risk of drilling offshore. “I think the biggest lesson learned from the Gulf oil spill …
Florida’s attorney general said this week that she wants more responsiveness from the administrator handling a $20 billion Gulf oil spill claims fund. Republican Pam Bondi told journalists at The Associated Press’ annual legislative meeting that eliminating delays in responses …
