Oil giant BP says it has paid more than $657 million for grants, claims and recovery costs in Alabama from the oil spill in the Gulf of Mexico. The oil company released updated figures this week on the amounts it …
The White House oil spill commission said on Monday it found no evidence to support accusations that the largest offshore oil spill in U.S. history happened because workers for BP Plc and its partners cut corners to save money, mostly …
The White House oil spill commission will delve into the root causes of the BP offshore drilling disaster at a meeting Monday that may have liability ramifications for the companies that continue to point the finger at each other for …
Republicans regained control of the Michigan Supreme Court by capturing two seats Tuesday, riding the same electoral wave that made the GOP victorious in all major statewide races. Wayne County Judge Mary Beth Kelly and incumbent Justice Robert Young Jr. …
$19 Million A federal jury in Jonesboro, Ark., awarded $19 million to a Walnut Ridge man who sued Ford Motor Co., claiming that he was paralyzed in a car wreck because his seat belt was defective in his 1998 Windstar …
New criticism of Halliburton Co.’s work on BP Plc’s blown-out Gulf of Mexico well could make it harder for the world’s second-largest oilfield services company to escape significant responsibility for the disaster. Lawyers for the government and spill victims gained …
$75 Million The federal oil spill liability cap that BP has now said in court documents that it will waive. BP urged other defendants in the case, including Transocean Holdings LLC and Anadarko Petroleum Corp. to also waive the liability …
Underwriting capacity remains plentiful across most lines of commercial insurance and there are no significant insurance coverage restrictions, despite major losses associated with the Deepwater Horizon spill and the Chilean earthquake, according to a recent market report. In its Market …
Halliburton Co. used flawed cement in BP Plc’sdoomed Gulf of Mexico well, which could have contributed to the blowout that sparked the worst offshore oil spill in U.S. history, a White House panel said Thursday. Halliburton’s shares tumbled as much …
Supply chain management can go a long way in determining the fate of a business. Just ask any businesses that were impacted by the disruption of seafood supply during the BP oil spill in the Gulf of Mexico. And yet …
