Catastrophe risk modeling firm AIR Worldwide has released a report that examines the implications of the Gulf oil spill on...
Oil Spill News
Carol Terrebonne, a wholesale retailer who buys shrimp off the boats in southern Louisiana, laughs when asked about the $5,000...
The Obama administration told Transocean Ltd. in a letter last week it was “simply unconscionable” for the drilling firm to...
Oil from BP’s out-of-control Gulf of Mexico oil spill could threaten the Mississippi and Alabama coasts this week, U.S. forecasters...
Hurricanes could rupture underwater oil and natural gas pipelines in the Gulf of Mexico, which is already struggling with the...
The threat of an above-average 2010 Atlantic hurricane season has heightened over the past month and it now promises to...
Lloyd’s of London announced that it estimates its net claims before tax from the earthquake in Chile to be in...
The U.S. Justice Department said Tuesday that Congress could retroactively impose a higher liability cap on BP Plc to pay...
The Obama administration Tuesday slammed as “inappropriate” an attempt by Transocean Ltd to limit its liability for its role in...
U.S. National Hurricane Center director Bill Read said Tuesday that earthquake-ravaged Haiti was his biggest concern as another Atlantic hurricane...