The companies involved in the worst offshore oil spill in U.S. history are trying to prevent government investigations blaming them for the disaster from being used against them by the people and businesses who are suing them. Billions of dollars …
Transocean Ltd , the owner of the oil drilling rig that exploded and sank in the Gulf of Mexico last year, blamed BP Plcin a report released Wednesday for decisions that led to the disastrous oil spill. Transocean and BP …
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 …
On the first anniversary of the Gulf of Mexico oil spill, BP Plc sued Transocean , seeking at least $40 billion in damages and other costs from the owner of the Deepwater Horizon rig. London-based BP also sued Cameron International …
Executives at the offshore drilling contractor at the center of last year’s Gulf of Mexico oil spill are donating bonuses they got for the company’s safety record last year. The decision came several days after Transocean Ltd. disclosed the bonuses …
