Gulf Oil Spill
Halliburton says it has agreed to pay $1.1 billion to settle a substantial portion of plaintiff claims arising from the 2010 Gulf of Mexico oil spill.
It’s been two days since a collision in the Houston Ship Channel dumped as many as 170,000 gallons of oil from a barge into the water along the Gulf Coast. Monday workers in bright yellow suits picked quarter-sized “tar balls” out of the sand along Galveston Bay.
Disasters like the Gulf oil spill could happen again, according to the conclusions of a presidential panel.
BP has launched its biggest push yet to clean the tourist beaches that were coated with crude during the Gulf oil spill.
BP says the cost of the devastating Gulf of Mexico oil spill has grown to $40 billion, dragging down its third quarter net profit.
LONDON (AP) – BP PLC said Friday that it has pledged royalty revenues from several Gulf of Mexico assets to guarantee payment of claims from the disastrous blowout of its Macondo well. The oil company […]