The first BP executive to testify at a trial over the nation’s worst oil spill is set to take the stand for a second day on Wednesday to discuss the 2010 disaster in the Gulf of Mexico.
An engineer who played a prominent role in investigating levee breeches in New Orleans after Hurricane Katrina is scheduled to be the first witness on Tuesday at the trial.
A judge approved an agreement for BP to plead guilty and pay a record $4 billion in criminal penalties for the company’s role in the 2010 oil disaster in the Gulf of Mexico.
Businesses and individuals who claim BP’s oil spill in the Gulf of Mexico cost them money have been paid more than $1 billion through the company’s class action settlement.
The Justice Department has reached a $1.4 billion settlement with Transocean Ltd., the owner of the drilling rig that sank after an explosion killed 11 workers and spawned the massive 2010 oil spill in the Gulf of Mexico.
CBS News has learned that BP is set to embark on the fifth day of a little-known mission to look for any new oil leaking from the Deepwater Horizon disaster.
Coast Guard officials say they are investigating a fire at an oil drilling platform off the coast of Louisiana in the Gulf of Mexico.
BP has agreed to pay the largest criminal penalty in U.S. history, totaling billions of dollars, for the 2010 oil spill in the Gulf of Mexico, a person familiar with the deal said Thursday.
The 2012 presidential campaign between President Obama and Mitt Romney will be book-ended by hurricanes.
In an effort to distract voters from his tax records, W. Mitt Romney launched a four pronged push back yesterday. Romney’s problem: each move revealed more about the problems with his floundering campaign.
The federal government’s first auction of offshore petroleum leases in the same area where the Deepwater Horizon exploded in 2010 brought in $1.7 billion in winning bids Wednesday.
Kevin Costner said his reputation was at stake as he defended himself against accusations that he cheated fellow actor Stephen Baldwin out of millions of dollars after the 2010 oil spill.