The Justice Department and five states on Monday announced a $20 billion final settlement of claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. BP has reached an $18.7 ...
When the BP oil rig exploded in the Gulf of Mexico, it killed 11 people, injured 17 and spewed oil from its wellhead on the ...
On a blistering June day in Houma, Louisiana, the local offices of BP ... oil fields leased between 1996 and 2000. A fleet of new rigs was soon punching holes all over the Gulf at a cost of ...
BP lifted oil and gas output by 7.6% in the first quarter, and is ramping up in several parts of the world, including near ...
As far as British oil giant BP is concerned, the catastrophic oil spill that tainted Louisiana’s shores more than a decade ago didn’t take place in the Gulf of Mexico. It took place in the ...
The BP Deepwater Horizon catastrophe in 2010 spilled 205.8 million gallons of oil and 225,000 tons of methane into the Gulf of Mexico. Only about 25 percent of the oil was recovered, leaving more than ...
Offshore drilling is a direct result of the growing global appetite for oil and gas. At present, ecosystems in the Gulf of Mexico are being exposed to an oil spill larger in magnitude and scope ...
The spill affected the shorelines of five states- Texas, Louisiana, Mississippi, Alabama and Florida- crippling the ecosystems and local economies. Oil giant BP has agreed to pay $20bn to settle ...
More than six years on from the Deepwater Horizon oil spill, BP has finally released a ‘reliable estimate’ of the final bill. Having recently taken steps to resolve all of the outstanding claims ...