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Tag Results for "Gulf Oil Spill"

For Their Role in Gulf Oil Spill, Transocean Will Pay $1.4 B

Swiss drilling company Transocean Ltd. said Thursday it has agreed to pay the U.S. government $1.4 billion for environmental and economic damage caused by the massive 2010 oil spill in the Gulf of Mexico. continue reading »

UPDATE: 2 Still Missing After Gulf Oil Rig Explosion

Two people remained missing Friday after an explosion on an oil rig in the Gulf of Mexico, the U.S. Coast Guard said. The Coast Guard's initial report mentioned two fatalities, continue reading »

BREAKING NEWS: 2 Missing, 4 Sent to Hospital After Oil Rig Explosion in the Gulf

At least four people have been sent to the hospital and two are still missing after an explosion on an oil rig off the coast of Louisiana. The production platform is in the Gulf of Mexico, about 25 miles southeast of Grand Isle, Louisiana, and is owned by Black Elk Energy. continue reading »

Agreement Reached: BP to Pay $4.5 Billion for 2010 Oil Spill in Gulf of Mexico

BP Plc announced Thursday that it reached agreement with the U.S. government to pay $4.5 billion for the explosion of an oil drilling platform and the subsequent spilling 4.9 million continue reading »

BP Claiming After Gulf Oil Spill, Halliburton Destroyed Evidence

BP Plc accused Halliburton of "intentionally" destroying evidence linked to the April 2010 explosion of a drilling platform in the Gulf of Mexico that caused the worst oil spill in U.S. history. continue reading »