Tag Results for "Oil Spills"
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 »
U.S. oil company Chevron Corp. announced it has detected a small crude leak at the same field off Brazil's coast where another spill occurred last November. Company spokespersons said they detected a "small new seep" at the Frade field, located 120 kilometers (75 miles) off the coast of Rio de Janeiro state in the Campos basin, Brazil's largest oil region. continue reading »