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VIDEO: Mark Wahlberg's 'Deepwater Horizon' hits Toronto

"Deepwater Horizon" focuses on the hours before and after the rig explosion on April 20, 2010

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BP profit dips in second quarter

BP CEO Bob Dudley

UK oil giant BP on Tuesday posted a lower profit for the second quarter of 2016 of $720 million on an underlying ...

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BP estimates Deepwater Horizon costs at $62B

BP said on Thursday that, following significant progress in resolving outstanding claims arising from the 2010 ...

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BP to pay $175M to shareholders in Gulf spill settlement

BP to pay $175M to shareholders in Gulf spill settlement

British oil company BP, has resolved a Deepwater Horizon security litigation through a settlement with the ...

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U.S. judge approves $20B settlement for Macondo spill

Carl Barbier, United States District Judge has approved a settlement between the U.S. and BP, over damages stemming ...

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Watch the first trailer of 'Deepwater Horizon' film

Less than a month before the sixth anniversary of the largest offshore oil and gas disaster in the U.S. history – ...

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Jury finds BP supervisor not guilty in oil spill case

A former BP supervisor on board the Deepwater Horizon drilling rig was reportedly found not guilty by a jury in New ...

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Deepwater Horizon: Restoration plan released

The BP Natural Resource Damage Trustees on Friday released their final plan that details the extent of the ...

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Anadarko to appeal against Deepwater Horizon penalty?

Anadarko, a Texas-based oil and gas company, is evaluating its options following a ruling under which it needs to ...

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Anadarko avoids maximum penalty for Deepwater Horizon spill

Anadarko, an independent oil and gas company based in Texas, will pay $159 million for its involvement in the ...

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Government drops charges against ex-BP engineer

In the U.S. District Court for the Eastern District of Louisiana, the Department of Justice (DOJ) on Friday dropped ...

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Transocean to pay $20M to Alabama

Alabama, a southeastern U.S. state, has agreed to a settlement with Transocean Offshore Deepwater Drilling, Inc., ...

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BP to pay $20.8 billion for Deepwater Horizon spill

The U.S. Government and five Gulf states, Alabama, Florida, Louisiana, Mississippi and Texas, hit by the massive ...

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Transocean 2Q profit down. Macondo cash offsets charges

Transocean, one of the world’s largest offshore drilling companies, has recorded a drop in its second quarter ...

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BP swings to loss in 2Q

British oil giant BP has swung to a loss in its second quarter 2015 results due to low oil prices and charges ...

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BP agrees to pay $18.7B in Macondo disaster settlement

British oil giant BP, has said today that five years on from the Deepwater Horizon accident and spill in ...

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Court rejects BP, Anadarko bids to avoid oil spill penalties

The U.S. Supreme Court on Monday rejected bids by BP Plc and Anadarko Petroleum Corp to avoid penalties under ...

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Former BP exec acquitted of lying to FBI in Macondo case

A New Orleans jury has acquitted David Rainey, the highest ranking executive from BP charged in the Deepwater ...

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BP, Halliburton, Transocean settle Macondo claims

BP has reached settlement agreements with oilfield services firm Halliburton and drilling contractor Transocean, to ...

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Popular news, April 20 – 26, 2015

Last week was all about thirty fourth IHS CERAWeek conference in Houston, so naturally some of the most read ...

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Menendez, Pallone to introduce bill to ban Atlantic drilling

Yesterday, on the five-year anniversary of the Deepwater Horizon oil spill, the U.S. Senator Robert Menendez and ...

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