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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 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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API: Offshore drilling safer than ever

Advances in technology, standards and practices in the last five years have made America’s offshore oil and natural ...

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BP looking to cut GoM oil spill size estimate

British oil company BP has appealed a court ruling on the amount of oil spilled in the U.S. Gulf of Mexico ...

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BP fails in attempt to reduce Macondo oil spill penalty

BP’s attempt to reduce a maximum fine for the Deepwater Horizon oil spill under the Clean Water Act has ...

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Research: Impacts of oil spill on GoM ecosystem

The Gulf of Mexico Research Initiative (GoMRI) has selected 12 research consortia to conduct scientific studies of ...

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Deepwater Horizon: Where did all the oil go?

Nearly five years after the Deepwater Horizon explosion led to the release of roughly 200 million gallons of oil ...

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BP’s ‘recklessness’ lead to Macondo ...

The United States District Court for the Easter District of Louisiana yesterday ruled that the discharge of oil in ...

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Halliburton to pay $1.1 B for Macondo incident

Halliburton today announced that it has reached an agreement to settle a substantial majority of the plaintiffs’ ...

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Oilennium to create well control course for IWCF

Oilennium™ Ltd., a Petrofac Training Services (PTS) company that provides eLearning training services to the oil ...

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Pipe buckling caused Deepwater Horizon disaster, U.S. ...

Deepwater Horizon disaster caused by drill pipe buckling, U.S. Chemical Safety Board discovers.

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OTC 2014: Beaudreau commends industry on post-Macondo ...

The departing director of the BOEM is confident that operators, service companies and regulators can continue to ...

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Halliburton to Pay $200.000 for Destroying Macondo Evidence

Halliburton Energy Services Inc. (Halliburton) pleaded guilty yesterday to destroying evidence pertaining to the ...

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Halliburton to Conclude U.S. GoM Macondo Well Investigation

Halliburton Company announced that it has reached an agreement with the U.S. Department of Justice to conclude ...

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O&G Law Firms: Macondo Effect Is Still a Fact

Press Release – As oil and gas companies all over the world are reaping the whirlwind and living the boom ...

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Halliburton Reports Income of $624 Million Excl. ...

Halliburton announced today that income from continuing operations for the first quarter of 2013 was $624 million, ...

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BP Pleads Guilty for Macondo. Agrees to Pay $4.5 Bln (USA)

BP Pleads Guilty for Macondo. Agrees to Pay $4.5 Bln (USA)

BP yesterday reached agreement with the United States government to resolve all federal criminal charges and all ...

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