Watch
After a long legal fight, BP agrees to largest environmental settlement in U.S. history
In the nation’s worst oil disaster, 134 million gallons of crude gushed into the Gulf of Mexico, coating beaches and barrier islands, killing thousands of animals and decimating fisheries. Now nearly five years later, oil giant British Petroleum is facing…
BP to pay $18.7 billion to 5 states for Gulf of Mexico oil spill
BP has reached an $18.7 billion settlement with the federal government and five states, effectively ending litigation stemming from the 2010 Deepwater Horizon rig explosion and subsequent oil spill.
5 key things we learned about oil spills from the Gulf Coast disaster
The Deepwater Horizon event was a national tragedy: 11 workers killed in a blowout, an ecosystem inundated with oil and the livelihoods of many in the Gulf states disrupted. In a response effort of unparalleled scale, a diverse group of…
Study: ‘Footprint’ of 2010 Gulf Oil Spill may be worse than thought
Penn State researchers recently found two partially dead deep sea coral reefs 22 kilometers east of the site of the 2010 Gulf Oil Spill. Before these findings, biologists only knew of one reef that was damaged by the oil spill.
BP won 24 new oil tracts Wednesday after a 16-month ban from new federal contracts was lifted from the company.
Halliburton Admits Destroying Evidence in 'Grim Sorting Out' of Gulf Spill Blame…
After Oil Spill in Arkansas, Weighing Risks of Keystone Pipeline Extension…
In other news Monday, Wall Street saw a late afternoon sell-off caused by worries over instability in Europe and reports that Italy may not be able to form a new government. Also, a civil trial began in New Orleans over…
British Petroleum agreed to plead guilty to manslaughter and other charges. The company will also pay four billion dollars in criminal penalties in connection to the 2010 Deep Water Discovery oil spill in the Gulf Coast. Senator John Kerry, D-Mass.
