BP’s $7.8 billion settlement with Gulf Coast residents harmed in the Deepwater Horizon disaster leaves potentially far more expensive issues unresolved.
March 4, 2012
News that 100,000 fishermen and oil spill workers settled with BP for $7.8 billion rather than going to trial suggests a lesson from the Valdez spill: Drawn-out litigation can become its own tragedy.
March 3, 2012
BP wants Halliburton to pay for "the amount of costs and expenses incurred" to clean up and remediate the catastrophic 2010 oil spill, according to federal court filings.
January 3, 2012
BP has assumed responsibility for the 2010 Gulf of Mexico explosion, which killed 11 and spewed more than 200 million gallons of oil. But it's fighting over liability for damages.
December 6, 2011
Michael Bromwich, known to Alaskans and others in oil producing states as one of the chief deciders in the Obama administration's offshore drilling team, will be leaving public service at the end of 2011 for the private sector.
November 29, 2011
An exhaustive report on the Gulf oil spill said complacency and cost-cutting led BP to make a series of decisions that complicated operations and added risk before the rig exploded.
September 14, 2011
Reports of oil surfacing near the site of the Deepwater Horizon explosion are raising questions about its source and whether it is related to last year’s oil spill in the Gulf of Mexico – one of the worst environmental disasters in US history.
September 1, 2011
On the one-year anniversary of the Deepwater Horizon rig disaster and resulting oil release, BP has filed a few different lawsuits that seek damages and to share potential liabilities.
April 21, 2011
A year after the Deepwater Horizon explosion triggered the mammoth Gulf oil spill, fishermen, hotel owners, and oil workers on Louisiana's coast aren't sure if nature's balance can be regained.
April 20, 2011
Divorce, bankruptcy, depression, breakdowns, anger and grief -- Alaskans who lived through the Exxon Valdez oil spill know the meaning of manmade catastrophe.
April 19, 2011