An oil spill in the Gulf of Mexico last week may be the largest in the U.S. since the 2010 blowout at BP Plc’s Macondo well that sank the Deepwater Horizon rig and killed 11 people. LLOG Exploration Co. reported …
Companies that drill for oil and gas in U.S. waters should be required to work more closely with rig workers and regulators, as they do in Norway and the United Kingdom, to reduce the risk of accidents, the U.S. Chemical …
Halliburton Co.’s agreement to pay $1.1 billion to settle most of the lawsuits over its role in the biggest U.S. offshore oil spill helps it avoid billions more in potential penalties down the road. The oilfield services company, accused of …