An energy company that invested in the ill-fated Macondo well in the Gulf of Mexico is arguing in court that it should not face steep federal penalties for the 2010 BP oil spill. The government has suggested a penalty of …
Halliburton Co. agreed to pay $1.1 billion to settle a majority of lawsuits brought over its role in the largest offshore oil spill in U.S. history. The agreement is subject to court approval and includes legal fees, the Houston-based company …
BP Plc delayed efforts to cap its Macondo well in 2010 by misrepresenting how much oil was gushing into the Gulf of Mexico, lawyers for spill victims said, urging a judge to find the company grossly negligent. BP was unprepared …
A former BP Plc engineer deliberately destroyed evidence sought by the U.S. for a probe of the 2010 Gulf of Mexico well explosion and oil spill, a federal prosecutor said at the end of a trial in New Orleans. Prosecutors …
BP Plc’s doomed Macondo well dumped 4.2 million barrels of oil into the Gulf of Mexico in 2010, a lawyer for the U.S. told a judge who is assessing the size of the spill and how well the company reacted …