oil spill News
After Derailment Spills 230,000 Gallons of Oil in Iowa, BNSF Railway Pursues Service Restoration
BNSF Railway Co on Monday said it could resume service Tuesday on a stretch of northwestern Iowa track damaged when a train left the track and crude oil spilled from derailed cars. The crude oil ...
BP Deepwater Horizon Spill Liability Climbs to $61.6B
BP Plc has raised the total liability from the Deepwater Horizon oil disaster, which triggered the worst offshore oil spill in U.S. history, by $5.2 billion to $61.6 billion before tax. The ...
BP Resolves Oil Spill-Related Claims With Hailiburton, Transocean
BP Plc has settled with oilfield services provider Halliburton Co and contract driller Transocean Ltd cross claims related to the 2010 Gulf of Mexico oil spill, the worst offshore disaster in U.S. ...
Emerging Risks Pose Serious Challenges to Marine Industry: Allianz
An increasingly difficult operating climate for ship operators has forced a number of innovations, including larger ship sizes to capitalize on economies of scale, the use of alternative fuels and ...Appeals Court to Fast-Track BP’s Bid to Halt Gulf Oil Spill Payments
BP Plc's bid to block economic-loss payments tied to the 2010 Gulf of Mexico oil spill unless the claims can be directly linked to the disaster won fast-track consideration by an appeals court. The ...BP Wins Appeals Court Order Stopping Some Oil Spill Payments
BP Plc won an appeals court order stopping some payments under a $9.2 billion settlement tied to the 2010 Gulf of Mexico oil spill. BP last month asked for an injunction halting payments to claimants ...
BP Lied About Size of U.S. Gulf Oil Spill, Lawyers Say
In the frantic days after the 2010 Gulf of Mexico oil spill, BP lied about how much oil was leaking from its Macondo well and took too long to cap it, plaintiffs' lawyers said on Monday at the ...BP Asks Judge to Deny Investor Class-Action Against Company, Officers
BP Plc asked a federal judge to deny U.S. investors the right to pursue a class action, or group, lawsuit claiming the company misled them before and after the 2010 Gulf of Mexico oil spill. The ...