The Justice Department and five states on Monday announced a $20 billion final settlement of claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. BP has reached an $18.7 ...

BP has been fined £7,000 over an oil spill during which 95 tonnes of crude oil was discharged off Shetland. Investigators found that a "process failure" led to the incident at the Clair Platform ...

However, offshore oceanic impacts are less well understood. The BP oil spill is introducing oil and methane gas into the deep water of the Gulf of Mexico. Previous studies on deepwater drilling ...

Ever since John Browne vowed to turn BP green ... the British oil giant has experienced a series of embarrassing mishaps. That includes major safety lapses, such as a massive oil spill in the ...

More than six years on from the Deepwater Horizon oil spill, BP has finally released a ‘reliable estimate’ of the final bill. Having recently taken steps to resolve all of the outstanding claims ...

Goddard believes that Anadarko’s liability for punitive damages will be capped at $75 million under the rules of the Oil Spill Liability Trust Fund (BP has waived its Trust Fund cap).