Rig contractor Transocean Ltd agreed Thursday to pay $1.4 billion to settle charges over BP Plc's Gulf of Mexico oil spill, admitting that its crew on the Deepwater Horizon was partly responsible.
Eric Linton
Jan 03, 2013
BP agreed to plead guilty to 11 felony criminal charges and one misdemeanor charge, and to pay the fine over five years.
Joseph Lazzaro
Nov 15, 2012
Pluristem Therapeutics, Facebook Inc, ARM Holdings Plc, Francesca's Holdings Corp, BP Plc, Nokia Corp, Alcatel Lucent SA, Capital One Financial Corp, Netflix and Lennar Corp. are among the companies whose shares are moving in pre-market trading Wednesday.
Satya Nagendra Padala
Sep 05, 2012
The road to recovery for New Orleans has been as long and winding as the Mississippi River that snakes through town, but the people of this city are ready for the world to see what they've known for a while: The place is vital again.
Mark Johanson
Aug 25, 2012
Local campaigners have compared the potential impact of the mine's effluent to BP's Gulf of Mexico disaster and the Exxon Valdez oil spill, saying the region's fish stocks will become unsellable if the project goes ahead.
Oliver Tree
Aug 08, 2012
The British banking giant announced it was earmarking $700 million for laundering roughly $30 billion in drug and terrorism money around the world.
Oliver Tree
Jul 30, 2012
This time, China's bid is unlikely to be blocked by the government, as its attempted takeover of Unocal was seven years ago
IBT Staff Reporter
Jul 25, 2012
The study, conducted by Sony Electronics and Nielsen television research, measured the most impactful moments in TV history based on participants' recollections of televised events. The results were compiled through an online survey of 1,077 adults selected at random by Nielsen, the company that measures TV ratings.
Christopher Zara
Jul 12, 2012
A federal jury in New Orleans rejected Thursday claims that Kevin Costner and his business partner swindled Stephen Baldwin and a friend out of millions of dollars from a BP contract for oil cleanup devices after the 2010 Gulf of Mexico spill.
Eric Linton
Jun 14, 2012
As a weak economic recovery and cheaper gasoline alter the travel plans of Americans from international trips to domestic jaunts, the Gulf Coast could be a big winner.
Eric Linton
Jun 10, 2012
The central character in Aaron Sorkin's coming HBO drama 'The Newsroom' is a registered Republican, but he doesn't advertise it.
Ellen Killoran
Jun 09, 2012
As a weakening economic recovery and cheap gas lead Americans to curtail international vacations, domestic tourism is poised for a solid summer.
Angelo Young
Jun 08, 2012
The 2010 Gulf Coast oil spill may prove to be a jobs booster for the region, if money paid in damages is spent to restore the Gulf's coast.
Pierre Bertrand
Jun 08, 2012
Brazil's oil regulator announced Monday it could affix a fine Chevron Corp., would have to pay for a November oil spill off the coast of Rio de Janeiro by this summer.
Pierre Bertrand
Jun 04, 2012
Chinese oil company CNOOC said the localsubsidiary of U.S. oil company ConocoPhillips is cleaning up a small and contained oil spill, on the site where a much larger spill occurred last year.
Pierre Bertrand
Jun 04, 2012
The Bureau of Safety and Environmental Enforcement will be conducting a series of possibly unannounced equipment inspections and on-water drills to test the oil spill responsiveness of companies planning to operate off the coast of Alaska in the Arctic Ocean.
Pierre Bertrand
May 25, 2012
The Department of the Interior on Thursday called for a deepwater oil and natural gas containment exercise, designed to test the oil industry's readiness and capacity to respond to a future accident like the Deepwater Horizon in the Gulf of Mexico.
Pierre Bertrand
May 25, 2012
Cuba's hope of cutting its energy dependence on Venezuela by developing new domestic sources of crude oil has suffered a blow -- the first in a series of exploratory offshore wells is a dry hole.
Pierre Bertrand
May 18, 2012
Brazilian naval authorities are investigating yet another oil sheen seen floating near a platform owned by state oil company Petrobras.
Pierre Bertrand
May 17, 2012
Federal judge Jane Triche Milazzo has recused herself this week from the first criminal case stemming from BP's Deepwater Horizon 2010 oil spill.
Pierre Bertrand
May 17, 2012
Brazilian oil company Petrobras, which helps U.S.-based Chevron develop offshore oil fields in Brazil, said regulators there are not likely to shut down Chevron's operations in the Frade oil field in the wake of oil spills.
Pierre Bertrand
May 17, 2012
Newly-released BP oil spill photos show the sad impacts the disaster had on sea turtles and other animals two years ago.
Connor Adams Sheets
May 08, 2012