LONDON (Reuters) - Oil giant BP will likely agree to pay the U.S. Department of Justice $20-$25 billion next month to settle all civil and criminal charges around the Deepwater Horizon rig blast and Gulf of Mexico oil spill, a leading industry analyst predicted on Thursday.
WASHINGTON — British oil giant BP received approval Friday to restart drilling in the Gulf of Mexico, 18 months after a BP well blowout killed 11 and released millions of barrels of crude into the ocean.
NEW YORK — The United States said it will allow British oil giant BP to bid on new oil-drilling leases in the Gulf of Mexico due to go on sale later this year, less than two years after a devastating spill.
The crew of an oil rig that exploded in the Gulf of Mexico last year causing one of the worst oil spills in US history ignored warning signs a disaster was imminent, an investigator said Friday.
NEW ORLEANS, Louisiana (AFP) – Oil giant BP detected a leak Thursday in equipment to seal the catastrophic Gulf of Mexico gusher, forcing another delay to the start of crucial tests on a new tighter-fitting cap.
