More Gulf Oil Spill Articles

  • Ruling could cost BP added $18B; stock slumps

    NEW YORK (AP) — A judge's ruling in the 2010 Gulf of Mexico oil spill case that could cost BP an additional $17.6 billion in fines sent the company's shares tumbling Thursday. BP was found by U.S. District Judge Carl Barbier to have acted with "gross negligence," leading to the worst U.S....

  • Halliburton reaches $1B Gulf oil spill settlement

    NEW ORLEANS (AP) — Halliburton's agreement to pay more than $1 billion to settle numerous claims involving the 2010 BP Gulf of Mexico oil spill could be a way for the company and victims of the spill to avoid years of costly litigation — if all the pieces fall into place. A federal judge still...

From the Weekly Standard