BP’s $7.8 billion oil spill settlement is in the news. Less well known is that Chevron faces $18 billion in Texaco-related damages.
Tests on sunken oil tanker off California coast bring relief
November 28, 2011, 4:22 PM
A state and federal task force find no oil in an oil tanker that sunk off the California coast in 1941. It was carrying 3 million tons of crude when it went down.
Transocean reports poor results due to Deepwater Horizon hangover
November 7, 2011, 2:55 PM
The blowback from the 2010 Deepwater Horizon disaster weighs heavily on Transocean’s financial performance in 2011.
BP wins permission to drill in the deepwater Gulf of Mexico
November 1, 2011, 10:42 AM
BP gets government approval to resume drilling in the deepwater Gulf of Mexico, some 18 months after the Deepwater Horizon disaster.
Anadarko and BP cut a deal over the 2010 Gulf oil spill
October 18, 2011, 3:19 PM
Anadarko and BP cut a deal over the 2010 Gulf of Mexico oil spill
Federal report blames BP for 2010 Gulf oil disaster
September 19, 2011, 8:47 AM
A federal report lays most of the blame for last year’s Macondo well disaster in the Gulf of Mexico on rig operator BP.
Is the Keystone XL crude oil pipeline a done deal?
September 1, 2011, 11:55 AM
TransCanada’s Keystone XL Pipeline passes State Department environmental impact test.
Shell’s big little oil spill in the North Sea.
August 22, 2011, 10:14 AM
Royal Dutch Shell has been struggling to contain a 1,300 barrel oil spill in the North Sea. Last week the company reported an oil leak from a flow line at the [...]












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