A Bill that seeks to amend the existing law governing exploration and production of oil and gas as well as delink petroleum operations from mining operations was passed by the Lok Sabha on Wednesday (March 12, 2025). The Oilfields (Regulation and Development) Amendment Bill, 2024, is aimed at boosting investment …
David Rainey accused of obstructing congressional investigation as prosecutors say he misled officials about quantity of oil entering Gulf of Mexico Jury selection began on Monday for the trial of the most senior BP executive charged in connection with 2010’s fatal Deepwater Horizon oil disaster. David Rainey, BP’s former vice …
BP’s attempts to halt any oil spill from planned drilling off South Australia’s coast would depend on transporting recovery equipment from Houston, Texas, internal documents have revealed. In information submitted to the federal government, BP says equipment to cap leaking oil wells is based in Singapore, more than 4,800km away, …
A record dolphin die-off in the northern Gulf of Mexico was caused by the largest oil spill in U.S. history, researchers said on Wednesday, citing a new study that found many of the dolphins died with rare lesions linked to petroleum exposure. Scientists said the study of dead dolphins tissue …
BP Plc (BP.L) has settled with oilfield services provider Halliburton Co (HAL.N) and contract driller Transocean Ltd (RIG.N) cross claims related to the 2010 Gulf of Mexico oil spill, the worst offshore disaster in U.S. history. BP still faces a potential fine of up to $13.7 billion under the U.S. …
Coverage of the BP oil spill back in 2010 began as a sprint, trying to find out who had been killed and injured in the explosion aboard the Deepwater Horizon drilling rig, and how bad the leak might get. It turned into a marathon as at least 134 million gallons …
BP pumped billions of pounds into low-carbon technology and green energy over a number of decades but gradually retired the programme to focus almost exclusively on its fossil fuel business, the Guardian has established. At one stage the company, whose annual general meeting is in London on Thursday, was spending …
The administrator overseeing a BP Plc fund to compensate people and businesses claiming they were harmed by the 2010 Gulf of Mexico oil spill said on Wednesday more than $5 billion has been paid out. A total of $5.037 billion has been paid to 62,162 claimants, the administrator, Patrick Juneau, …
Dutch pension scheme APG was among a group of investors to pledge support on Wednesday to a planned resolution on "climate change resilience" at oil giant BP's upcoming annual general meeting. The shareholder-led resolution, which is supported by the company, calls for more openness around issues such as emissions management, …
It's been almost five years since the Deepwater Horizon oil rig exploding, sending gallons upon gallons of oil into the Gulf of Mexico. Now, scientists have assessed the wildlife in the Gulf, and have found that it's still suffering from the oil spill. "Five years later, wildlife in the Gulf …
British Petroleum is the latest company to pull its membership from the American Legislative Exchange Council (Alec), the oil company announced on Monday. The oil giant is now the second oil and gas company to leave the conservative nonprofit that acts as a conservative lobbying group. BP’s departure follows a …
A federal appeals court upheld a district judge's decision to drop manslaughter charges against two former BP Plc (BP.L) well site managers over their roles in the 2010 Gulf of Mexico oil drilling disaster that killed 11 people. Robert Kaluza and Donald Vidrine were the two highest-ranking supervisors on board …
Global oil giant BP has apologised again and again for the 2010 Gulf of Mexico oil spill. But lately, the company has been sounding less remorseful. Take a look at "The Whole Story." It's a web page operated by the London-based company that regularly addresses what BP calls "misinformation" about …
BP Plc on Monday appealed a federal judge's finding of the size of the 2010 Gulf of Mexico oil spill, which leaves the company potentially liable to pay $13.7 billion in fines. In January, U.S. District Judge Carl Barbier in New Orleans ruled that 3.19 million barrels of oil had …
Anadarko Petroleum Corp. didn’t pay any response or cleanup costs for the 2010 Gulf of Mexico oil spill, a witness for the company told a judge in a trial to determine pollution fines for the disaster. That may undermine Anadarko’s argument that it shouldn’t be fined for the spill, while …
Oil company has sold assets worth more than $40bn to pay for fines and liabilities from the 2010 Deepwater Horizon oil spill BP is selling off a stake in two promising discoveries in the Gulf of Mexico and transferring their operation to a US group in its latest attempt to …
NEW ORLEANS (AP) — Environmental researchers and BP attorneys sparred Wednesday over the potential effects of the 2010 Gulf oil spill in a trial aimed at determining whether the oil giant should be made to pay some $13.7 billion in Clean Water Act penalties. A government witness, Dr. Stanley Rice, …
BP Plc, citing low oil prices, tried to whittle away at $13.7 billion in potential fines under the Clean Water Act on Tuesday as the penalty phase started in its trial over the 2010 Gulf of Mexico oil spill. BP said its fine should be modest as it took extensive …
Five years after the Gulf of Mexico disaster, oil company faces a fine of up to $13.7bn as Judge Carl Barbier begins assessment This Tuesday, close to five years after an explosion on the Deepwater Horizon oil rig claimed 11 lives and poured millions of barrels of oil into the …
BP Plc (BP/) faces a maximum fine of $13.7 billion after a U.S. judge ruled that the company dumped 3.2 million barrels of oil into the Gulf of Mexico in 2010 -- about a quarter less than the U.S. had calculated. The government’s 4.2 million barrel estimate of the spill …
More than 100 Colombian small farmers are taking on oil giant BP in the UK high court on Wednesday in one of the largest cases in environmental legal history. The farmers say the British company Equion Energia, formerly BP Exploration (Colombia) Ltd or BPXC, was negligent in the construction of …
