gulf of mexico

  • BP sues U.S. government over contract ban

    Frequent litigation target BP is turning the tables by filing its own suit against the U.S. government.

  • Shell’s exploratory drilling mission in the Gulf of Mexico can continue

    One would think that after the Deepwater Horizon spill and all of the ensuing litigation, courts might be a little wary of authorizing exploratory drilling missions in the Gulf of Mexico.

  • BP may pay up to $25 billion in oil spill settlement

    The rumor mill is a-churnin’, and the story it has spun for us today is that BP will likely agree to a $20 billion to $25 billion settlement with the Department of Justice (DOJ) over civil and criminal charges that resulted from the Deepwater Horizon oil spill in the Gulf...

  • Transocean lobs legal bomb at BP

    When not drilling for oil, Transocean Ltd. also is effective at boring into its legal adversaries. The Swiss drilling rig owner yesterday filed a motion for summary judgment in the U.S. District Court for the Eastern District of Louisiana looking to put the screws to BP Plc, forcing the petroleum...

  • Fines on horizon for BP, Transocean and Halliburton

    Yesterday U.S. offshore-drilling regulators issued citations against BP and two of its contractors—Transocean Ltd. and Halliburton Co.—for violating drilling regulations that led to last year’s Deepwater Horizon oil spill. The citations likely will lead to hefty fines for the companies.

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