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BP Suing Other Oil Spill Firms?

Business owners affected by the BP oil spill in the Gulf of Mexico may be required to transfer their right to sue other defendants to the company if they want…

BP Profit Rose as Oil Spill Charges Went Up

British Petroleum (BP) announced on Tuesday that the cost of the oil spill in the Gulf of Mexico rose up to $40bn. BP was the top oil company not controlled…

Oil Workers from the Gulf Thankful as Ban is Lifted, but Still Wary

The government lifted the ban on offshore deepwater drilling on Wednesday. This brought calm among U.S. workers from the Gulf of Mexico, but many of them stated that they were…

EU Energy Chief to Temporarily Ban Deepwater Drilling

Oil deepwater drilling is set to be banned temporarily due to the pending investigation on the cause of BP’s spill in the Gulf of Mexico. The drilling is set to…