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BP and the U.S. government, having shifted their positions several times about the amount of oil that flowed from a runaway Gulf of Mexico well in 2010, pivot back to court this week, with both sides hoping to convince a judge they now have the number right.
Fresh off a number of major asset sales, Houston-based exploration and production firm Apache Corp. is shuffling its executive ranks.
BP renewed its request Monday that a federal judge temporarily suspend all payments from its multi-billion dollar Gulf oil spill settlement.
Moments after Halliburton pleaded guilty to spill charges, the Justice Department revealed it’s charged a former company manager with destroying evidence.
Nearly three-and-a-half years after a deadly rig explosion and massive oil spill in the Gulf of Mexico, the company that supplied the cement for the well that blew out pleaded guilty to a misdemeanor criminal charge in the case.
Federal prosecutors defended Wednesday the legality of obstruction of justice charges against a former BP engineer in connection with the investigation of the 2010 Gulf of Mexico oil spill.
The oil field services company’s day of reckoning finally comes Thursday, not for conduct leading up to the disaster but rather what it did afterward: destroying what the government regarded as evidence.
Developed nations are picking up the slack for global economic growth, a reversal of past years in which emerging markets led the way, the chief economist of research firm IHS said at a conference Tuesday that included oil and gas industry leaders.
A federal judge Friday ordered a five-month trial delay in the case of two BP rig supervisors charged with manslaughter in the deaths of 11 workers who were killed when an undersea well owned by the British oil giant blew out in the Gulf of Mexico in 2010.
The chief financial officer of Swiss oil field services firm Weatherford International has left the company.