As a federal judge prepares to rule on a proposed settlement related to the Gulf of Mexico oil spill, attorneys were in his New Orleans courtroom Friday arguing over how to apply a law passed in response to another disaster 20 years earlier — the Exxon Valdez spill. More »
With several Caribbean countries embracing offshore oil drilling, nations in the region need to step up their ability to combat emergencies stemming from deep-water wells, an industry leader and former U.S. regulator said Friday. More »
Halliburton Co. (HAL) crew members who lost a radioactive rod used in drilling wells in West Texas weren’t guilty of criminal conduct, the Federal Bureau of Investigation said as a hunt for the tool entered a fourth day. More »
The Environmental Protection Agency said gasoline refiners must use 1.28 billion gallons of biodiesel next year, under a program that has been riddled with allegations of fraud in recent months. More »
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