A federal court in Brazil has issued an order barring 17 executives from U.S. oil giant Chevron and Transocean Ltd. from leaving the country while it mulls criminal charges against them for an oil spill last year.
A federal judge in New Orleans has ruled that Halliburton is not liable for the some of the compensatory damages sought by third parties in the worst oil spill in U.S. history, leaving BP responsible for the majority of those claims.
A federal judge in New Orleans ruled Thursday that Transocean is not liable for Deepwater Horizon compensatory damages sought by third parties in the worst oil spill in U.S. history.
Oil from a small leak in Brazilian waters -- the second in less than two months -- has reached the shores of Rio de Janeiro state, environmental authorities said.
Brazilian federal prosecutors have filed a suit against Chevron and oil rig operator Transocean Ltd for 20 billion reais, about $11 billion, in response to an oil spill in deep water off the coast of Rio de Janeiro last month.
BP is accusing Halliburton of having "intentionally destroyed evidence" related to the explosion aboard an oil rig in the Gulf of Mexico that led to the worst oil spill in U.S. history.
Chevron was fined $28 million for an oil spill off the country's coast and could face further penalties, state media reported on Monday.
BP, Transocean and Halliburton all share responsibility for the deadly explosion that resulted in the April 2010 Gulf of Mexico oil spill, according to the final federal report on the matter released Wednesday.
An internal investigation by Transocean, the owner of the rig that suffered a deadly explosion in the Gulf of Mexico last year, concluded that missteps by BP caused the enormous spill.
A Coast Guard report released Friday criticizes Transocean, the owner of the Gulf of Mexico rig that exploded a year ago, for serious flaws in its safety management system that contributed to the worst oil spill in U.S. history.
A daughter will walk down the aisle this year without her father. A rig survivor still awakens at night and screams. A native American tribe in Louisiana now eats pork, chicken and beans instead of oysters and crab.
CNN's Rob Marciano reports on efforts to track, study, and rehab Gulf wildlife one year after the massive oil spill.
On the first anniversary of an explosion on the Deepwater Horizon offshore drilling platform, which triggered the biggest oil disaster in U.S. history, BP filed suit Wednesday against the manufacturer of the rig platform's blowout preventer.
For some survivors of the Deepwater Horizon disaster, escaping the inferno of the doomed rig made them feel like they'd cheated death.
CNN's Anderson Cooper speaks with the wives of two men who survived the Deepwater Horizon explosion.
For the wife of at least one survivor of the Deepwater Horizon disaster, April 20, 2010 is the day she lost her husband. Meccah Boynton-Brown says although her husband Doug made it off the ill-fated rig, he will never be the same.
Top executives of the company that owned the Deepwater Horizon oil rig announced Tuesday they will donate their safety bonuses to the families of the 11 workers killed in the April 2010 explosion in the Gulf of Mexico.
In 2010, five survivors of the Transocean oil rig explosions recount that terrifying night to CNN's Anderson Cooper.
The owner of the Gulf of Mexico oil rig that exploded last year, killing 11 workers and leading to what has been called the worst oil spill ever, said Monday that calling 2010 its "best year" in safety "may have been insensitive."
Declaring 2010 "the best year in safety performance in our company's history," Transocean Ltd., owner of the Gulf of Mexico oil rig that exploded, killing 11 workers, has awarded its top executives hefty bonuses and raises, according to a recent filing with the U.S. Securities and Exchange Commission.
The oil spill at BP's Deepwater Horizon rig in the Gulf of Mexico was caused by a piece of drill pipe trapped in the platform's blowout preventer, which kept the device from working properly to stop the flow of oil into the Gulf, according to a report issued Wednesday.
The moratorium on deepwater drilling in the Gulf of Mexico in the wake of the Deepwater Horizon oil spill ended back in October of 2010. Since then, the two companies, Ensco and Hornbeck (HOS),that sued the government, fearful of the damage the moratorium could do to their businesses, are poised to recover.
The U.S. corporate tax rate stands at 35%, the highest in the industrialized world. But finding companies that actually pay 35% is another story.
If the government does not take drastic steps, another deepwater oil spill like the BP spill in the Gulf of Mexico could devastate the coastal areas of the United States, an oversight commission warned Tuesday in a long-awaited report to the president.
More than eight months after an oil rig explosion launched the biggest oil disaster in U.S. history, Louisiana officials say they're still finding thick layers of oil along parts of the state's coastline.
Frustrated Plaquemines Parish President Billy Nungesser yells at a Coast Guard commander.
President Barack Obama's commission investigating last year's oil disaster is giving environmental groups hope that some change is on the horizon, but not the full scope of what they're looking for, two groups told CNN Thursday.
"Systemic" problems caused the Deepwater Horizon blowout and subsequent oil spill and only "significant reform" will prevent another, President Barack Obama's commission studying the disaster says in its soon-to-be-released report.
The federal government Wednesday joined the dozens of lawsuits against BP and several other companies over the massive oil spill in the Gulf of Mexico, seeking unlimited penalties against all but one firm.
The Deepwater Horizon lawsuit names 9 defendants that are accused of breaking pollution laws.
The Movement for the Emancipation of the Niger Delta has claimed responsibility for an attack on an oil rig and the kidnapping of seven people.
Workers aboard the Deepwater Horizon were pushing to complete the well at the heart of the Gulf of Mexico oil spill before the disaster, but no "conscious decision" to cut corners on safety has been discovered, a presidential commission reported Monday.
The blown-out well at the heart of the worst oil spill in U.S. history has been cemented shut and is "effectively dead," the federal government's point man for the disaster said Sunday.
Oil company BP shouldered some responsibility for the Gulf of Mexico oil disaster Wednesday after an internal investigation of the spill, but assigned much of the blame to contractors Halliburton and Transocean.
Scientists have found a decline in oxygen levels in the Gulf of Mexico following the BP oil spill but have found no "dead zones" as a result, a federal task force reported Tuesday.
Adm. Thad Allen reveals a new timeline for stopping the oil and how much cleanup the government has left.
If all goes as planned, the "bottom kill" operation to permanently plug the ruptured underwater well in the Gulf of Mexico should be completed by the week after Labor Day, Thad Allen, the government's point man for the oil disaster, told CNN Thursday.
Transocean, the company that owned the ill-fated drilling rig in the Gulf of Mexico, lashed out at well owner BP Thursday, accusing the oil giant of stonewalling the investigation into the Gulf disaster.
The state of Alabama has filed suit against BP, Transocean and others in the Deepwater Horizon oil spill, according to Alabama Attorney General Troy King.
An alarm system on the Deepwater Horizon had been "inhibited" for about a year before the April 20 explosion that killed 11 workers and started the worst oil disaster in the nation's history, the platform's chief electronics technician testified to a federal panel Friday.
Transocean's Chief Engineer says that an alarm system on the Deepwater Horizon rig had been "inhibited" for a year.
CNN's Amber Lyon is flying over the Gulf of Mexico in a blimp that is being used to help with the oil clean up.
A confidential report on safety conditions aboard the Deepwater Horizon oil rig, conducted about one month before the rig's explosion, points to widespread fear of reprisal for reporting employee mistakes that could undermine safety aboard the rig.
Four Transocean workers have refused to appear before the Coast Guard-Interior Department inquiry into the sinking of the Deepwater Horizon drill rig, forcing the panel to cancel a Wednesday hearing into the worst oil spill in U.S. history.
A control unit on the Deepwater Horizon's blowout preventer was leaking hydraulic fluid before the explosion that unleashed the worst oil spill in U.S. history, a BP official testified Tuesday.
From the glamorous to the bizarre to the outright catastrophic, Lloyd's of London has insured against some of the world's most unusual risks: There was the finger that Rolling Stones guitarist Keith Richards injured during a concert tour in the 1990s. Lloyd's once insured actress Bette Davis' waistline against expansion. It also insured Ugly Betty star's America Ferrara's $10 million smile for Aquafresh White Trays.
CNN's Abbie Boudreau investigates how BP's public relations handled a deadly refinery blast in 2005.
BP will continue to pay the costs for the oil spill cleanup and will work out with its drilling partners later who is liable for the costs, a executive for the oil giant told a Senate subcommittee Wednesday.
President Obama announces that BP will put $20 billion into an escrow fund to pay victims of the Gulf oil spill.
Survivors of the rig explosion tell Anderson Cooper about the 11 men who died that day. See the full story tonight at 10.
Stephen and Sara Stone say they never thought their six-month marriage would be tested so soon.
Last week I wrote a short legal primer aimed at answering some key questions surrounding the legal landscape of the BP Gulf Coast oil spill. At the same time, I invited readers to send me their questions, so I could take a stab at those, too. Here goes.
President Barack Obama met at the White House on Thursday with the families of the 11 workers killed in the BP oil rig explosion.
The morning the Deepwater Horizon oil rig exploded, a BP executive and a Transocean official argued over how to proceed with the drilling, rig survivors told CNN's Anderson Cooper in an exclusive interview.
Rig survivors tell CNN's Anderson Cooper that BP ordered a shortcut the day of the blast. Full interview tonight, 10pm ET.
The crew of the drill rig Deepwater Horizon may have been overworked and short of key personnel before the explosion that unleashed the worst oil spill in U.S. history, a leading Democratic congressman suggested Tuesday.
Stocks staged a comeback late Tuesday, with the Dow and S&P 500 rallying near the end of a choppy session, following a surge in commodity and financial shares.
The widows of two men killed on the Deepwater Horizon drill rig urged lawmakers Monday to allow drilling in the Gulf of Mexico to continue, saying the oil industry is a major source of income for families in the region.
BP reported problems controlling the undersea well at the heart of the largest oil spill in U.S. history and won a delay in testing a critical piece of equipment in March, according to documents released Sunday.
Protesters brave the rain in a large showing of frustration and anger over the BP oil spill and response effort.
BP reported problems controlling the undersea well at the heart of the largest oil spill in U.S. history and won a delay in testing a critical piece of equipment in March, according to documents released Sunday.
Victims of the BP rig explosion testify before the U.S. House Judiciary Committee about legal liability issues.
Survivors of the oil rig explosion April 20 that triggered an underwater oil gusher in the Gulf of Mexico, along with the father of a man who died in the blast, urged members of a House committee Thursday to hold Transocean and BP accountable for the incident.
BP's much-anticipated effort to cap it undersea gusher in the Gulf of Mexico was suspended Thursday, BP Chief Operating Officer Doug Suttles said.
Employees on the Deepwater Horizon oil rig that exploded April 20 all had the ability to stop the drilling process at any time but ignored red flags, BP and Transocean executives told lawmakers Thursday.
CNN's Dana Bash explains how politicians are keeping an eye on efforts to stop the oil leak in the Gulf.
As the BP oil spill continues to blacken waters in the Gulf of Mexico and beyond, Lloyd's of London has issued its first estimate of net claims from the disaster.
CNN's Rob Marciano got a first-hand look at the devastated waters off the coast of Louisiana.
BP and Transocean managers had a dispute over drilling plans the day of the explosion that destroyed the oil rig Deepwater Horizon and unleashed a massive oil spill in the Gulf of Mexico, the rig's chief mechanic recounted Wednesday.
Lawmakers tore in to administration officials Tuesday, saying the law that may limit BP's liability for economic damages to $75 million needs to be changed retroactively.
President Obama will sign an executive order establishing a presidential commission to investigate the Gulf of Mexico oil spill, an administration official said Monday.
After a week grilling oil executives over what caused the Gulf of Mexico oil spill, lawmakers are setting their sights on government regulators next week.
BP knew of problems with an offshore well hours before it exploded last month, spilling millions of gallons of oil into the Gulf of Mexico, a House committee chairman said Wednesday.
Oil company BP will attempt to insert a new section of pipe into the riser of its damaged undersea well to capture the gusher of crude now spewing into the Gulf of Mexico, a company spokesman said Thursday.
Executives from BP, Transocean and Halliburton are back in the hot seat Wednesday as a House Energy and Commerce subcommittee questions them about the Gulf Coast oil spill.
CNN's Brian Todd reports on the finger-pointing between three oil industry titans over the Gulf spill.
CNN's Wolf Blitzer asks Interior Secretary Ken Salazar when he thinks the oil spill will end.
As a Senate committee was grilling oil industry executives about the Gulf of Mexico oil spill, experts said there is an opportunity to learn from the catastrophe, but the lessons won't come from Congress.
CNN's Ed Lavandera speaks with the ship captain who brought 115 survivors from the Deepwater Horizon safely to shore.
A "black rain" of drilling fluid and a roar of escaping gas erupted from the doomed Deepwater Horizon shortly before the explosion that sank the oil rig, the captain of a nearby ship testified Tuesday.
The three oil companies primarily involved in the Gulf of Mexico oil spill blamed each other Tuesday for the accident last month that left 11 workers dead and oil still spewing into the Gulf.
Companies involved in the sinking of the offshore drilling rig Deepwater Horizon made "some very major mistakes," Interior Secretary Ken Salazar said Thursday after meeting with executives from the oil company BP.
CNN's John Roberts talks to a BP official about clean-up and containment efforts in the Gulf Coast oil spill.
The Gulf oil spill is going to cost billions to clean up, a tab BP has publicly pledged to pay in full.
CNN's Patrick Oppmann follows a family helping to protect a favorite beach from the oil slick.
The edges of the massive Gulf Coast oil slick grazed the barrier islands off Louisiana's Chandeleur and Breton sounds Tuesday as the company responsible for cleaning up the spill faced tough questions from members of Congress.
BP unleashed a financial and environmental disaster when Deepwater Horizon, the offshore drilling rig it leased from Swiss company Transocean, caught fire and finally sank in Gulf of Mexico on April 24. But BP and Transocean aren't the only oil companies scrambling to clean up after the disaster.
Oil giant BP has a marketing slogan dubbed "Beyond Petroleum." If only that were true. That ad campaign has to rank up there with Toyota's "Moving Forward" motto as the most unintentionally hilarious of the year.
Historian Douglas Brinkley discusses the impact of the oil spill in the Gulf of Mexico.
The estimated amount of oil spilling in an underwater leak from last week's oil rig explosion in the Gulf of Mexico has increased to 5,000 barrels a day, five times more than what was originally believed, a Coast Guard official said late Wednesday.
CNN's Reynolds Wolf flies with the U.S. Coast Guard to get an aerial view of the Gulf Of Mexico oil spill.
Coast Guard officials are considering setting the Gulf of Mexico oil slick on fire as it moved Tuesday to within 20 miles of sensitive ecological areas in the Mississippi River Delta.
Officials are losing hope they will find 11 missing oil rig workers alive. CNN's Ed Lavandera reports.
Transocean Inc., the world's largest offshore driller, said Monday it would buy GlobalSantaFe Corp. for nearly $18 billion, adding shallow-water drilling rigs to its deepwater fleet.
For investors looking for a place to put their money amid the slew of corporate earning reports, two money managers appeared on CNNfn to name some stocks in the drug, oil services and software sectors.
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