Oil spill

US court reaffirms BP is liable in Gulf oil spill

A federal appeals court panel has reaffirmed its ruling that BP is liable for federal Clean Water Act damages stemming from the 2010 Gulf of Mexico oil spill, the latest loss for the oil giant as it fights court decisions that could ultimately bring USD 18 billion in penalties.

Nov 07, 2014, 05:16 AM IST

Two million barrels of oil on ocean floor after BP spill

Around two million barrels of oil from the BP spill off the US Gulf Coast in 2010 is believed to have settled on the ocean floor, according to a study Monday.

Oct 28, 2014, 00:43 AM IST