by | Nov 28, 2010 | Towing
BP (BP) continues to sell assets in order to cover costs related to the Deepwater Horizon disaster. It is now selling its 60% stake in Pan American Energy in South America. This gives its joint venture partner Bridas Group control of the company.
BP …
by | Nov 10, 2010 | Towing
The U.S. Interior Department has accused the White House of misrepresenting scientists’ views to imply they were in favor of an oil-drilling ban. In actuality, the scientists hadn’t been asked for their opinions on whether the …
by | Nov 8, 2010 | Towing
The lead investigator for the presidential panel’s investigation of April’s Deepwater Horizon oil-spill disaster that killed 11 workers refuted previous reports that the rig’s majority owner BP Plc and contractor Halliburton Co…
by | Nov 4, 2010 | Towing
Seven companies involved in the oil and gas industries will pay the U.S. government a total of $236.5 million to settle corruption charges. An investigation by the SEC and the Justice Department alleges that the companies bribe…
by | Oct 28, 2010 | Towing
A federal commission investigating the BP Deepwater Horizon oil spill disaster, issued a scathing report today, saying BP and its cement contractor Halliburton knew that test results for the cement to be used as a plug for the…