An energy company that invested in the ill-fated Macondo well in the Gulf of Mexico is arguing in court that it should not face steep federal penalties for the 2010 BP oil spill. The government has suggested a penalty of …
Anadarko Petroleum Corp will pay BP Plc $4 billion toward clean-up and victim compensation for the Gulf of Mexico oil spill. The amount is less than BP might have won in court, but it softens the blow of overall spill-related …
BP struck a key victory in its battle to share the cost of the Gulf of Mexico oil spill when partner Mitsui & Co. agreed on Friday to pay $1.1 billion towards the clean-up bill and possibly billions more in …