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NOAA chief says she will leave in February
The woman who was a key figure in the federal government's response to the oil spill in the Gulf of Mexico in 2010 said Wednesday she will leave her ...
Global corporate deals nearly halved in 5 years
The value of mergers and acquisitions deals around the world in 2012 was nearly half the amount made five years ago, when the financial crisis first ...
Rosneft buys other half of TNK-BP for $28 billion
Rosneft has signed an agreement to purchase 50 percent in Russia's third-largest oil producer TNK-BP for $28 billion, having earlier acquired the ...
Jan. date to rule on BP $4.5B plea deal over spill
A federal judge will decide next month whether to accept a plea deal that calls for BP PLC to pay a record $4.5 billion in penalties for its role in ...
APNewsBreak: Feds funnel millions into Gulf Coast
Days before a newly formed council focuses on long-term Gulf of Mexico cleanup, a report released to The Associated Press shows that one federal ...
3 BP employees arraigned on Gulf oil spill charges
Two BP rig supervisors and a former BP executive pleaded not guilty Wednesday to criminal charges stemming from the deadly Deepwater Horizon rig ...
BP barred from new US gov't contracts, land leases
The Obama administration put a stop to new federal contracts with BP on Wednesday, admonishing the British oil company for a "lack of business ...
Abu Dhabi-controlled TAQA buys BP North Sea assets
British oil company BP is selling its interests in some North Sea oil and gas fields to TAQA, a company controlled by Abu Dhabi Water and Electricity ...
BP appoints Lamar McKay as head of upstream
BP says it has appointed Lamar McKay, the head of its U.S. division, as chief executive of the company's upstream business, leading the company's oil ...
Drivers pay more for gas, but still give thanks
Many drivers are giving more at the pump than a year ago but they still have reason to be thankful. Prices in many parts of the country have fallen ...
2 workers shoulder blame for 2010 BP oil disaster
The manslaughter charges brought against two relatively low-ranking BP rig workers in the deadly Gulf of Mexico disaster may be as far as federal ...
Correction: Gulf Rig Fire story
In a story Nov. 17 about an oil platform fire in the Gulf of Mexico, The Associated Press erroneously described the Bureau of Safety and Environmental ...
Coast Guard searches for 2 after oil platform fire
Two oil workers remained lost at sea Saturday, a day after a torch being used to cut an oil pipe ignited a blaze that severely burned four others ...
BP steadily moving beyond Gulf spill disaster
BP's $4.5 billion settlement of federal criminal charges announced Thursday is a record amount, and a significant sum of money. Or, looked at another ...
Defense lawyers say BP rig workers are scapegoats
While BP has resolved a sweeping criminal probe of its role in the massive 2010 oil spill in the Gulf of Mexico, two company employees charged in the ...
BP agrees to pay $4.5B; 3 employees charged
A day of reckoning arrived for BP on Thursday as the oil giant agreed to plead guilty to a raft of charges in the deadly Gulf of Mexico spill and pay ...
AP PHOTOS: Impacts of the Gulf oil spill
BP has agreed to pay a $4.5 billion settlement with the U.S. government over the 2010 oil spill in the Gulf of Mexico. BP's Deepwater Horizon rig, 50 ...
US AG sets news conference on BP spill settlement
U.S. Attorney General Eric Holder will speak in New Orleans about the government's $4.5 billion settlement with BP over the massive 2010 oil spill in ...
BP, AAR settle all disputes from TNK-BP
British oil company BP and its Russian partner AAR say they have settled all disputes between them as both prepare to sell their stakes in their ...
Iraq official: Exxon seeks exit deal this year
Exxon Mobil expects to reach a deal by year's end to sell its stake in a major oil field in southern Iraq, an Iraqi official said Friday.
Federal judge urged to approve BP settlement
BP and attorneys for businesses and people who lost money in the Gulf oil spill urged a federal judge Thursday to give his final approval to a ...
Malaysia firm says high-tech farms can help poor
For one Malaysian widow, moving to this experimental farming village represented hope for a brighter future for her seven children. Her new neighbor, ...
Russia's Rosneft sees Q3 profit double
Russia's largest oil company Rosneft said Thursday that it doubled its profit in the third quarter of the year thanks to strong sales and higher oil ...