A day of reckoning arrived for British Petroleum on Thursday as the oil giant agreed to plead guilty to a raft of charges in the deadly Gulf of Mexico spill and pay a record $4.5 billion, including th

The Justice Department said on Tuesday it filed the first criminal charges in the Deepwater Horizon disaster in the Gulf of Mexico, accusing a former BP engineer of destroying evidence. Kurt Mix, of K

An Indian company that dismantles old ships has bought the Exxon Valdez, the tanker involved in one of the worst oil spills in U.S. history.

Best Oasis official Gaurav Mehta says his company recently

BP said on Friday it reached a $7.8 billion deal to settle claims from fishermen and other private claimants affected by the Gulf of Mexico oil spill ahead of the start of a blockbuster US trial.

The

Tens of billions of dollars will be at stake when BP heads to a US court on February to determine how much it owes for the massive Gulf of Mexico oil spill and how much it can shift to subcontractors.

Palm oil from a sinking barge, which collided with a rock, spilled into the sea affecting coastal area between Nagapattinam and Vailankanni on Wednesday, police said.

The barge "World Bridge, carryin

More than 2,600 barrels of oil may have spilled into the Atlantic ocean because of a leak at an offshore Chevron drilling site, Brazil's environmental protection agency said.

Officials think 200 to 3

Much before the disastrous oil spill in the Gulf of Mexico, British Petroleum (BP) was subject to a probe that found that new staff at an oil rig in the North Sea were not trained to "basic safety sta

After reviewing the country's preparedness to handle oil spills, the ministry of shipping has decided to outsource all future clean-up operations to global agencies with expertise in the area.

"We a

New Delhi, Aug. 17: The Centre on Tuesday assured compensation to those affected by the oil spill resulting from the collision of the two ships off Mumbai coast early this month maintaining that “poll