Latest Bp Plc Items
In a sweeping move, the government Friday sued 17 financial firms, including the largest U.S. banks, for selling Fannie Mae and Freddie Mac billions of dollars worth of mortgage-backed securities that turned toxic when the housing market collapsed.
The man who oversaw victims' compensation for the Sept. 11 terrorist attacks and the BP PLC oil spill will help Indiana officials decide who gets money donated to help victims of the deadly state fair stage collapse.
A new oil sheen was spotted in the Gulf of Mexico, although energy company BP said Thursday the discovery had nothing to do with its operations and was far from the site of its disaster-hit Macondo well.
President Obama is doing stomach stimulus this week as he eats his way across the Midwest, but exactly a year ago he had more riding on the presidential palate as he ate his way across the Gulf of Mexico coast, trying to revive the region's tourism and seafood industries one shrimp po' boy at a time.
Big energy companies have set up shop to tap the Marcellus Shale, a massive chunk of marine sedimentary rock stretching from the Finger Lakes region of New York as far south as Kentucky and Tennessee, holding within its subterranean grip vast deposits of natural gas.
A provocative documentary screened Tuesday at the Cannes Film Festival argues that the human and environmental devastation of the Gulf of Mexico oil spill has been covered up by authorities eager to return to business as usual.
BP PLC's subsidiary in Alaska has agreed to pay a $25 million civil penalty as part of a settlement for spilling more than 200,000 gallons of crude oil from company pipelines on the North Slope in 2006.
The first nightmare for John and Kathy Struchen, owners of Lanier Sailing Academy in Pensacola, Fla., was the fear of what could happen — tar balls washing up on shore, black sludge invading bay inlets — after the Deepwater Horizon oil rig exploded exactly a year ago off the coast of Louisiana.