Chevron and the plaintiffs have both vowed to appeal the Ecuadorean court ruling, with the US oil company calling it 'illegitimate and unenforceable' and the plaintiffs saying the damages award is far too little.
Stricter deep-water drilling regulations mean Gulf Coast waters are likely to yield less oil this year. Energy firms may shift attention abroad.
Stock market loses 142 points after North, South Korea exchange fire and Federal Reserve lowers growth outlook.
Halliburton may have been aware of problems with the cement used on the Deepwater Horizon before a major explosion that led to the worst oil spill in US history.
Jacobite Highlander reenactors charge towards photographers during a media event for the forthcoming Battle of Prestonpans reenactment, in Prestonpans, Scotland, on Tuesday. The battle took place in 1745 where Bonnie Prince Charlie (Prince Charles Edward Stuart) and his army of Jacobite Highlanders defeated the British government troops led by Sir John Cope.
Leaders from Iran and Cambodia met this month in their most senior exchange to date. Some say it is a sign that Iran sanctions are pushing Tehran to develop new trade partners.
The Cajun culture has a rich tradition with deep ties to the Louisiana bayous. But the BP oil spill's impact on the economy and the environment is straining those ties.
Several efforts are afoot to harness the potential of social media for aid organizations and similar groups. The idea is to efficiently get help to people who need it.
Activists who pressured Western companies to boycott Burma (Myanmar) are now preparing to battle Asian firms eager for Burma’s oil and gas.