The Wall Street Journal reports that federal prosecutors are targeting several Houston-based engineers and at least one supervisor employed by British oil giant BP connected to the 2010 Gulf oil spill.
BP money is expected to pay for restoration projects, which may include building new fishing piers and oyster reefs, or stabilizing bird sanctuaries with rock barriers
President Obama's commission to investigate the Gulf oil spill suggested wide-reaching reforms to avoid another disaster, including new oversight of the offshore-drilling industry.
Justice Department seeks unlimited payments from BP and other companies to cover cleanup costs, economic losses from this year's huge Gulf oil spill. The civil suit alleges safety lapses by BP and others.
Without enough votes, Senate Majority Leader Harry Reid has been forced to abandon a comprehensive energy bill. Gone is any tough climate provision. Will the House buy it?
Gulf oil spill has cost BP nearly half its market value and at least $10 million a day in potential US fines. Can BP CEO Hayward survive those losses?
BP is leading the Gulf oil spill cleanup because it has a majority share in the well. Other companies connected to the Deepwater Horizon operation are helping, but not at their own expense – yet.
In response to the BP oil spill, House Speaker Pelosi called on Friday for lifting a cap on economic damages that firms can face after an oil spill.