bp oil spill News

Just recently, a US District Judge approved a settlement in which British Petroleum is paying out $7.8 billion dollars to anybody that agreed to settle.

Asides from having to pay out $4.5 billion, BP has something else to deal with: a ban from the EPA from pursuing new contracts with the federal government.

The International Energy Agency (IEA) says that the US could be energy independent in a few decades; but, that is met with skepticism as others give differing views and reasons.

The British oil company, BP, and the United States Department of Justice (DoJ) and Securities & Exchange Commission (SEC), have reached a settlement agreement for the 2010 Deepwater Horizon oil spill that devastated much of the gulf coast.

New Orleans - A jury has rejected actor Stephen Baldwin's claims that actor Kevin Costner duped him into prematurely selling shares of a company that received a $52 million contract after the 2010 BP oil spill, TMZ reports.

Two years after the BP oil spill in the Gulf of Mexico, shrimp and fish are turning up deformed and with lesions. Shrimping has now been halted.

BP released a statement to NewsCore that they have come to an agreement with those affected by the Gulf Oil Spill, which began with an explosion from the Deepwater Horizon nearly two years ago on April 20, 2010.

The GOP has executed the largest transfer of wealth in U.S. history. Due to unfair tax schemes and an obsession for selling out to corporations while hobbling the middle class, the U.S. has record numbers of billionaires and people living in poverty.

Tucson - BP's catastrophe last year in the Gulf of Mexico that spilled more than 205 million gallons of oil into the ocean's waters, the result of fundamental dangers not being addressed, has led to a new report calling for an end to all new offshore drilling.

Washington - A new study on the Gulf of Mexico's coastal wetlands and wildlife a year after BP's Deepwater Horizon debacle suggests some wildlife species are recovering while others are in an imperiled state, with recoveries dependent on decisive action.