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Gulf of Mexico

New Orleans Law Firms Earn $88 Million from BP Oil Spill Lawsuit

Summary: Lawyers involved with the BP Oil Spill litigation will divvy up a huge pot of legal fees.  The 2010…

Record-Setting Settlement for Gulf of Mexico Oil Spill

Summary: BP has been hit with the largest fines in history for penalties to the federal Clean Water Act and…

Halliburton Settles Oil Spill Claims at $1.1 Billion

    Summary: Halliburton oilfield service provider has agreed to pay $1.1 billion to settle claims against them for involvement…

BP Loses Bid to Require Proof of Losses in Spill

British Petroleum (BP) lost a bid to require businesses to provide proof that their economic losses were caused by the…

Settlement in BP Oil Spill Approved by Judge

On Friday, the United States judge issued final approval to BP Plc's settlement with businesses and individuals who suffered money…

Isaac’s Path Ominously Parallels Hurricane Katrina’s

After Katrina, the Gulf of Mexico is hurricane shy. So even though the latest hurricane, Isaac, is only a Category…

Gulf Judges Oil Ties Could Prove Tricky

This weekend saw the first sliver of good news with regards to the Gulf oil spill, as BP announced at…