Posts Tagged ‘macondo’

Three BP employees charged with manslaughter over Macondo spill

by on November 16, 2012 1:35 pm GMT
Three BP employees charged with manslaughter over Macondo spillBY NELL LUKOSAVICH, Senior EditorHOUSTON – In the days following BP’s record-setting $4.5 billion fine for the 2010 Deepwater Horizon incident, more details are emerging about the three current and former BP employees who now face manslaughter charges.Up until this week,

BP to admit to misconduct in Gulf spill

by on November 15, 2012 4:20 am GMT
The sources, who spoke to Reuters on condition of anonymity, said that BP would plead guilty in exchange for a waiver of future prosecution on the charges.BP and the Justice Department declined to comment, the news wire reported.BP has been locked in months-long negotiations with the US

Transocean sees high bookings, costs for 2013

by on November 5, 2012 5:37 pm GMT
Transocean shares rose 5% after it reported higher-than-expected third-quarter earnings overnight, helped by a sharp rise in revenue efficiency, which measures the revenue generated by its rigs against their total revenue-generating capacity, Reuters reported.Revenue efficiency of continuing operations rose to 94.3% from 92.1% in the

Anadarko posts profit on production rise

by on October 29, 2012 7:04 pm GMT
The Woodlands, Texas-based company reported income of $121 million, or 24 cents per share, for the three months that ended in September. That compared to a loss of $3.05 billion in the 2011 quarter, which came as a result of costs associated with the 2010 blowout of the Macondo well and resulting