BP Settles Spill Lawsuits for at Least $7.8 Billion
March 3, 2012
AP / Powered by NewsLook.com
BP agreed late Friday to settle lawsuits brought by more than 100,000 fishermen who lost work, cleanup workers who got sick and others who claimed harm from the oil giant's 2010 Gulf of Mexico disaster.
AP (Mar. 20, 2014) At a news conference in Washington marking the 25th anniversary of the Exxon Valdez oil spill, a group of Alaskan community members, along with oil spill, climate and offshore drilling experts said ... watch video
AP (Mar. 26, 2014) 3-D printers are becoming popular with hobbyists, but experts warn that current copyright laws could leave amateurs open to lawsuits if they create designs that are copyrighted. (March 26)
Video ... watch video
CBC (Dec. 13, 2012) A new study says the cost of cleaning up a major oil spill on the North Coast of B.C. could hit $9.6 billion, wiping out any economic benefits from the Northern Gateway Pipeline project for the ... watch video
AP (Sep. 2, 2014) Halliburton's agreement to pay more than $1 billion to settle numerous claims involving the 2010 BP oil spill could be a way to diminish years of costly litigation. A federal judge still has to ... watch video
Reuters - Business Video Online (Feb. 20, 2015) BP may have to pay $13.7 billion for its role in the 2010 Gulf of Mexico oil spill, after a U.S. judge rejected the company’s attempt to reduce its fine. Hayley Platt reports.
Video provided by ... watch video
TheStreet (July 15, 2014) It is day two of the Farnborough Air Show and jetmakers are raking it in. But some have been winners more than others. Airbus Group has a lead over Boeing after receiving a string of orders which ... watch video
Apr. 24, 2015 Scientists have developed the first liquid nanoscale laser. And it's tunable in real time, meaning you can quickly and simply produce different colors, a unique and useful feature. The laser ... read more
Apr. 24, 2015 Cerium is a widely available and inexpensive rare-earth metal. Scientists have used it to create a high-performance magnet that's similar in performance to traditional dysprosium-containing magnets ... read more
Apr. 24, 2015 Using a novel microscopy technique, scientists revealed a major enhancement of coupling between electric and magnetic dipoles. The discovery could lead to devices for use in computer memory or ... read more
Apr. 24, 2015 Researchers have shown that a laser-generated microplasma in air can be used as a source of broadband terahertz radiation. They demonstrate that an approach for generating terahertz waves using ... read more