Oil Spill to Static Kill: The Saga Continues in the Gulf of Mexico
British Petroleum (NYSE:BP) has won approval from the U.S. government for the latest step to start pumping cement into its damaged Gulf of Mexico oil well and the company is currently in a disagreement over a regulatory filing that could indemnify or limit the liability of a company’s contract from penalties and liabilities other than for contamination resulting from operations controlled by the rig owner on or above the surface of the water.
Continue reading "Oil Spill to Static Kill: The Saga Continues in the Gulf of Mexico"
Thursday, August 5, 2010