In June 2000, the oil giant issued a "notice of default" to Transocean, the operator of the rig that blew up last month. The dispute was over problems with a blowout preventer, a set of iron slabs that should close out-of-control wells. It failed on the Gulf of Mexico rig, triggering the explosion and oil spill.
BP's past problems with the preventer emerged as a giant oil slick, fed by the uncapped well, began lapping the coast of Louisiana, threatening to create America's worst environmental disaster since the Exxon Valdez oil spill in 1989.
US oil and natural gas wells, pipelines and compressors are spewing three times the amount of...
Russian troops have occupied the eastern Ukrainian town of Avdiivka after a months-long assault that wore...
Senate Majority Leader Chuck Schumer is calling for new elections in Israel, describing Prime Minister Benjamin...
