Tag Archives: BP

Halliburton Reaches Modest Settlement in Gulf Oil Spill

Halliburton has settled at $1.1 billion in damages to citizens, local governments and businesses that were affected by the 2010 Deepwater Horizon spill. In a statement later on Tuesday, Halliburton said, “An agreement denies liability; it is not an admission … Continue reading

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Mexico’s oil and gas reserves go to international market; prepares for fracking in the gulf

    “After generations of state control, Mexico’s vast oil and gas reserves will soon open for business to the international market. In December 2013, Mexico’s Congress voted to break up the longstanding monopoly held by the state-owned oil giant Petroleos Mexicanos — … Continue reading

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