Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook
Man Butt-Dials 911 While Discussing Murder Plans Floridian is charged after slaying »

Oil Rig Owner to Pay $1.4B Over Gulf Spill

Transocean settles with US over Deepwater Horizon disaster

By the Associated Press

Posted Jan 3, 2013 4:40 PM CST

(AP) – The Justice Department reached a $1.4 billion settlement today with Transocean Ltd., the owner of the drilling rig that sank after an explosion killed 11 workers and spawned the massive 2010 oil spill in the Gulf of Mexico. The proposed settlement resolves the department'...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
8 comments
Money • US

 
British Petroleum • Deepwater Horizon • Gulf oil spill • Transocean • US Justice Department

 
NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment   |   NewsOne