Oil Rig Owner to Pay $1.4B Over Gulf Spill

Transocean settles with US over Deepwater Horizon disaster

By Newser Editors and Wire Services

Posted Jan 3, 2013 4:40 PM CST

(Newser) – 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 »


NEWS FROM OUR PARTNERS
Other Sites We Like:   The Street   |   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   World History Project   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment