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- European Commission Accuses Statoil, BP and Shell of Fixing Oil Prices Fri, 24 May 13, 1:30amPhoto via Shutterstock Oil giants make an enormous amount of money, but that doesn't stop them from manipulating the law to yield additional profits. Last week the offices of Statoil, BP, and Shell were raided by officials...
- BP to Pay $4.5 Billion in Damages for Deepwater Horizon Oil Spill in the Gulf of Mexico Fri, 16 Nov 12, 7:16amTwo years after the horrific Deepwater Horizon explosion and massive oil spill in the Gulf of Mexico, the verdict is in for oil giant BP. The company has agreed to pay $4.5 billion in penalties and it pled guilty for felony...