Transocean Settles to Pay $1.4B for Gulf Oil Spill

By International Business Times,  January 06, 2013, 05:41:12 PM EDT

Transocean Ltd.  agreed to pay as much as $1.4 billion to settle civil and criminal claims over Gulf oil spill in 2010, the U.S. Department of Justice informed on the 3 rd  of January. The offshore driller also conceded that its team was partly liable for the 2010 Deepwater Horizon accident  in the Gulf of Mexico.

Read More on International Business Times




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



Latest News Video

Private Wealth Revives, Managers Face Higher Costs
Private Wealth Revives, Managers Fa...
Private Island on the Thames: $11.7 Million
Private Island on the Thames: $11.7...
Take Control Of Your Wealth
Take Control Of Your Wealth         
How to Avoid Getting Caught Pre-Defection
How to Avoid Getting Caught Pre-Def...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.




Most Active by Volume:

Company Last Sale Change Net / %
S $ 7.065 0.26  3.48%
MU $ 14.04 0.29  2.11%
PFE $ 29.41 0.01  0.03%
BAC $ 13.22 0.05  0.38%
NWSAV $ 15.995 unch
WY $ 27.99 0.25  0.89%
GE $ 24.13 0.20  0.82%
AMD $ 4.14 0.05  1.22%