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VIDEO: Transocean agrees oil spill fine

2013-01-04 06:13:59| BBC News | Business | UK Edition

Transocean, which owned the Deepwater Horizon oil rig, has agreed to a settlement with the US government.

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Swiss bank to close after US fine

2013-01-04 03:23:44| BBC News | Business | UK Edition

Switzerland's oldest bank, Wegelin, is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes.

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Transocean agrees oil spill fine

2013-01-03 19:30:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: Transocean, which owned the Deepwater Horizon oil rig, has agreed to a settlement with the US government. The Swiss-based company will pay $400m (248m) in criminal penalties and a $1bn civil fine after pleading guilty to violating the Clean Water Act. The rig, which was leased by BP, exploded on 20 April 2010, killing 11 workers. The oil spill damaged the Gulf of Mexico coast causing one of the biggest environmental disasters in US history. In November, BP agreed a settlement with the...

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Transocean agrees oil spill fine

2013-01-03 19:29:30| BBC News | Business | UK Edition

Transocean, which owned the Deepwater Horizon oil rig, agrees a $1.4bn (867m) settlement with the US government for violating the Clean Water Act.

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Federal-Mogul gets hit with small environmental noncompliance fine by Va Deq

2013-01-02 13:44:14| Waste Management - Topix.net

The awfully named Federal-Mogul agreed to pay a $11,600 fine for hazardous waste violations at its auto parts plant in Blacksburg after being cited by the Virginia Department of Environmental Quality .

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