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Transocean agrees to pay $1.4bn for Gulf oil disaster

2013-01-04 01:00:00| Offshore Technology

Switzerland-based offshore drilling company Transocean has reached an agreement with the US Department of Justice to pay $1.4bn to settle all civil and criminal claims relating to the 2010 Deepwater Horizon accident in the Gulf of Mexico.

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Google agrees to not abuse mobile patents, search ads, or search results

2013-01-03 19:46:52| InfoWorld: Top News

To head off further investigation by the Federal Trade Commission and risk penalties from a negative finding, Google today agreed to change some of its business practices to resolve FTC concerns around practices the commission thought could stifle competition for smartphones, tablets, and gaming consoles, as well as for online search advertising.

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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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Spain agrees Parador hotels cuts

2013-01-03 17:40:38| BBC News | Business | UK Edition

The Spanish government reaches agreement with unions about job losses and closures of its chain of hotels in converted castles, mansions and monasteries.

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