The Obama administration told Transocean Ltd. in a letter last week it was “simply unconscionable” for the drilling firm to...
National News
Oil from BP’s out-of-control Gulf of Mexico oil spill could threaten the Mississippi and Alabama coasts this week, U.S. forecasters...
Two workers injured when an oil rig exploded in the Gulf of Mexico told Congress that the companies in charge...
Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on the operating insurance companies of...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-”...
A.M. Best Co. has downgraded the financial strength rating to ‘A’ (Excellent) from’ A+’ (Superior) and issuer credit ratings to...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a”...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a”...
The flow of oil and gas from the broken well in the Gulf of Mexico has been stopped by pumping...
Hurricanes could rupture underwater oil and natural gas pipelines in the Gulf of Mexico, which is already struggling with the...