Transocean owned the Deepwater Horizon rig that was drilling for BP PLC at its Macondo well, about 50 miles off the Louisiana coast when an explosion killed 11 workers and led to the nation's worst offshore oil spill. Transocean officials did not immediately respond to messages seeking comment.» Read More
A U.S. judge accepted an agreement by BP to plead guilty for its role in the Deepwater Horizon disaster and pay a record $4 billion in criminal penalties for the worst offshore oil spill in U.S. history.
Light snow expected next week in crop growing areas of the United States will provide only minor relief from the worst drought in more than 50 years, an agricultural meteorologist said Friday.
A Shell oil drilling rig grounded off an Alaska island since a New Years Eve storm has suffered damage from waves and flooding but has spilled none of the 155,000 gallons of fuel and other oil products aboard, officials managing the incident said on Thursday.
CNBC's Gary Kaminsky travels to Long Island and talks with Jerry Green, Tennessee utility worker about the devastation left in the wake of Hurricane Sandy.
Discussing what the markets can do to better prepare for unexpected disasters, with Bart Chilton, CFTC commissioner.
Rep. Frank Pallone, (D-NJ), discusses how two major storms impacted the state's $35.5 billion tourism industry.
"We're going to show the world why New York is indeed the greatest city on earth," said Kenneth Langone, Chairman and President of Invemed Associates, discussing how New Yorkers came together to help each other after Hurricane Sandy.
CNBC's Kate Kelly reports on restoring the fuel supply in New Jersey; and John Eichberger, National Association of Convenience Stores, discusses the drop in oil prices, as tempers flare on long lines at gas pumps.
When it comes to insurance claims, Hurricane Sandy is one for the record books. CNBC's Mary Thompson reports on how much of the losses are covered by insurance.
CNBC's Jackie DeAngelis has the latest facts and figures in the aftermath of Super Storm Sandy.
CNBC's Kate Kelly reports storage facilities that gather and distribute gasoline and jet fuels are handicapped by flooding and power shortages.
Staten Island is one of the hardest hit by Hurricane Sandy. NBC's Richard Lui reports on the extensive damage to New York City's "forgotten" borough.
CNBC's Courtney Reagan has the update on travel and transit backups resulting from damage left by Superstorm Sandy, and a look at the growing problem of food shortages in New York and New Jersey, with CNBC's Jackie DeAngelis.
David Cordani, President & CEO of Cigna, discusses his company's earnings and the outlook on the rest of the health insurers after the presidential election.
CNBC's Courtney Reagan has the update on the impact of Superstorm Sandy.
CNBC's Courtney Reagan reports the latest statistics on when customers can expect power to return to some New York and New Jersey areas.
New York City Mayor Michael Bloomberg, (R), explains how the city is responding to recovery requests in and around the city.
Alfonso Quiroz, Con Edison spokesman, discusses when customers can expect to get power returned to their homes.
CNBC's Scott Cohn reports it's back to business as usual on Wall Street but life is anything but normal for the surrounding neighborhood.
Kirk Kinsell, IHG Americas president, explain why deteriorating conditions in parts of New York City are causing some big name hotels to close.