Despite findings of a federal investigation highlighting Haliburton Co.’s alleged role in the BP oil spill in April, the company will likely avoid additional liability in the accident, according to analysts and legal experts.
On Friday, the U.S. House of Representatives passed a bill to impose new safety regulations on the offshore oil-drilling industry in light the recent oil spill in the Gulf of Mexico caused by the explosion of a drilling rig.
Iran has offered to assist President Barack Obama in dealing with the massive Gulf of Mexico oil spill, the response to which many Americans say has not been swift and adequate enough on part of the Obama Administration.
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