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Transocean (RIG) Pops Higher on Favorable Deepwater Horizon Settlement

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Anadarko Petroleum (APC) On Watch on Transocean's (RIG) Gulf Spill Settlement

January 3, 2013 12:53 PM EST

Traders have their eyes on Anadarko Petroleum (NYSE: APC) following Transocean's (NYSE: RIG) $1.4 billion settlement with the U.S. Department of Justice (DOJ) regarding the Deepwater Horizon incident.

Analysts said the settlement bodes well for Anadarko's own settlement talks with the DoJ.... More

Transocean (RIG) to Pay $400M in Criminal Plea - Court Filing

January 3, 2013 12:20 PM EST

Transocean (NYSE: RIG) said to pay $400 million to criminal plea, according to a court filing today.... More

Transocean (RIG) Settles With DoJ Over Deepwater Horizon; Will Pay $1.4B

January 3, 2013 11:25 AM EST

(Updated - January 3, 2013 12:36 PM EST)

Shares of Transocean Ltd. (NYSE: RIG) surged mid-day on reports the company is set to announce a settlement in the Deepwater Horizon case.

Transocean is expected to pay fines and penalties of about $1.4 billion in a settlement with the Justice Department over the Deepwater Horizon accident, according to the Wall Street Journal.

Shares of Transocean last traded at $49.05, up 6%.... More

Transocean Ltd. (RIG) to settle Deepwater Horizon dispute with DOJ - WSJ

January 3, 2013 11:20 AM EST

Transocean Ltd. (NYSE: RIG) to settle Deepwater Horizon dispute with DOJ - WSJ... More