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Macondo Well

BP Reduces Its Gulf Disaster Bill By Settling With Partner

AP | JANE WARDELL | Posted 07.20.2011 | Business

LONDON — BP has struck a deal to receive around $1 billion from one of its minority partners in the blown-out Gulf of Mexico well, raising hopes...

Preview of Spill Commission Report -- Confirms Weaknesses in Industry, Government

Robert L. Cavnar | Posted 05.25.2011 | Green
Robert L. Cavnar

The presidential oil spill commission's conclusions, though not completely off base, are tainted by politics, lack of industry experience on the panel, and what I believe to be its effort to spread blame, not pinpoint it.

BP's Gulf Well To Be Declared Dead By Sunday

AP | HARRY R. WEBER and MATTHEW DALY | Posted 05.25.2011 | Green

KENNER, La. — The Obama administration moved to head off another catastrophic leak like the BP disaster Wednesday, ordering oil and gas companie...