Just after mainstream financial news outlets reported that BP p.l.c. is close to a settlement for the 2010 Deepwater Horizon explosion that killed 11 workers and caused the worst oil spill in U.S. history, there is more bad news for BP that could cause its fine to soar tens of billions of dollars.
As if British Petroleum didn't have enough trouble with its Gulf Coast damage settlement, Norwegian authorities are investigating a "substantial" oil and gas leak off the coast of Norway.
NEW ORLEANS (AP) ā A federal judge ruled Wednesday that BP PLC and one of its minority partners in the blown-out Macondo well are liable for civil p...
ANCHORAGE, Alaska (AP) -- BP PLC has closed a small portion of the Prudhoe Bay oil field following a judge's ruling that federal regulators didn't get...
The last Saturday night in September, Timothy Farris shut down his Godfather's Pizza restaurant here in this small Gulf Coast beach town, a victim, he...
NEW ORLEANS (Associated Press) - The image of thick crude gushing from a blown-out oil well a mile beneath the Gulf of Mexico was turned off when a ti...
WASHINGTON (Associated Press) - The deepwater drilling moratorium in the Gulf of Mexico costs at least 23,000 jobs, according to a federal document th...
While officials claim most of the oil from America's worst-ever spill has disappeared, fishermen hired by BP are still finding tar balls--and being in...
A group of scientists say that most of that BP oil the government claimed was gone from the Gulf of Mexico is actually still there.
The scientists be...
THERIOT, La. (Associated Press) - Docked boats were bedecked with fluttering red, white and blue streamers and rainbows of balloons in a bayou-country...
Obama administration officials promised Sunday to remain focused on the Gulf Coast -- punishing BP for the worst oil spill in U.S. history, and cleani...
For 15 years, Dan Peterson worked as a cook on oil rigs off the coast of Louisiana. During much of that time Peterson lived on Grand Isle, the barrier...
ON THE GULF OF MEXICO (Associated Press) - Mud that was forced down a blown-out well was holding down the flow of oil at the bottom of the Gulf of Mex...
NEW ORLEANS (Associated Press) - The only thing keeping millions more gallons of oil out of the Gulf of Mexico right now is a rush job: an experimenta...
NEW ORLEANS (Associated Press) - The government's point man for the Gulf spill plans to meet with coastal parish officials Thursday to talk about what...
LONDON (Associated Press) - BP PLC said Monday that "no final decision" has been made about management changes, which reportedly include the departure...
NEW ORLEANS (Associated Press) -- A federal judge who overturned the Obama administration's initial six-month moratorium on deepwater oil drilling has...