Government's Thad Allen says BP 'very close' to stopping oil once and for all. July 12, 2010— -- BP has successfully lowered a new containment cap onto its leaking well, its latest attempt to ...

Most scientists believe that the full effects of the BP oil disaster won't be known for some time. But BP wouldn't be the sort of company that created major oil spills if it didn't leap boldly into ...

The BP oil disaster holds a valuable lesson for investors. June 22, 2010 — -- Investors, take notice. The BP oil spill has taught us once again that no stock is immune from potential disaster. No ...

THIS month 15 years ago, the US government declared the Deepwater Horizon oil well sealed, ending a catastrophic leak that spilled 4.9 million barrels (779 million litres, or 311 Olympic-sized pools’ ...

Last night a judicial panel ruled that litigation stemming from the BP oil disaster will be tried in a New Orleans federal court, a move the oil giant lobbied heavily against for weeks. Plaintiffs' ...

GRAND ISLE, La. — BP said Thursday it plans to increase the amount of oil captured from a ruptured well in the Gulf of Mexico by early next week as the Obama administration announced that the oil ...

Cleanup workers try to scoop up all the toxic globs on Pensacola Beach from the 2010 BP Deepwater Horizon spill. Now BP is back with a new deep water drilling plan. (Photo via Florida Sea Grant) How ...

Independent environmental tester reveals results of samples following Roseland explosion at a town hall meeting ...

From the very beginning of the BP oil spill—when reporters were told that there probably was no oil spill at all—the people in charge have consistently underestimated the size of the spill. After that ...

Ten years after an oil rig explosion killed 11 workers and unleashed an environmental nightmare in the Gulf of Mexico, companies are drilling into deeper and deeper waters, where the payoffs can be ...

The BP oil leak in the Gulf of Mexico is an incalculable tragedy and there is absolutely no silver lining about it. But if there were anything to at least laugh at, bitterly, in this mess, it’s BP CEO ...

Last night, the Gulf of Mexico's Tropical Storm Alex became Hurricane Alex, a Category 1 storm now some 200 miles from Brownsville, Texas. Its projected path shows it making a sharp turn west into ...