One of the worst oil rig disasters in the world happened on British shores, as 167 people were killed when the Piper Alpha ...

THE first thing Ed Punchard knew about the explosion on the Piper Alpha oil rig was when the roof of his “bomb proof” office collapsed on his head. The diver, who’d already come close to one ...

A recent BBC documentary series, The Piper Alpha Disaster, introduced a new generation to the precarious nature of rig life - telling the story of the July 1988 tragedy, in which 167 men died on one ...

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 Bureau of Ocean Energy Management on Friday didn’t approve BP’s proposal after outcry from federal lawmakers, ...

A normal day on an oil rig in Mexico turned into a nightmare when an explosion tore through the platform. This documentary ...

One of the worst environmental catastrophes in American history occurred on April 20, 2010, when the Deepwater Horizon oil rig exploded. Operating in the Macondo Prospect, a deep-sea oil reservoir ...

BP's shoddy risk assessment and poor communication played a major role in the explosion of the Deepwater Horizon oil rig and deaths of 11 rig workers last April, a presidential commission says in a ...

How could a single wave destroy one of the most advanced offshore rigs ever built? This documentary explores the 1982 sinking of the Ocean Ranger, the catastrophic chain of failures that followed, and ...

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 ...