British energy company BP had one of its best years in terms of new exploration despite a reputation damaged by the Gulf of Mexico oil spill, an executive said. A House Republican leader accused ...

The Justice Department and five states on Monday announced a $20 billion final settlement of claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. BP has reached an $18.7 ...

We have all been reading about the blowout that led to huge fire and sinking of the Deepwater Horizon drilling rig in the Gulf of Mexico. Now there is news that there is a huge oil spill coming ...

On the walls of the largest "war room," huge video screens flashed spill maps and response ... term decline in shallow-water oil production. The Gulf of Mexico now accounts for 30 percent of ...

BP could have ended its Gulf of Mexico oil spill sooner if it had built a capping stack before the 2010 blowout of its well off the Louisiana coast, a company executive said under cross ...

1947 in the Gulf of Mexico forty-three miles South of Morgan City, Louisiana,” it says. The first, massive oil spill happened in 1979, when millions of barrels of oil spilled into the ocean ...

The spill affected the shorelines of five states- Texas, Louisiana, Mississippi, Alabama and Florida- crippling the ecosystems and local economies. Oil giant BP has agreed to pay $20bn to settle ...

An curved arrow pointing right. Oil began leaking from a Royal Dutch Shell pipeline in the Gulf of Mexico on May 11th, but it has received a surprisingly low amount of coverage. This is what it ...