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 ...

In past disasters, including Hurricane Katrina, the federal government was in charge. But this time, BP - the oil giant that owned the Deepwater Horizon oil rig - has been designated the “responsible ...

Early one morning in March 2010, Captain Gary Jarvis cast a heavyweight line into the Gulf of Mexico from the deck of his 57 foot charter boat, Backdown 2. The sun hadn’t yet risen. But bright white ...

The Deepwater Horizon oil spill that began nearly 15 years ago may have had a larger impact on offshore ecosystems than previously thought, recent research suggests.

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 ...

The explosion of BP’s Deepwater Horizon oil rig in the Gulf of Mexico in 2010 had a deadly effect on at least one ocean dweller: bottlenose dolphins. A new study from the National Oceanic and ...

The Gulf hasn't seen the last of oil drilling. The U.S. has granted a permit for a deep-water oil drill 70 miles off of Louisiana for the first time since BP's rig exploded and devastated the region.

BP has released a report from its internal investigation of the months-long oil spill in the Gulf of Mexico. It concludes by assigning blame to itself but also to several other organizations involved, ...

Just 20 days earlier, the Deepwater Horizon oil rig had exploded, killing 11 people and igniting one of the worst ...

So few people have applied for aid from a $100-million charity BP set up to aid Gulf Coast oil workers that the organization now plans to expand its grant making to aid a range of other workers, the ...

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 ...