Another day, another piece of news about how BP plans to heroically stop the flow of oil from the Deepwater Horizon spill in the Gulf of Mexico. This time around, the oil company is cutting and ...

As BP worked Friday toward plugging its damaged well, a tropical weather system heading for the Gulf of Mexico threatened to halt all operations at the leak site and send oil gushing unabated into the ...

HOUSTON, May 7-- A subsea containment structure was lowered 5,000 ft to the seabed, and oil spill response crews worked May 7 to precisely place the structure over a leaking riser from the collapsed ...

BP which is responsible for the cleanup said Monday the spill has cost it $350 million so far for immediate response, containment efforts, commitments to the Gulf Coast states, and settlements and ...

HOUSTON & PORTSMOUTH, United Kingdom--(BUSINESS WIRE)--HWCG, a deepwater oil and gas emergency response consortium for the US Gulf of Mexico, today announces it has commissioned Magma Global, ...

BP says they have learned from the failures of their past efforts to halt the oil leak at the bottom of the Gulf of Mexico. Today they began executing a new operation they say could contain a majority ...