Gulf Of Mexico | featured news

BP Plc has delayed by one week the start of a massive trial to decide who should pay for the 2010 Gulf of Mexico oil spill, to allow more time to cut a deal with tens of thousands of businesses and individuals affected by the disaster.

On the cusp of trial over the catastrophic 2010 oil spill in the Gulf of Mexico, phalanxes of lawyers, executives and public officials have spent the waning days in settlement talks. Holed up in small groups inside law offices, war rooms and hotel suites in New Orleans and Washington, they are trying to put a number on what BP and its partners in the doomed Macondo well project should pay to make up for the worst offshore spill in U.S. history.

Masked gunmen blocked traffic on a busy avenue in a Gulf of Mexico coastal city Tuesday and dumped the bodies of 35 slaying victims as horrified motorists watched, authorities said....

A new oil sheen was spotted in the Gulf of Mexico, although energy company BP said Thursday the discovery had nothing to do with its operations and was far from the site of its disaster-hit Macondo well.

Oil companies with off-shore platforms in the Gulf of Mexico are taking precautions amid threatening storm forecasts for the area around Mexico's Yucatan Peninsula, including the chance of a tropical cyclone.

Exxon disclosed oil-and-gas discoveries that it said rank among the largest in the Gulf of Mexico in the past decade.

A year after the worst U.S. offshore oil spill swamped the Gulf coast with petroleum and misery, officials on Wednesday declared the hard-hit region reborn.

In the year since the Gulf oil spill, officials along the coast have gone on a spending spree with BP money, dropping tens of millions of dollars on gadgets, vehicles and gear - much of which had little to do with the cleanup, an Associated Press investigation shows....

Several "preventable human and engineering failures were the immediate causes" of the BP Deepwater Horizon disaster last year, a presidentially appointed commission said in its much-awaited report Tuesday.

The owner of the rig that exploded in the Gulf of Mexico is refusing to honor subpoenas from a federal board that has challenged the company's involvement in monitoring the testing of a key piec...