Oil Rig | featured news

BP Plc will clean up an oil spill from one of its wells in the Gulf of Mexico and compensate those affected, its chief executive said, accepting that the disaster could hit plans to open new areas off the U.S. coast to drilling.

A spill that threatens to eclipse even the Exxon Valdez disaster begins washing ashore along the Gulf Coast, reaching the Mississippi River delta.

New estimates show 5,000 barrels of oil a day could be spilling out of remains of offshore rig.

As a sunken rig continues to spew 42,000 gallons of oil a day off the Louisiana coast, health and fishing industry experts say seafood will remain safe to eat.

Coast Guard discovers oil seeping from the damaged well that fed a massive rig that exploded off Louisiana's coast.