Oil Spill, Bp Oil Spill | featured news

Shares in oil major BP hit a six-month high on Tuesday after The Daily Mail newspaper reported rival Royal Dutch Shell had considered a takeover bid during the Gulf of Mexico oil spill.

The Department of Justice filed a civil lawsuit against nine companies over the oil spill in the Gulf of Mexico.

So many people love Justin Bieber. They love him so much, that this year Twitter changed the way it counts its most tweeted-about topics to effectively exclude him....

The oil disaster in the Gulf of Mexico was the most searched term on Yahoo in 2010, the search engine said Wednesday.

BP and its chief subcontractors, Halliburton and Transocean, made decisions that increased the chances of a catastrophic blowout, a team of experts said.

BP Chief Executive Bob Dudley accused some politicians and the media on Monday of being too hasty to pin all the blame on his company for the devastating Gulf of Mexico spill - and emphasized the need for deep-water drilling.

Months after the nation’s worst oil disaster, the Obama administration will lift its moratorium on deep-water drilling in the Gulf of Mexico, the White House announced Tuesday morning.

Oil giant BP PLC said in an internal report posted on its website Wednesday morning that multiple companies and work teams contributed to the massive Gulf of Mexico spill that fouled waters and shorelines for months.

With the replacement of the failed blowout preventer and a cement plug in place, the well's seal is almost permanent, the federal spill response chief says. The final step will be to plug the well from the bottom.

A critical device at the center of an investigation into the Gulf oil rig explosion didn't undergo a rigorous recertification process in 2005 as required, a worker told investigators Wednesday.