Offshore Oil Drilling, Bp Oil Spill | featured news

The  cost of cleaning the Gulf oil spill and compensating its victims won’t be known for years.

Government scientists say as many as 40,000 barrels of oil per day have been gushing into the gulf. BP has said the blown-out well will not be plugged before August.

Government scientists said Thursday that as many as 40,000 barrels of oil have been flowing daily from the blown-out BP well, doubling earlier estimates and greatly expanding the scope of what is already the largest spill in U.S.

"According to serious studies, the middle-term survival rate of oil-soaked birds is under 1 percent," says Silvia Gaus, a biologist at the Wattenmeer National Park along the North Sea in the German state of Schleswig-Holstein.

Is President Obama bowing to criticism that he hasn't shown enough emotion and outrage about the Gulf of Mexico oil spill? In an interview with the "Today" show's Matt Lauer on Tuesday morning, the president offered his bluntest response yet about the disaster, telling Lauer he's been talking to experts about "whose ass to kick" when it comes to responsibility for the mess.

The cap on the damaged BP oil well at the bottom of the Gulf of Mexico is now keeping up to 462,000 gallons of oil a day from leaking into the ...

BP reported some oil was flowing up a pipe Friday from a cap it wrestled onto its broken Gulf of Mexico well but crude still spewed and it was ...

April 20, 2010 - Explosion and fire on Transocean Ltd's drilling rig Deepwater Horizon licensed to BP; 11 workers are killed. The rig was drilling in BP's Macondo project 42 miles southeast of Venice, Louisiana, beneath about 5000 feet of water and ...

President Barack Obama will meet with the leaders of a panel he created to probe the worst oil spill in U.S. history on Tuesday, as a giant slick from BP's blown-out Gulf of Mexico well poses a new threat to the coasts of Mississippi and Alabama.

Robot submarines carried equipment and cut small pipes at the bottom of the Gulf of Mexico on Monday to prepare to place a new containment valve over the blown-out well this week, while BP crews began working on yet another containment plan that could be added after the cut-and-cap effort.

BP's attempt to plug the Gulf oil leak with mud and cement has failed, yet another setback in the company's attempt to stop the crude from further fouling waters, wildlife and marshland.