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(Image from article: "BP sues rig owner for $40B; blames it for disaster")

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BP sues rig owner for $40B; blames it for disaster

BP on Wednesday sued the maker of the device that failed to stop last year's calamitous Gulf oil spill and the owner of the rig that exploded, alleging that negligence by both helped cause the disaster.

Texas: Attorney General Sues Over Drilling Moratorium

The Texas attorney general sued the Obama administration on Wednesday over its new deepwater offshore drilling moratorium, claiming that it is unjustified and that federal officials did not contact the state before issuing the ban.

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