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Coast Guard says more oil being captured in Gulf

Coast Guard says more oil being captured in Gulf

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: Cap gets some Gulf oil, crude still spews

BP: Cap gets some Gulf oil, crude still spews

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 ...

 

An economic disaster looms

Oil threatens to obliterate billions of dollars for the region's fishing and tourism industries.

 

Below is a timeline of the spill and its impact:

Below is a timeline of the spill and its impact:

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 ...

 

BP Readies Next Oil Plug Attempt

BP Readies Next Oil Plug Attempt

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 top kill effort fails to plug Gulf oil leak

BP's top kill effort fails to plug Gulf oil leak

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.

 

Obama to keep drilling moratorium for 6 months: aide

Obama to keep drilling moratorium for 6 months: aide

President Barack Obama will announce on Thursday that a moratorium on deepwater oil drilling will continue for six months while a commission studies the reasons for the Gulf of Mexico spill, a White House aide said.

 

BP readies 'top kill' in attempt to plug gulf spill

Engineers prepare 50,000 pounds of mud and a fleet of robotic subs in first maneuver to outright stop the flow of leaking oil a mile below surface.

 

Gulf Drilling Regulators Let Oil Companies Fill Out Their Own Inspection Reports

Federal regulators responsible for oversight of drilling in the Gulf of Mexico allowed industry officials several years ago to fill in their own inspection reports in pencil -- and then turned them over to the regulators, who traced over them in pen before submitting the reports to the agency, according to an inspector general's report to be released this week.

 

Oil giant BP concedes Gulf spill is bigger than estimated

Oil giant BP conceded Thursday that the Gulf of Mexico oil leak is larger than it originally estimated, adding more worry as portions of the ...

 

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