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

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.

 

Oil rig explodes off La. coast

Oil rig explodes off La. coast

An offshore oil rig has exploded in the Gulf of Mexico, west of the site of the April blast that caused a massive oil spill.

Senh: Uh oh. Here we go again. let's see how fast this gets taken care of.

 

Oil Slick Triples in Size, Fast

Oil Slick Triples in Size, Fast

Satellite images show Gulf spill has grown tremendously in a couple days as rough seas thwart cleanup effort.

 

Obama assures Gulf residents federal help is coming

Obama assures Gulf residents federal help is coming

President Obama on Friday sought to reassure Gulf communities that the federal government is committed to helping them deal with the massive oil slick working its way to shore.

 

White House: No new offshore drilling for now

Administration wants investigations into a rig explosion in the Gulf of Mexico to be completed before any expansion of offshore oil drilling.

 

BP CEO says will pay oil spill claims

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.

 

Oil from massive spill reaching Louisiana coast

Oil from massive spill reaching Louisiana coast

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

 

U.S.: Five times more oil leaking

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

 

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