oil spill cleanup

BP Will Join Other Oil Giants in Spill Response Group

BP (BP) will join an oil spill response group formed by fellow oil giants Exxon Mobil (XOM), ConocoPhillips (COP), Chevron (CVX) and Royal Dutch Shell (RDS.A). BP will make its underwater well containment equipment and personnel available to the group, called the Marine Well Containment Co., The Washington Post said.

BP Spill Created Giant Underwater Oil Plume

Scientists say they found a massive 22-mile long oily plume underwater created by the BP oil spill. The 1.2-mile-wide, 650-foot-high oily soup provides some clues to where the crude has gone as surface slicks shrink and disappear.

Cleanup Vessels Evacuate Gulf as Tropical Storm Bonnie Nears

U.S. authorities ordered vessels working at the ruptured oil well in the Gulf of Mexico to evacuate the area on Thursday evening as Tropical Storm Bonnie approached. The rig drilling a well to intercept BP%u2019s (BP) ruptured Macondo well will also be temporarily moved, Ret. Coast Guard Adm. Thad Allen said, according to The Wall Street Journal.

Legal Briefing: BP's Partners Will Negotiate on Oil Spill Bills

Mitsui Offshore Exploration and Anadarko Petroleum, BP's partners in the Deepwater Horizon well, now refuse to share in the liability for the Gulf oil spill, saying BP's gross negligence frees them from liability. But before the issue goes to arbitration, they're going to try to talk it out.

Latest BP bill is $99.7 million

The Obama Administration has sent a bill for $99.7 million to BP and other responsible parties to pay for response and recovery operations connected...

Oil Companies Reap Billions in U.S. Tax Breaks

The oil industry is subsidized beyond virtually any other business in America, enjoying tax breaks that average $4 billion a year. The massive tax breaks reaped in BP's disastrous Deepwater Horizon project, which caused the worst offshore oil spill in U.S. history, are typical.

Tropical Storm Alex Threatens the Gulf and Oil-Spill Cleanup

Tropical storm Alex is approaching the Gulf of Mexico, the site of the massive BP oil spill. If the storm hits the oil-spill area, it could delay cleanup for two weeks -- and leave the Deepwater Horizon well uncapped for 14 days, spewing up to 35 million gallons over the period.

BP Used Cheaper, Riskier Well Design More Often

BP used a cheaper and riskier well design in more than one-third of its Gulf of Mexico deepwater wells -- significantly more often than most other big drillers in the area, according to The Wall Street Journal. The same design was used in BP's Deepwater Horizon rig.