oil spill cleanup

Stephen Baldwin has sued fellow actor Kevin Costner over the sale of technology used to help clean the BP oil spill in the Gulf of Mexico. Baldwin says Costner owes him a share of an $18 million deposit that BP made as part of a larger purchase.

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...

Scientists say they found a massive 22-mile long oily plume underwater created by the BP spill. The discovery provides some clues to where the crude has gone as surface slicks shrink and disappear.

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's (BP) ruptured Macondo well will also be temporarily moved, Ret. Coast Guard Adm. Thad...

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.

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 to the Deepwater Horizon Oil Spill in the Gulf of Mexico. BP is on the financial hook for all costs associated with the Gulf oil spill including...

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 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 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.

The controversy over whether BP should pay out a dividend to its shareholders is causing new friction in relations between London and Washington.