oil spill louisiana

The recent fire at an oil production platform in the Gulf of Mexico has brought unexpected focus on the platform's owner, Mariner Energy. Here's more on a company that isn't well known outside oil circles.

Will there even be a BP as we now know it? The answers rest on several variables, most notably: continued asset sales, future litigation and efforts to restore the company's now-tattered public image. Its problems are only beginning.

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...

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...

Shakedown or not, the $20 billion fund British Petroleum will compensate Gulf Coast residents from for the spill is going to provide some needed help. While all the details of how it will work aren't yet final, here is a general rundown of what's known so far, what it will and won't provide in...

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

As energy giant BP struggles with one of the worst ecological, financial and PR disasters in recent history, its shares have been royally pummeled. Years of trouble lie ahead, yet there are plenty of reasons why BP may be a good buy.