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Government's Thad Allen says BP 'very close' to stopping oil once and for all. July 12, 2010— -- BP has successfully lowered a new containment cap onto its leaking well, its latest attempt to ...

Amid cautious optimism that a "top kill" effort to cap the leaking well causing the Gulf oil spill is working, President Obama banned new offshore drilling Thursday until further notice.

The effects of the chemicals used to contain the BP oil spill worry scientists. July 9, 2012— -- Two years ago this week, the wellhead that ruptured on the sea floor of the Gulf of Mexico, ...

NEW ORLEANS (AP) -- Kevin Costner said his reputation was at stake as he defended himself against accusations that he cheated fellow actor Stephen Baldwin out of millions of dollars in a lucrative BP ...

If approved, BP aims to begin drilling in the Kaskida project in 2029 using high-pressure technology that could harvest up to ...

Halliburton will pay $1.1 billion for its part in the 2010 oil spill in the Gulf of Mexico. The Houston-based contracting company has been embroiled in multiple lawsuits, from BP and local residents, ...

As expected, BP announced this morning that human whipping boy Tony Hayward will be stepping down as CEO, to be replaced in October by the American Bob Dudley. Hayward will be nominated as a ...

Federal and state authorities are cleaning up an oil spill in the Port of Galveston after a ship collided with a pier late ...