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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 ...

Most scientists believe that the full effects of the BP oil disaster won't be known for some time. But BP wouldn't be the sort of company that created major oil spills if it didn't leap boldly into ...

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 BP oil disaster holds a valuable lesson for investors. June 22, 2010 — -- Investors, take notice. The BP oil spill has taught us once again that no stock is immune from potential disaster. No ...

Some $25 billion is headed to the five Gulf states that were devastated in the 2010 BP oil disaster. Just a fraction of the government fines and court settlements have been paid — but not all of it ...

Ten years after an oil rig explosion killed 11 workers and unleashed an environmental nightmare in the Gulf of Mexico, companies are drilling into deeper and deeper waters, where the payoffs can be ...

The Deepwater Horizon oil spill seems to divide people into two categories: those who can’t forget, and those who refuse to remember. In the first camp are Gulf Coast residents and environmentalists ...

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 ...

Down along the Gulf coast, the beaches look cleaner, the birds less tar-covered, but the longterm consequences of the BP oil spill are leaving their mark under the ocean's surface. Scientists continue ...

Pressure on boss Murray Auchincloss to deliver returns to investors may finally be easing after a recovery in the share price ...

On or about Oct. 4, 2010, after Mix learned that his electronic files were to be collected by a vendor working for BP’s lawyers, Mix allegedly deleted on his iPhone a text string containing more than ...