Oil giant BP said it plans to offset the entire cost of its Gulf of Mexico oil spill against its tax bill, reducing future contributions to U.S. tax coffers by almost $10 billion. Gulf of Mexico - Oil spill - BP - United States - Environment
Key ships stationed over BP's crippled Gulf well were ordered to evacuate Thursday ahead of Tropical Storm Bonnie, but the leaky cap affixed to the well head will stay closed while they are gone. BP - Mexico - Federal government of the United States - Gulf of Mexico - United States
God only knows what will happen to churches and other nonprofit organizations who say they are struggling for survival because of the Gulf oil spill crisis. Oil spill - Environment - Energy - Petroleum in the Environment - Spill Containment and Remediation
The Louisiana federal judge who struck down a six-month ban on deepwater oil drilling has sold many of his energy investments, a financial disclosure report released Friday reveals. Louisiana - Oil spill - Oil well - Energy - Environment
BP Chairman Carl-Henric Svanberg said Friday he will take on a more visible public role as CEO Tony Hayward transitions away from daily responsibility over the company's spill response.
BP's CEO sat grim-faced Thursday as House members accused him of being oblivious to the risks of his company's deep water operations, then testified he was "deeply sorry" for the catastrophic Gulf coast oil spill. Gulf of Mexico - Tony Hayward - BP - Oil spill - Environment
The cost of cleaning the Gulf oil spill and compensating its victims won’t be known for years. But it would have to be an awfully large number to exceed BP's ability to pay.
Providing an update from the White House, Coast Guard Adm. Thad Allen says BP needs to do a better job at paying claims to individuals and businesses impacted by the Gulf oil spill. Tony Hayward - Gulf of Mexico - BP - Chief executive officer - Business
President Barack Obama vowed that if laws were broken in the devastating Gulf oil spill, those responsible would be prosecuted and pledged changes to avert future disasters. Barack Obama - Mississippi - Oil spill - United States - Alabama
That 5,000 barrels a day estimate for the BP spill? It went out the window on Thursday after both BP and the federal government came under fire for sticking to it for nearly a month.
Teams of lawyers from around the nation are mobilizing for legal battles over the massive Gulf Coast oil spill, filing more than two dozen potential class-action lawsuits.
The surface area of a catastrophic Gulf of Mexico oil spill has quickly tripled in size amid growing fears that the slick could become vastly more devastating than it seemed just two days ago. Gulf Coast - Wetland - Oil - Mississippi - United States
