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A drilling rig is seen in the Gulf of Mexico. (credit: Mario Tama/Getty Images)

Blowout May Tip Focus To Shallow-Water Drilling

Last week’s blowout on a natural gas rig off the Louisiana coast could shift regulators’ focus to shallow-water drilling and make an overhaul of safety equipment regulations more likely.

07/31/2013

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BP Executive Defends Gulf Oil Spill Report

The BP executive who led the company’s probe of the Deepwater Horizon rig explosion defended the contents of his team’s report on the disaster in his testimony Monday for a trial over the 2010 oil spill in the Gulf of Mexico.

03/04/2013

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BP Executive Back On Stand In Oil Spill Trial

A BP executive who led the company’s internal probe of its 2010 blowout in the Gulf of Mexico is expected back on the stand for another day of testimony.

02/28/2013

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BP Executive To Resume Oil Spill Testimony

The first BP executive to testify at a trial over the nation’s worst oil spill is set to take the stand for a second day on Wednesday to discuss the 2010 disaster in the Gulf of Mexico.

02/27/2013

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Trial Resumes Over 2010 Gulf Oil Spill

An engineer who played a prominent role in investigating levee breeches in New Orleans after Hurricane Katrina is scheduled to be the first witness on Tuesday at the trial.

02/26/2013

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Judge Approves BP Gulf Spill Settlement

A judge approved an agreement for BP to plead guilty and pay a record $4 billion in criminal penalties for the company’s role in the 2010 oil disaster in the Gulf of Mexico.

01/29/2013

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BP Settlement Payments Top $1 Billion

Businesses and individuals who claim BP’s oil spill in the Gulf of Mexico cost them money have been paid more than $1 billion through the company’s class action settlement.

01/10/2013

A crane stands along a Gulf of Mexico coast beach at dawn. (credit: Mario Tama/Getty Images)

Transocean’s Oil Spill Deal Will Help Gulf

A settlement between the Justice Department and Transocean will pump dollars into projects designed to help the Gulf Coast recover from the nation’s largest offshore oil spill.

01/04/2013

Coast Guard Attempts Burning Off Oil Leaking From Sunken Rig

Feds, Transocean Reach $1.4B Deal Over Gulf Spill

The Justice Department has reached a $1.4 billion settlement with Transocean Ltd., the owner of the drilling rig that sank after an explosion killed 11 workers and spawned the massive 2010 oil spill in the Gulf of Mexico.

01/03/2013

In this, provided be the U.S. Coast Guard, fire boat response crews battle the blazing remnants of the offshore oil rig Deepwater Horizon in the Gulf of Mexico on April 21, 2010. (credit: U.S. Coast Guard via Getty Images)

Oil May Be Seeping From Deepwater Horizon Site

CBS News has learned that BP is set to embark on the fifth day of a little-known mission to look for any new oil leaking from the Deepwater Horizon disaster.

12/13/2012

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BP To Pay U.S. Billions For Gulf Oil Spill

BP has agreed to pay the largest criminal penalty in U.S. history, totaling billions of dollars, for the 2010 oil spill in the Gulf of Mexico, a person familiar with the deal said Thursday.

11/15/2012

Satellite image of Hurricane Sandy (Photo by NOAA via Getty Images)

Opinion: Another Hurricane Reminds Us Of The Need For An Effective Administration

The 2012 presidential campaign between President Obama and Mitt Romney will be book-ended by hurricanes.

10/26/2012

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