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

Gulf Lease Sale Nets $1.7 Billion

The federal government’s first auction of offshore petroleum leases in the same area where the Deepwater Horizon exploded in 2010 brought in $1.7 billion in winning bids Wednesday.

06/21/2012

BP Petrol Station Logo

People Close To Case: Gulf Oil Spill Trial Delayed

A federal trial over the nation’s worst offshore oil disaster has been delayed for a week to allow more time for settlement talks, according to two people close to the case.

02/26/2012

The letters BP, inscribed in sand and oil by a Greenpeace activist, are shown on a beach at the mouth of the Mississippi River on May 17, 2010 in near Venice, Louisiana. (credit: John Moore/Getty Images)

BP Settles With Maker Of Failed Blowout Preventer

BP said it was “in their mutual best interests, and the agreement is not an admission of liability by either party.” The companies are dropping all claims against one another, they said.

12/16/2011

Birds fly over an island that is threatened by the massive Deepwater Horizon/BP oil spill on May 9, 2010 in Gulf of Mexico. (credit: Joe Raedle/Getty Images)

Day Of Remembrance: 1 Year After Gulf Oil Disaster

Relatives of some of the 11 men who died aboard the Deepwater Horizon oil rig are flying over the Gulf of Mexico on Wednesday, back to the epicenter of the worst offshore oil spill in the nation’s history.

CBSDFW.COM–04/20/2011

Workers remove oil washed ashore from the Deepwater Horizon oil spill in the Gulf of Mexico on June 26, 2010 in Orange Beach, Alabama. (credit: Joe Raedle/Getty Images)

Panel Says Gulf Oil Spill Could Happen Again

Disasters like the Gulf oil spill could happen again, according to the conclusions of a presidential panel.

01/06/2011

Workers clear off some of the oil residue on the beach from the Deepwater Horizon oil spill in the Gulf of Mexico on July 4, 2010 in Pass Christian, Mississippi. (credit: Joe Raedle/Getty Images)

BP Deep-Cleaning Gulf Beaches Amid New Worries

BP has launched its biggest push yet to clean the tourist beaches that were coated with crude during the Gulf oil spill.

11/17/2010

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