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BP may not survive the oil leak catastrophe. June 4, 2010— -- There's still no end in sight for the catastrophic oil leak in the Gulf of Mexico. But increasingly there appears to be one for the ...

Democratic strategist James Carville calls on Obama to address the nation. BURAS, La. May 31, 2010— -- As BP prepares to launch its seventh and riskiest plan to halt the flow of oil into the Gulf ...

The feds are looking to streamline Restore Act funding and get Deepwater oil spill victims the BP fine dollars they're owed.

One year after the BP Deepwater Horizon oil spill, the Gulf Coast has dropped out of the headlines. As I was walking recently with a reporter along the beach of an eroding island in the vast Gulf of ...

BP won the most acreage in the Dec. 10 Gulf of Mexico lease sale, where companies offered more than $279 million in the first auction of Trump’s second term. The total fell about $100 million short of ...

HOUSTON — BP is already fighting an oil gusher it can’t contain and watching its mighty market value wither away. Its own bumbling public-relations efforts are making a big mess worse. Not only has it ...

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. In April 2010, a state-of-the-art ...

British energy major BP (NYSE:BP) is moving forward with a $5 billion offshore drilling project in the U.S. Gulf of Mexico. The company reached a final investment decision on the Tiber-Guadalupe ...

The Environmental Protection Agency has lifted a ban on BP, which allows the petroleum company to once again seek oil leases in the Gulf of Mexico. BP sued the EPA to lift the suspension last year. BP ...

bp (NYSE: BP) has reached a final investment decision on the Tiber-Guadalupe project, a new 100%-owned deepwater oil hub in the US Gulf of America. The $5 billion development will feature a floating ...

Citing strong tourism revenues, British Petroleum is attempting to adjust the formula used to determine payouts to local businesses. In a court filing last Friday, the petroleum giant cited "the ...