Another day, another piece of news about how BP plans to heroically stop the flow of oil from the Deepwater Horizon spill in the Gulf of Mexico. This time around, the oil company is cutting and ...

BP which is responsible for the cleanup said Monday the spill has cost it $350 million so far for immediate response, containment efforts, commitments to the Gulf Coast states, and settlements and ...

HOUSTON & PORTSMOUTH, United Kingdom--(BUSINESS WIRE)--HWCG, a deepwater oil and gas emergency response consortium for the US Gulf of Mexico, today announces it has commissioned Magma Global, ...

HOUSTON, May 7-- A subsea containment structure was lowered 5,000 ft to the seabed, and oil spill response crews worked May 7 to precisely place the structure over a leaking riser from the collapsed ...

BP says they have learned from the failures of their past efforts to halt the oil leak at the bottom of the Gulf of Mexico. Today they began executing a new operation they say could contain a majority ...

NEW ORLEANS, Louisiana, June 3, 2010 (ENS) – BP has tonight placed a containment cap over the damaged Deepwater Horizon wellhead that has been gushing oil and gas into the Gulf of Mexico for the past ...

BP added another untested tool to its arsenal of spill containment options on Wednesday, a tube that engineers hope to slip into a break in a leaking pipe to intercept some of the 210,000 gallons of ...