Report warns of systemic industry problems, and similar blowout is possible. Jan. 5, 2011— -- The National Oil Spill Commission released the scathing first chapter of its forthcoming full report ...

BP has released a report from its internal investigation of the months-long oil spill in the Gulf of Mexico. It concludes by assigning blame to itself but also to several other organizations involved, ...

BP took some of the blame for the Gulf oil disaster in an internal report issued Wednesday, acknowledging among other things that it misinterpreted a key pressure test of the well. But in a possible ...

The Deepwater Horizon oil spill seems to divide people into two categories: those who can’t forget, and those who refuse to remember. In the first camp are Gulf Coast residents and environmentalists ...

WASHINGTON — Government scientists wanted to tell Americans early on how bad the BP oil spill could get, but the White House denied their request to make the worst-case models public, a report by the ...

Down along the Gulf coast, the beaches look cleaner, the birds less tar-covered, but the longterm consequences of the BP oil spill are leaving their mark under the ocean's surface. Scientists continue ...

The Obama administration lagged in its initial response to the BP oil spill, played down spill projections, ultimately overreacted, and injected politics into the spill response, according to a report ...

It was two years ago today that the Deepwater Horizon—a top-of-the-line offshore drilling rig owned by BP and run by Transocean—experienced a sudden burst of gas from a three-mile long well its crew ...

From above, five years after the BP well explosion, the Gulf of Mexico looks clean, green and whole again, teeming with life — a testament to the resilience of nature. But there's more than surface ...

London's Sunday Times reported that BP plans to raise $10 billion from a bond sale, $20 billion from banks and $20 billion from asset sales over the next two years to cover the costs of the largest ...