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BP Is Looking Strong a Year After Gulf Oil Spill

NEW ORLEANS -- It's hard to tell that just a year ago BP was reeling from financial havoc and an American public out for blood. The oil giant at the center of one of the world's biggest environmental crises is making strong profits again, its stock has largely rebounded, and it is paying dividends to shareholders once...

BP Gulf Oil Spill: A Look Back [PHOTOS]

On April 20, 2010, the BP Deepwater Horizon oil rig suffered a massive explosion off the Louisiana coast, killing 11 workers and releasing millions of gallons of oil into the Gulf of Mexico. Take a look back at the photos that captured the damage the oil spill caused to the Gulf's wildlife and industries....

5 Transocean Executives Donating Safety Bonuses to Victims' Families

The company that operated the Deepwater Horizon oil rig, which exploded in the Gulf of Mexico last year, killing 11 men, said five executives who received safety bonuses will donate the money to a fund for the victims' families. Transocean drew criticism for reporting in a securities filing last week that 2010 was its...

Will BP Execs Face Criminal Charges? Not Likely, Experts Say

A Bloomberg News report that the U.S. Justice Department is considering manslaughter charges in its investigation of BP's oil spill in the Gulf of Mexico played prominently enough Tuesday to drive BP's share price down. But if criminal charges are filed against individuals involved in the disaster, it would be a rare...

US Approves First Deep-Water Well in Gulf of Mexico Since BP Spill

NEW YORK -- The U.S. has approved the first deep-water drilling permit in the Gulf of Mexico since last year's massive oil spill. The Bureau of Ocean Energy Management, Regulation and Enforcement announced Monday that it issued a permit to Noble Energy Inc. to continue work on a well about 70 miles southeast of Venice,...

deepwater horizon News From the Web

04/24/12 Feds make 1st arrest in BP oil spill case, say... Source: The Mississippi Press - Pascagoula MS The Justice Department said on Tuesday it filed the first criminal charges in the Deepwater Horizon disaster in the Gulf of Mexico, accusing a former BP engineer of destroying evidence.
04/20/12 The strange history of April 20, from Hitler to... Source: New York Daily News - New York NY In terms of world history, it would be hard to compete with April 20 for the title of Worst Day of the Year. I don't quite know why, and I think any explanation of the day;s significance would be incomplete.
03/27/12 Caribbean bottlenose dolphins severely ill after spill Source: The Earth Times Bottlenose dolphins ( Tursiops truncates ) are common off Louisiana - or they were.