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  • BP to remove cap, replace blowout preventer

    August 27, 2010 12:55 PM

    The federal government said it will start work Monday to remove the temporary cap that stopped oil from gushing out of BP's blown-out Gulf well so that engineers can raise a key piece of equipment from the seabed. Thad Allen, the government's point man for the spill response, told... more »
  • BP: Gulf oil spill costs have reached $1.25B

    June 7, 2010 9:13 AM

    BP says the cost of the company's response to the oil spill in the Gulf of Mexico has reached about $1.25 billion. The figure company announced the total in a news release Monday. BP says the figure does not include $360 million for a project to build six sand... more »
  • Obama bans new drilling following gulf oil spill

    April 30, 2010 10:26 AM

    No new offshore drilling will be authorized until authorities learn what caused the explosion of the Deepwater Horizon oil rig, an aide to President Barack Obama said Friday as oil oozed ashore in Louisiana. Senior adviser David Axelrod also defended the administration's response to the April 20 accident in... more »
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