Almost five years after the Deepwater Horizon oil spill, the Obama administration has proposed new regulations aimed at strengthening oversight of offshore oil drilling equipment and ensuring that out-of-control wells can be sealed in an emergency.
One of the most prolific oil and gas basins on the planet sits just off Cuba’s northwest coast, and the thaw in relations with the United States is giving rise to hopes that Cuba can now get in on the action.
The Obama administration is set to reopen the Eastern Seaboard to offshore oil and gas exploration after the approval of sonic cannons which pinpoint energy deposits beneath the ocean floor.
On this day three years ago, BP’S Deepwater Horizon rig exploded and killed 11 crewmen, ignited a massive fireball and left behind a gushing open well that ended in the largest offshore oil spill in U.S. history.
The deadly attacks in Boston Monday left a city and a nation searching for answers. But it has also drawn attention to an odd historical phenomenon that happens around this time of April.
The 2012 presidential campaign between President Obama and Mitt Romney will be book-ended by hurricanes.
On April 20, 2010, the U.S. faced the worst offshore spill in its history as oil from the BP offshore drilling site spewed onto the Gulf of Mexico.
Less than two years after the BP oil spill left the Gulf coast reeling, a new semi-submersible oil rig is now stationed in the Florida Straits, less than 90 miles from the coast of Key West.
A key federal report blames poor management, some major missteps and a faulty cement job by BP and others for the worst offshore oil spill in U.S. history and the deaths of 11 rig workers.
Miami-based Carnival Corp. — operator of Carnival Cruise Lines — filed suit last week on the anniversary of the oil spill against BP PLC and several other companies related to the Deepwater Horizon oil rig explosion and major oil spill in the Gulf of Mexico.