The Deepwater Horizon oil rig burns after an explosion in the Gulf of Mexico in 2010. (AP Photo/Gerald Herbert, File)

BP, Macondo contractors resolve oil spill claims against each other

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Halliburton CEO Dave Lesar said the agreement closes out another chapter in the Gulf of Mexico saga for the oil field service company and restores its relationship with BP, one of its customers.
In this photo taken May 10, 2015, a dead dolphin washes ashore in the Gulf of Mexico on Grand Isle, La. National Oceanic and Atmospheric Administration (NOAA) scientists stated in a report released, Wednesday, May 20, 2015, that there are links between BP's catastrophic 2010 oil spill and a spate of dolphin deaths since the spill. The study is part of a wide-ranging assessment of ecological damage caused by the spill. BP has rejected that contention and said necropsies of dolphins and "other information reveal there is no evidence" to make the link between the spill and dolphin deaths. (AP Photo/Cain Burdeau)

Researchers say BP oil spill contributes to dolphin illnesses, deaths

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The latest findings mark an “important piece in the chain of evidence” linking an uptick in deaths since early 2010 to the BP oil rig disaster that spewed more than 200 million gallons of crude oil into the Gulf of Mexico, researchers said.
Oil flows out of the top of the transition spool, which was placed into the gushing Macondo wellhead at the site of the Deepwater Horizon oil spill in the Gulf of Mexico in July 2010. AP Photo/BP PLC, File)

Plan OK’d to drill into BP’s ill-fated Macondo reservoir

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A privately owned Louisiana firm will be looking to extract oil and gas deep under the Gulf of Mexico’s seafloor, an undertaking that proved catastrophic for BP.
The Deepwater Horizon drilling rig burns in the Gulf of Mexico on April 21, 2010, the day after the blowout of BP's Macondo well. (Associate Press photo)

Drilling set to resume near site of BP’s blowout in Gulf

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A Louisiana-based oil company, LLOG Exploration Offshore, plans to drill into the Macondo reservoir.
(AP Photo/Gerald Herbert, File)

Appeals court opens door to some BP settlement appeals

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The appeals court in New Orleans late Friday ordered a lower court judge to change a procedure that effectively blocked appeals. And the appeals court told the judge to reconsider a rule barring BP from appeals regarding the calculation of a business’ losses that are based on the way revenues and expenses are matched.
(AP Photo/Gerald Herbert, File)

Jury trials for medical suits over BP spill approved

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“BP disagrees with the Court’s ruling and is considering its options,” a company spokesman said.
(Matthew Lloyd/Bloomberg)

BP says oil spill bill over $2 billion would be “severe”

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Any fine above $2 billion against BP for the Deepwater Horizon disaster would be “extraordinary and severe,” double the highest-ever U.S. water-pollution fine and potentially crippling its American oil business, BP said in court documents.
(AP Photo/Gerald Herbert, File)

Video: Ocean researchers show what BP spill site looks like five years later

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Five years after the Deepwater Horizon oil rig sank into the Gulf of Mexico, scientists with an ocean research and exploration group released video of what the underwater site of one of the worst oil spills in history looks like today.
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CERAWeek: BP CEO says don’t expect wave of energy mergers yet

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BP CEO Bob Dudley says he doubts there will be a surge of corporate consolidation in the energy industry – effectively a repeat of the mega deals in late-1990s bust that created mammoth oil firms – unless oil prices stay low for long.
Photographer: Rich Press.

5 years after BP spill, drillers push into riskier depths

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ON THE GULF OF MEXICO — Five years after the nation’s worst offshore oil spill, the industry is working on drilling even further into the risky depths beneath the Gulf of Mexico to tap massive deposits once thought unreachable. Opening this new frontier, miles below the bottom of the Gulf, requires engineering feats far beyond […]