Reuters - BP Plc said the cost of dealing with its oil spill in the Gulf of Mexico had risen to $8 billion as the oil giant prepared to release the findings of an internal probe into the causes of the disaster.
Reuters - An oil and gas platform operated by Mariner Energy burst into flames in the Gulf of Mexico on Thursday, but the crew of 13 escaped and there were no signs of an oil spill, the Coast Guard said.
AP - The image of thick crude gushing from a blown-out oil well a mile beneath the Gulf of Mexico was turned off when a tightly fitting cap was secured on top a month-and-a-half ago.
Reuters - BP Plc's internal probe of the Gulf of Mexico oil spill has placed some of the blame on mistakes by its engineers while finishing the deep sea oil well, Bloomberg reported, citing a person familiar with the report.
AP - The cleanup of history's worst peacetime oil spill is generating thousands of tons of oil-soaked debris that is ending up in local landfills, some of which were already dealing with environmental concerns.
Reuters - The White House oil spill commission on Wednesday will probe U.S. offshore drilling policies and consider pushing the oil industry to accept a self-governing body to help oversee tough safety standards.
Reuters - A $20 billion compensation fund for economic victims of the BP Gulf oil spill opens for business on Monday amid accusations that the rules established by its administrator are unfair.
Reuters - BP Plc will remove a failed blowout preventer from its ruptured Macondo well in the Gulf of Mexico under watchful eyes of investigators probing the deadly April 20 explosion, the top U.S. official overseeing the oil spill response said.
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