Economists looking at oil spill tax losses

They hope to have an answer by next week. Read full story

BP asks judge to dismiss many spill claims

BP PLC asked a federal judge Thursday to dismiss most of the court claims filed against the oil giant by businesses and individuals who say they suffered economic damage from last .. Read full story

Judge orders action on 6 deepwater permits

A federal judge has given the Obama administration 30 days to act on six permits for deepwater drilling in the Gulf of Mexico. Read full story

BP sues maker of blowout preventer

BP is suing the maker of the device that failed to stop last year's calamitous Gulf oil spill, alleging negligence that the oil giant says helped cause the disaster. Read full story

Design of blowout preventer questioned in Gulf oil..

A senior official for the maker of the blowout preventer that failed to stop last year's Gulf oil spill says the device hadn't been tested to see if it could cut through a bent dri.. Read full story

Hearings resume in New Orleans

Maintenance on a safety device that failed to stop last year's BP oil spill in the Gulf of Mexico was the focus as a federal panel resumed hearings on the disaster in New Orleans. Read full story

BP sells aluminum unit amid Gulf drilling reports

BP announced Monday it is selling its Arco Aluminum subsidiary to a Japanese consortium for $680 million, but declined to comment on reports - denied by U.S. authorities - that it .. Read full story

Pelicans saved from Gulf oil stick to new homes

Among the 250 brown pelicans roosting on a sand bar on Georgia's Atlantic coast, wildlife biologist Tim Keyes managed to find a few with the numbered bands around their feet that i.. Read full story

Two-thirds of oil and gas leases in Gulf inactive

More than two-thirds of offshore leases in the Gulf of Mexico are sitting idle, neither producing oil and gas, nor being actively explored by the companies who hold the leases, acc.. Read full story

Manslaughter charge explored in spill

People familiar with the investigation of the Gulf oil spill say manslaughter and perjury are among the possible violations being explored by Justice Department investigators still.. Read full story