NEW ORLEANS (AP) -- Kevin Costner said his reputation was at stake as he defended himself against accusations that he cheated fellow actor Stephen Baldwin out of millions of dollars in a lucrative BP ...

Even before it was scheduled to air tonight on PBS, Robert Dudley, the new CEO of BP, warned business leaders that his company was about to get another black eye. He said a report by ProPublica and ...

The Deepwater Horizon oil spill seems to divide people into two categories: those who can’t forget, and those who refuse to remember. In the first camp are Gulf Coast residents and environmentalists ...

Today a Louisiana judge accepted the guilty plea of oil giant British Petroleum in connection with the April 2010 explosion of its Deepwater Horizon platform that killed 11 workers, forcing BP to pay ...

New Orleans -- The oil spill that was once expected to bring economic ruin to the Gulf Coast appears to have delivered something entirely different: a gusher of money. So many people cashed in that ...

Some $25 billion is headed to the five Gulf states that were devastated in the 2010 BP oil disaster. Just a fraction of the government fines and court settlements have been paid — but not all of it ...

NEW ORLEANS (AP) - The U.S. Justice Department and the five Gulf coast states affected by a massive oil spill nearly three years ago have indicated they would like to settle their environmental and ...

Wildlife in the path of the Gulf oil spill are clearly going to pay for human error: will British Petroleum, the company using the oil rig, pay too? That's a question environmentalists, investors, and ...

As expected, BP announced this morning that human whipping boy Tony Hayward will be stepping down as CEO, to be replaced in October by the American Bob Dudley. Hayward will be nominated as a ...

GRAND ISLE, La. — BP said Thursday it plans to increase the amount of oil captured from a ruptured well in the Gulf of Mexico by early next week as the Obama administration announced that the oil ...

Ten years after an oil rig explosion killed 11 workers and unleashed an environmental nightmare in the Gulf of Mexico, companies are drilling into deeper and deeper waters, where the payoffs can be ...