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  • Chemical-Eating Microbes Might Clean Up Gulf Oil Wednesday, 9 Jun 2010 | 4:34 PM ET
    Crisis in the Gulf

    "You and I eat steaks and pizza. Microbes eat hydrocarbons," says Kennedy, President and CEO of Bioremediation, Inc., a company that uses microbes to clean up hazardous chemicals.

  • BP Will Survive the Gulf Spill: Chief Risk Officer Wednesday, 9 Jun 2010 | 2:29 PM ET

    BP will survive the debacle in the gulf, yet the oil giant will remain impaired years down the road, said Paul Smith, chief risk officer at Mobius Risk Group, which ones a commodity advisory firm.

  • Gulf Spill Is 'Black Swan' Event: Industry Insider Wednesday, 9 Jun 2010 | 1:12 PM ET
    Fire boats battle a fire at the off shore oil rig Deepwater Horizon April 21, 2010 in the Gulf of Mexico off the coast of Louisiana.

    The oil industry’s foremost authority on reservoir management and upstream technology called the BP oil spill a Black Swan event that, however catastrophic, has the potential to improve drilling practices in particular and the industry in general.

  • Amish Farming Draws Rare Government Scrutiny Wednesday, 9 Jun 2010 | 12:46 PM ET
    Amish Farmer

    Amish farmers are facing growing scrutiny for agricultural practices that the federal government sees as environmentally destructive.

  • More Than 6,000 Lawsuits Filed Against BP Wednesday, 9 Jun 2010 | 12:29 PM ET
    Crisis_In_The_Gulf_badge.jpg

    About 6,000 claims in total have been filed against BP since its massive oil spill in the Gulf of Mexico.

  • 17 Ways To Clean Up The Spill Wednesday, 9 Jun 2010 | 11:42 AM ET
    With the Gulf of Mexico oil spill now the worst in US history, public pressure is growing on BP to contain and remove the ever-spreading slick. There are numerous potential cleanup methods, some that are already being used and others that are...well, rather non-traditional.BP has said it had  on alternate cleanup methods by the end of May and is seriously looking at 700 of them. With estimates of the total spilled so far ranging from around 700,000 barrels to over 2.5 million barrels, it will be

    There are numerous potential cleanup methods, some that are already being used and others that are... well, rather non-traditional.

  • US Confirms Second Gulf Spill—but It's Very Small Wednesday, 9 Jun 2010 | 12:38 AM ET
    Contract workers patrol the beach to pick up oil that washed ashore on a public beach on June 2, 2010 in Dauphin Island, Alabama. Oil believed to be from the Deepwater Horizon oil rig accident began to appear yesterday on the shores of Alabama.

    The U.S. Department of Interior said Tuesday that oil has been leaking from a non-BP well into the Gulf of Mexico, but put the size of the leak at less than a barrel a day.

  • Are You Going Green to be Politically Correct? Tuesday, 8 Jun 2010 | 11:48 AM ET

    Going green has made sense for many companies in the past years, and the proven benefit to the bottom line has begun to sink in gradually as companies battle tarnished reputations (BP, Goldman Sachs) and distrust in the marketplace. Suddenly, sustainability and going green are popular.

  • Imagining the Worst in BP’s Future Tuesday, 8 Jun 2010 | 10:20 AM ET
    Heavy oil pools along the side of a boom just outside Cat Island in Barataria Bay.

    It seems unthinkable, even now, that the disastrous oil spill in the Gulf of Mexico could bring down the mighty BP. But investment bankers get paid to think the unthinkable — and that is just what they are doing. The New York times explains.

  • Rate of Oil Leak, Still Not Clear, Puts Doubt on BP Tuesday, 8 Jun 2010 | 2:25 AM ET
    Simulated oil splatter on a BP gas station sign in Manhattan, New York.

    With no consensus among experts on how much oil is pouring from the wellhead, it is hard, if not impossible, to assess the containment cap’s effectiveness.  The NYT reports.

  • Gulf Oil Leak Could Last A Year: T. Boone Pickens Monday, 7 Jun 2010 | 6:02 PM ET
    Boone T. Pickens

    It's possible that the current oil leaking into the Gulf of Mexico could last a year, said oilman T. Boone Pickins, citing similar leaks.

  • Machine Could Separate Oil and Water in Gulf Spill Monday, 7 Jun 2010 | 5:01 PM ET
    Offshore supply vessels assist and observe the worksite of the Deepwater Horizon oil rig explosion.

    A machine known as the Voraxial Separator uses force to pull apart oil and water that have mixed together and could be helpful in cleaning up the Gulf of Mexico spill.

  • BP Plans to Replace Containment Cap Next Month Monday, 7 Jun 2010 | 4:40 PM ET
    Video still of oil spill in the Gulf of Mexico.

    As officials reported a gradual increase in the amount of oil being captured from a spewing wellhead at the bottom of the Gulf of Mexico on Monday, BP said it plans to replace the cap collecting the crude with a slightly bigger device next month.

  • BP's Corporate Image Moves: Pro and Con Monday, 7 Jun 2010 | 11:07 AM ET
    Crisis_In_The_Gulf_badge.jpg

    BP is trying to defend its corporate image with a major ad campaign after causing the largest oil spill in US history. The campaign includes a TV commercial featuring BP CEO Tony Hayward apologizing for the environmental disaster and explaining to viewers what the company is doing to repair the damage. The campaign has been met with mostly criticism.

  • Tamminen: Gulf Spill Disaster Could Spell End of BP Monday, 7 Jun 2010 | 9:50 AM ET
    Oil blobs wash ashore in Pensacola, Florida.

    Few have yet to grasp the potential damage claims that are yet to come from millions of people who live well beyond the immediate impact zone in the Gulf states.  The Loop Current and hurricanes will spread the mess far and wide.

  • Is the US in a Gloomy Rut? Monday, 7 Jun 2010 | 7:54 AM ET
    Businessman

    There's oil in the Gulf. Markets are tanking.  Unemployment remains high. The US is engaged in two wars and there are other trouble spotsw intensifying. Today, we want to know if you think the United States is in a rut. Share your opinion in our poll.

  • BP Works to Stem Another Torrent: Its CEO Monday, 7 Jun 2010 | 1:59 AM ET
    Tony Hayward, BP Group Chief Executive

    BP, already bedeviled by an out-of-control oil spill in the Gulf of Mexico, now finds itself with one more problem: Tony Hayward, its gaffe-prone chief executive. The NYT reports.

  • Oil Stains Beaches and Tourists as Slick Spreads Saturday, 5 Jun 2010 | 12:38 PM ET
    Contract workers patrol the beach to pick up oil that washed ashore on a public beach on June 2, 2010 in Dauphin Island, Alabama. Oil believed to be from the Deepwater Horizon oil rig accident began to appear yesterday on the shores of Alabama.

    BP cap collects  at least 6,000 barrels of oil in its first 24 hours of use, but crude from that busted underwater oil well is showing up in greater quantities and farther east along the Gulf's once pristine white beaches.

  • Obama: I'll Stand With the Gulf Saturday, 5 Jun 2010 | 8:46 AM ET
    A contract worker patrol the beach to pick up oil that washed ashore on a public beach on June 2, 2010 in Dauphin Island, Alabama. Oil related to the Deepwater Horizon accident began to appear yesterday on the shores of Alabama.

    President Barack Obama said Saturday that he will stand with Gulf Coast residents "until they are made whole" from the oil spill catastrophe.

  • Newest Challenge for Oil Rigs: Getting Financing Friday, 4 Jun 2010 | 3:54 PM ET
    off shore oil rig

    Billion-dollar oil rigs are starting to see a tremendous amount of financial strain due to the enormous amount of oil spewing into the Gulf of Mexico.