Here is a cluster of facts and figures about the historical rain that fell across South and North Carolina.» Read More
Tests confirmed that some toxic compounds that would evaporate in a shallow-water spill are instead spreading, just as President Obama plans his fourth trip to the region. The NYT reports.
"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 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.
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 farmers are facing growing scrutiny for agricultural practices that the federal government sees as environmentally destructive.
About 6,000 claims in total have been filed against BP since its massive oil spill in the Gulf of Mexico.
There are numerous potential cleanup methods, some that are already being used and others that are... well, rather non-traditional.
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.
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.
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.
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.
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.
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.
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 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.
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.
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, 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.
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.
President Barack Obama said Saturday that he will stand with Gulf Coast residents "until they are made whole" from the oil spill catastrophe.