TICKER & VIDEO: Latest News on the Gulf Coast Oil Spill.
In other news, stocks dropped on Friday on news of weak consumer spending, and the White House said it was unhappy with the output of swine flu vaccine.
The Iraqi government opened six of its oil fields to international bidders Monday as the nation attempts to increase daily production by 60 percent, leaving the door open for top Western companies to tap into the world's third largest oil…
London-based BP has agreed to pay a total of $373 million in fines for violating regulations tied to a fatal refinery explosion in 2005, operating leaking oil pipelines and engaging in a price-fixing scheme, the government announced Thursday.
An oil refinery in Detroit wants to expand its capacity by 15 percent, but neighbors and environmentalists oppose the project. This report, funded in part by the Park Foundation, describes how the Michigan case is indicative of the situation nationwide.
The U.S. Chemical Safety and Hazard Investigation Board said British Petroleum's cost-cutting at its Texas refinery led to a fatal explosion in March 2005. The head of the board discusses the findings.
British Petroleum in Alaska officials fielded questions at a House hearing on the factors that forced them to shut down pipelines at Prudhoe Bay and what caused a large-scale spill.
The shutdown of pipelines in the Prudhoe Bay oil field in Alaska is expected to heavily impact oil and gasoline prices. An oil markets analyst discusses the economic consequences.
The oil giant British Petroleum will shut down most of its production at the Prudhoe Bay oil field in Alaska because of corroded pipelines. An industry specialist outlines the environmental problems with the BP site and the president of BP…
Britain's BP PLC, a major international oil company, was forced to begin shutting down production at the largest oil field in the United States on Sunday.
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