A pelican rests on an oil retention boom on July 25, 2010 near Grand Isle, Louisiana. Photo by Mario Tama/Getty Images. Attorney General Eric Holder and EPA Administrator Lisa P. Jackson announced a major lawsuit against BP, Transocean and other…

The National Oil Spill Commission is holding two days of public hearings this week into the cause of the Deepwater Horizon rig explosion that triggered the disaster. Officials from BP, Transocean, and Halliburton will be called to answer…

The Obama administration said Tuesday that it is lifting a moratorium on deep water oil drilling imposed after the Deepwater Horizon spill disaster in the Gulf of Mexico. The administration has been under pressure from business leaders and others…

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