the oil rig that sank after an explosion on board. The costs could top a billion dollars. That's not a whole bunch for BP, which had a net profit of $5.6 billion this past quarter. Even with all ...

Footage shows Russian divers inspecting the wreckage of a sunken tanker in the Black Sea and addressing the damage caused by an oil spill from the vessel and another that ran aground. The first ...

An oil rig in the Gulf of Mexico that caught fire after an explosion on Tuesday night has now sunk, the US Coast Guard has said. A search is continuing for 11 missing workers after the blast at ...