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The explosion of the Deepwater Horizon oil rig in the Gulf of Mexico on April 20 left 13 dead and 17 injured, leading to a massive oil spill and environmental disaster.

The federal government lifted the ban on deepwater drilling last week, issuing new rules and tightening standards that must be met before drilling can resume.

The federal government lifted the ban on deepwater drilling last week, establishing new rules and setting standards that must be met before drilling can resume.The ...

BP’s announcement today, that it would form a new risk management & safety unit reporting directly to the CEO, is good news.The Safety & Operational ...

In response to the Gulf Coast oil spill disaster in which 11 people were killed, British Petroleum said it is forming a safety and risk unit that will report directly to the company's incoming chief executive officer.

Global investors are asking energy companies for their oil spill prevention measures, but they are also querying insurers.

Global investors are asking for energy companies' oil spill prevention measures and information about underwriting changes resulting from the British Petroleum oil spill, according to CERES, a network of investors and environmental groups.

Although the improvements in the construction market are slight, there are some signs of growth, even in these tough times.