Gulf of Mexico oil spill
After nearly a year and a half of research, scientists have definitively linked BP's oil spill with the death of a once brightly coloured coral community in the Gulf of Mexico.
Last year, the nation watched and waited for months during many failed attempts to cap the massive oil spill in the Gulf of Mexico. Now, with the well capped and killed, the industry has responded with new response plans and equipment designed to keep future oil spills from getting out of control. Anchor Thalia Assuras looks at one of these new sub-sea containment systems, the Helix Rapid Response.
U.S. Secretary of the Interior Ken Salazar says reports that the U.S. government has approved BP's (NYSE: BP) requests to resume drilling at its existing wells in the Gulf of Mexico are inaccurate.
In its final report, the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling has found that negligible decisions made by BP (NYSE: BP) and its partners Halliburton (NYSE: HAL) and Transocean (NYSE: RIG) were the primary factors leading to the explosion of the Deepwater Horizon oil rig and the ensuing oil leak in the Gulf of Mexico last spring.
Clean up of the BP oil spill in the Gulf of Mexico is still on-going. As the news outlet WKRG reports, crews have been welcomed back from the holiday season by a myriad of tarballs washing up on Alabama's Fort Morgan beach.