OIL SPILL

As a weakening economic recovery and cheap gas lead Americans to curtail international vacations, domestic tourism is poised for a solid summer.

The 2010 Gulf Coast oil spill may prove to be a jobs booster for the region, if money paid in damages is spent to restore the Gulf's coast.

Brazil's oil regulator announced Monday it could affix a fine Chevron Corp., would have to pay for a November oil spill off the coast of Rio de Janeiro by this summer.

Chinese oil company CNOOC said the localsubsidiary of U.S. oil company ConocoPhillips is cleaning up a small and contained oil spill, on the site where a much larger spill occurred last year.

The Bureau of Safety and Environmental Enforcement will be conducting a series of possibly unannounced equipment inspections and on-water drills to test the oil spill responsiveness of companies planning to operate off the coast of Alaska in the Arctic Ocean.

The Department of the Interior on Thursday called for a deepwater oil and natural gas containment exercise, designed to test the oil industry's readiness and capacity to respond to a future accident like the Deepwater Horizon in the Gulf of Mexico.

Cuba's hope of cutting its energy dependence on Venezuela by developing new domestic sources of crude oil has suffered a blow -- the first in a series of exploratory offshore wells is a dry hole.

Brazilian naval authorities are investigating yet another oil sheen seen floating near a platform owned by state oil company Petrobras.

Federal judge Jane Triche Milazzo has recused herself this week from the first criminal case stemming from BP's Deepwater Horizon 2010 oil spill.

Newly-released BP oil spill photos show the sad impacts the disaster had on sea turtles and other animals two years ago.

Former BP engineer Kurt Mix pleaded not guilty Thursday in a federal court in New Orleans to charges that he deliberately destroyed evidence requested by authorities probing the 2010 oil spill in the Gulf of Mexico.

Royal Dutch Shell has shut down the Nembe Creek Trunkline to repair theft-related damage, deferring some 60,000 barrels of crude oil per day.

BP Plc. (NYSE: BP) won preliminary approval of its proposed $7.8 billion settlement of claims relating to the 2010 Deepwater Horizon oil spill in the Gulf of Mexico.

Houston-based oil ang gas giant ConocoPhillips (NYSE: COP) has been fined $257 million to settle charges brought by the Chinese government following a massive oil spill. The company's Chinese venture partner, CNOOC Ltd., was also fined, to the tune of $76 million.

BP Plc (BP.L) reported a bigger-than-expected profit drop on the back of a fall in production prompted by the need to sell oil fields to pay for the Gulf of Mexico disaster, raising concerns about the oil group's turnaround plan.

The first part in a saga of litigation and claims for damages following the BP 2010 Gulf oil spill is just days away from being finished.

Kurt Mix, a former BP engineer arrested Tuesday for allegedly destroying evidence in the BP Deepwater Horizon investigation, was released on bail.

Gulf Coast shrimp processors are asking a federal judge to delay final approval of the $7.8 billion settlement between BP and third-party claimants over the 2010 Gulf oil spill.

A former BP Plc engineer was arrested and charged on Tuesday with trying to destroy evidence related to how much oil was spilling from the company's broken well in the Gulf of Mexico in April of 2010, the U.S. Justice Department said.

A former BP Engineer is the first to be charged in the Deepwater Horizon disaster of 2010. Kurt Mix, of Katy, TX, has been arrested and accused of deleting text messages detailing how much oil was gushing into the Gulf of Mexico.

In a report, the human rights group said the oil company reported vastly inferior figures to what really happened in a 2008 oil spill in the Nigerian Delta.