BP says oil spill compensation fund running out

British energy giant BP admitted on Tuesday that its $20 billion (15 billion euro) fund to compensate victims of the 2010 US oil spill disaster has almost run out of cash.

Thai navy deployed to fight oil spill

Thai naval vessels joined efforts Sunday to stop hundreds of barrels of oil from a pipeline leak in the Gulf of Thailand reaching the kingdom's beaches.

Experts: Gas in Gulf blowout is less damaging

(AP)—A blown-out natural gas well blazing off Louisiana's coast poses fewer environmental dangers than past offshore accidents because it appears to primarily involve gas that disperses relatively easily, scientists said ...

UK 'likely' to have 102 trln cubic feet of shale gas

British exploration company IGas Energy on Monday said it believed it was sitting on a far bigger amount of shale gas than thought, ahead of controversial drilling work to begin this year in northwest England.

Wait is on for judge's ruling in BP oil spill trial

Ed Sherman, a Tulane University law professor specializing in complex litigation, continues to closely monitor the BP Gulf of Mexico oil spill trial in New Orleans, almost three years after the Deepwater Horizon drilling ...

US methane report further divides fracking camps

The U.S. Environmental Protection Agency has dramatically lowered its estimate of how much of a potent heat-trapping gas leaks during natural gas production, in a shift with major implications for a debate that has divided ...

Three years after Gulf spill, BP fights huge fines

Three years after a deadly explosion on a BP-leased drilling rig unleashed the worst environmental disaster in US history, the British energy giant is fighting to avoid billions in fines.

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