A bolt of lightning struck the ship capturing oil from a blown-out BP well in the Gulf of Mexico on Tuesday, igniting a fire that halted containment efforts in another setback for the embattled ...

Oil prices eased about 1% to a two-week low on Thursday on a surprise build in U.S. crude inventories last week and ...

Workers at the BP oil spill site in the Gulf of Mexico will begin a complicated operation this weekend that they hope will let them contain most of the oil gushing from the seafloor. But for ...

Louisiana government officials said Thursday that much of the containment boom deployed along the Gulf Coast is proving ineffective in BP oil spill cleanup efforts.

Crews planned Sunday to park the giant oil containment box on the bottom of the Gulf of Mexico, and offload equipment that could be used in a new attempt to stem the flow of gushing into the sea.

The company BP PLC hired to build concrete and steel containment boxes says the first one will be completed within 48 hours.

BP says a containment cap is capturing more and more of the gushing oil. The inverted funnel-like cap is being closely watched for whether it can make a serious dent in the flow of new oil.

A 98-ton steel containment chamber, or cofferdam, reached the site of a massive oil leak 50 miles south of the Louisiana coastline on Thursday.