The Obama appointee managing BP's oil spill disaster
fund said Wednesday there isn't "enough money in the world" to pay all
claims and suggested home owners with plunging property values could
lose out.
The warning from prominent US lawyer Kenneth Feinberg came as Hurricane Alex disrupted clea…
With a storm threatening to disrupt oil-siphoning efforts at BP Plc's blown-out Gulf of Mexico well, the U.S. Coast Guard on Friday said collection efforts would be suspended five days before the forecast onset of gale-force winds.
A tropical disturbance over the western Caribbean could deal a …
Oil gushed unchecked from the leaking well in the Gulf of Mexico after a robot submarine crashed into BP's containment system.
'We had an incident earlier today, they noticed that there was some kind of a gas rising,' said Admiral Thad Allen, the US official coordinating the response to the dis…
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