GULF OF MEXICO - MAY 06: An oil platform and ships sit at the site of the Deepwater Horizon well head operated by BP on May 6 ...

Brazilian federal prosecutors are suing Transocean ... spill at BP Plc’s Macondo well in the Gulf of Mexico last year. “The rig market is pretty tight, so if Transocean were banned, the oil ...

An oil rig in the Gulf of Mexico that caught fire after an explosion on Tuesday night has now sunk, the US Coast Guard has said. A search is continuing for 11 missing workers after the blast at ...

Washington (CNN)-- The federal government Wednesday joined the dozens of lawsuits against BP and several other companies over the massive oil spill ... the Transocean-owned drill rig Deepwater ...