Two years after a blowout on BP’s Macondo well killed 11 men and triggered the largest oil spill in U.S. history, oil companies are again plying the waters of the Gulf of Mexico. Forty-one deep-water rigs are in the gulf . The vast majority of them are drilling new holes or working over old ones, while the other behemoths are idle as they await work or repairs. A brand new rig — the South Korean-built Pacific Santa Ana , capable of drilling to a depth of 7.5 miles — is on its way to a Chevron well. Read full article > >

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Two years after BP oil spill, offshore drilling still poses risks

Sudan says its largest oil field, in a disputed border area, is now controlled by South Sudan’s army after two weeks of fighting.

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South Sudan ‘captures oil field’

Anadarko held a 25 percent share in the Gulf of Mexico well that blew out last year, causing the largest oil spill in U.S. history.

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BP Recovers $4 Billion From Anadarko for Gulf Spill

The billionaire brothers David and Charles Koch have moved to the center of the Republican establishment, donating to and guiding members of the House Energy and Commerce Committee. Koch Industries was the largest oil and gas donor to members of the…

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Beware the Power of the Koch Bros.

IN VENICE, LA. The oil has mostly disappeared. And in southern Louisiana, things are finally looking normal – improbably, blessedly normal – six months after the largest oil spill in U.S. history .

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Adrift in oil, then money

One worker is killed and 10 more are injured in an explosion at one of Mexico’s largest oil refineries.

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Mexico refinery blast kills one