Gulf Coast

Billions of dollars will be at stake Monday at the opening of a complex trial to determine how much BP should pay for the devastating 2010 Gulf of Mexico oil spill.

Billions of dollars will be at stake Monday at the opening of a complex trial to determine how much BP should pay for the devastating 2010 Gulf of Mexico oil spill.

Global oil prices diverged on Wednesday amid easing supply concerns over an important US pipeline, analysts said.

Congress on Monday finally approved more than $50 billion in emergency disaster aid for victims of Hurricane Sandy, 13 weeks after the superstorm ravaged much of the coastal US northeast and left thousands homeless.

The controversial Keystone pipeline passed another hurdle Tuesday after the governor of Nebraska approved a new route that will avoid environmentally sensitive areas like the state's Sand Hills.

The world's biggest oil exporter Saudi Arabia denied on Monday that a five percent cut in its crude output was aimed at boosting prices on international markets.

Global oil prices steadied on Monday after the completion of a major US pipeline expansion project that will cut oversupplied inventories in the United States, the world's biggest crude consuming nation.

TransCanada announced Wednesday it plans to build a Can$5 billion (US$5.06 billion) natural gas pipeline from the North Montney gas-producing region in Western Canada to a Pacific Coast port.

The US Congress has finally approved emergency disaster aid for victims of Hurricane Sandy, but only after a delay that sparked East Coast Republican outrage against their own party leadership.

The US Congress finally approved emergency disaster aid for victims of Hurricane Sandy on Friday, but only after a delay that sparked East Coast Republican outrage against their own party leadership.

The United States hit drilling rig operator Transocean with $1.4 billion in criminal and civil fines for its role in the 2010 Deepwater Horizon disaster in the Gulf of Mexico.

The United States hit drilling rig operator Transocean with $1.4 billion in criminal and civil fines for its role in the 2010 Deepwater Horizon disaster in the Gulf of Mexico.

A looming labor shutdown of ports on the US East Coast was averted Friday when federal mediators helped workers and shippers reach a breakthrough on a key issue in deadlocked contract talks.

British oil giant BP won approval from a US federal judge of a $7.8 billion settlement with people and businesses who lost money and property due to the 2010 oil spill in the Gulf of Mexico.

A Texas court has lifted a temporary restraining order on construction of a small portion of the controversial Keystone pipeline, operator TransCanada said Thursday.

Canada is scrambling to build an expansive new oil pipeline network to reach new markets including Asia as its sole customer, the United States, hikes production, aiming to become the world's top exporter.

Superstorm Sandy ran up a super bill of $42 billion across New York state, causing more damage than infamous Hurricane Katrina, Governor Andrew Cuomo said Monday, appealing for federal emergency funds.

Superstorm Sandy ran up a super bill of $42 billion across New York, causing more damage than the infamous Hurricane Katrina, New York Governor Andrew Cuomo said Monday, appealing for federal emergency funds.

The White House said Monday as President Barack Obama landed in Louisiana to tour hurricane damage that disasters were no time for politics, but took a shot a Republicans nonetheless.

White House challenger Mitt Romney has toured storm-ravaged New Orleans in a bid to burnish his presidential credentials ahead of his November battle with Barack Obama.