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Title: Yahoo Energy News

BP report blames itself, others for oil spill (AP)

A British Petroleum (BP) logo is seen at a petrol station in south London April 27, 2010. BP deflected much of the blame for a rig blast that led to the United States' worst-ever oil spill, releasing an internal report on Wednesday which said that drilling contractor Transocean had missed danger signs. REUTERS/Toby Melville/FilesAP - In an internal report released Wednesday, BP blames itself, other companies' workers and a complex series of failures for the massive Gulf of Mexico oil spill and the drilling rig explosion that preceded it.


BP Investigator: 8 failures led to disaster (AP)

Outgoing BP chief executive Tony Hayward addresses the media outside the company's head office in central London, July 2010. Human and technical failures by BP and other parties led to the Gulf of Mexico oil disaster, the British energy group concluded in the results of an internal inquiry published on Wednesday.(AFP/File)AP - The lead BP PLC investigator is saying that eight separate failures had to occur for the company's deepwater well to unleash the largest offshore oil spill in history.


BP shifts U.S. oil spill blame onto contractors (Reuters)

Reuters - BP shifted much of the blame for a rig blast that led to the United States' worst-ever oil spill onto its contractors Transocean and Halliburton.

BP shares gain after Gulf report (AP)

Outgoing BP chief executive Tony Hayward addresses the media outside the company's head office in central London, July 2010. Human and technical failures by BP and other parties led to the Gulf of Mexico oil disaster, the British energy group concluded in the results of an internal inquiry published on Wednesday.(AFP/File)AP - Shares in BP PLC tracked slightly higher after the release of an internal report on the disastrous oil spill in the Gulf of Mexico that deflects much of the blame onto rig owner Transocean Ltd. and contractor Halliburton Co.


Oil prices fall below $74 (AFP)

An engineer works at the Barjisiya oil fields in Zubair One south west of the city of Basra, Iraq. Oil prices have fallen below 74 dollars dragged down by sliding equity markets and a firmer dollar,(AFP/File/Essam -al-Sudani)AFP - Oil prices fell below 74 dollars on Wednesday dragged down by sliding equity markets and a firmer dollar, analysts said.


BP probe to spread blame for spill: report (Reuters)

A logo is seen at a BP fuel station in London July 27, 2010. REUTERS/Toby MelvilleReuters - BP Plc's internal probe of the deadly April 20 blowout that unleashed the massive Gulf of Mexico oil spill will assign blame to BP as well as other companies involved in the well's operations, The Wall Street Journal reported on Tuesday.


Oil falls below $74 on EU bank debt worries (AP)

An engineer works at the Barjisiya oil fields in Zubair One south west of the city of Basra, Iraq. Global dependency on the Organization of Petroleum Exporting Countries for crude oil will rise in the next five to 10 years as output by non-OPEC nations falls, the head of the International Energy Agency (IEA) has said.(AFP/File/Essam -al-Sudani)AP - Oil prices skidded below $74 a barrel Wednesday in Asia as traders followed regional stocks down on reports European banks may be saddled with more debt than previously estimated.


Drilling makes progress towards trapped Chile miners (AFP)

Two members of the mounted police watch the rescue area by the San Jose mine in Copiapo, north of Santiago on September 7, 2010, where 33 miners have been trapped for over a month.(AFP/Ariel Marinkovic)AFP - A truck convoy bearing a huge oil drilling machine is expected to arrive Wednesday to offer a third rescue option, or "Plan C," for the 33 men trapped for a month at the bottom of a Chilean mine.


Two missing after China oil rig accident (AFP)

Graphic showing the East China Sea where two oil workers were missing but more than 30 others were rescued from a listing Sinopec rig(AFP/Graphic)AFP - Two oil workers were missing but more than 30 others were rescued from a listing Sinopec rig off China's northeast coast, the government said Wednesday, as the company insisted no oil was spilled.


34 rescued from China oil platform accident (AP)

AP - Emergency teams with helicopters rescued 34 workers Wednesday from an oil drilling platform that was leaning dangerously in the East China Sea after a storm, and searched for two others still missing, officials said.