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MEXICO OIL SPILL
- BP back in profit for Q3
BP PLC has returned to profit in the third quarter as it recovers from the impact of the Gulf of Mexico oil spill.
- BP announces sale of Mexican Gulf assets to Japanese group
The cash deal comes as BP looks to sell up to $30 billion of assets by the end of 2011 to help meet its financial obligations from the Gulf...
- BP oil spill costs hit $9.5 billion
British oil giant BP has said the Gulf of Mexico oil spill disaster has cost it about 9.5 billion dollars (7.3 billions euros) so far.
- BP spends 6.1 billion dollars on Gulf spill response: Company
BP announced that it had spent a total of 6.1 billion dollars so far in its response to the massive oil spill in the Gulf of Mexico.
- BP sells Colombian business for $1.9 billion
The divestment is part of BP's plans to sell off up to $30 billion of assets, as it faces soaring costs from the Gulf of Mexico oil spill d...
- No final decision on change of management: BP
BP said Monday no final decision has been reached on a change of management, after reports claimed chief executive Tony Hayward would resig...
- New cap, ships could contain Gulf leak by Monday
The federal official leading the Gulf oil spill cleanup said on Friday a new containment cap and an additional ship collecting oil could ef...
- BP puts Bob Dudley in Gulf clean-up role
BP put Mississippi native Bob Dudley in charge of handling the Gulf of Mexico oil spill today, an effort to clean up its image and take the...
- Gulf oil spill costs reach $1.6 bln
British energy group BP said Monday that its costs of sorting out the Gulf of Mexico oil spill had risen to about 1.6 billion dollars (1.3 ...
- Oil spill casts doubts on deep water exploration
The disaster caused by the Gulf of Mexico oil spill has cast doubts over the future of deep water exploration and is likely to have the lon...
- BP chairman summoned to Obama over spill
Carl Henric Svanberg has been summoned to a meeting with President Barack Obama to answer questions related to the Gulf of Mexico oil spill.
- BP sucking up 10,000 barrels daily from US oil leak
Engineers hoped on Monday to make more headway in their bid to contain a massive oil spill in the Gulf of Mexico after energy giant BP anno...
- BP says it has paid more than $48M in claims
An official for BP PLC says the oil giant has paid 18,000 claims along the Gulf Coast totaling more than $48 million.
BP shares bounce higher ahead of investor updateShares of BP PLC bounced higher as investors gambled on the company retaining its dividend despite the Gulf of Mexico oil spill.
- BP shares bounce higher ahead of investor update
Shares in BP PLC bounced higher as investors gambled on the company retaining its dividend despite the Gulf of Mexico oil spill and objecti...
Gulf spill workers complaining of flulike symptomsIn the past week, 11 workers who have been out on the water complained of respiratory problems, headaches and nausea.
- BP hopes to cap oil pipe in next 24 hours
BP hopes to place a cap on a fractured oil pipe and contain the Gulf of Mexico spill within the next 24 hours, a top company official said ...