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BP, Gulf Spill Partners Sue Each Other
MIAMI -- After being hammered for a year over the Gulf of Mexico oil spill, BP is going on the offensive with multibillion-dollar lawsuits seeking to shift at least part of the blame to those who owned the ill-fated rig or designed a failed safety device or supplied cement that didn't hold. Those companies - Transocean,...
BP Sues Rig Owner for $40B; Blames It for Disaster
NEW ORLEANS -- BP on Wednesday sued the maker of the device that failed to stop last year's calamitous Gulf oil spill and the owner of the rig that exploded, alleging that negligence by both helped cause the disaster. The British company said in papers filed in federal court in New Orleans that it is suing rig owner...
Science May Be Murky in the Gulf for Years
Oil is still in a few places in the Gulf, but for the most part it looks pristine. Anecdotal evidence indicates a rapidly recovering area -- escaped crude oil itself is scarce, and regular tests by the Louisiana Department of Wildlife and Fisheries have yet to reveal any tainted seafood. But the Gulf of Mexico and its...
BP Is Looking Strong a Year After Gulf Oil Spill
NEW ORLEANS -- It's hard to tell that just a year ago BP was reeling from financial havoc and an American public out for blood. The oil giant at the center of one of the world's biggest environmental crises is making strong profits again, its stock has largely rebounded, and it is paying dividends to shareholders once...
BP Gulf Oil Spill: A Look Back [PHOTOS]
On April 20, 2010, the BP Deepwater Horizon oil rig suffered a massive explosion off the Louisiana coast, killing 11 workers and releasing millions of gallons of oil into the Gulf of Mexico. Take a look back at the photos that captured the damage the oil spill caused to the Gulf's wildlife and industries....
Background on BP
BP p.l.c. (, ) is a British multinational oil and gas company headquartered in London, United Kingdom.
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