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| Company News | Related Market News |
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Wed 08 Sep 2010
BP said responsibility for the explosion an oil well that led to the deaths of 11 people and a massive oil spill in the Gulf of Mexico is shared by several companies, provoking an angry response from one of the firms it blames.
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Wed 08 Sep 2010
BP is expected to accept some of the blame for the Gulf of Mexico oil spill but say that it was not guilty of any gross negligence that could lead to a criminal enquiry in a report on the disaster due later today.
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Tue 07 Sep 2010
Investors will be distracted from digesting a busy schedule of results on Wednesday by the midday release of oil giant BP’s internal investigation into the causes of the Deepwater Horizon accident.
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Mon 06 Sep 2010
BP has increased the amount it is looking to rake in from asset sales to $40bn, or £26bn, as rumours do the rounds it will offload its stake in the Prudhoe Bay field.
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Sun 05 Sep 2010
BP has recovered the blow-out preventer from the floor of the Gulf of Mexico as its internal investigation into the causes of the Macondo well disaster nears a conclusion.
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Fri 03 Sep 2010
BP’s bill for cleaning up after the oil spill in the Gulf of Mexico has hit $8bn (£5.2bn), up over £1bn in less than a month, and the relief well is not expected to intercept the broken MC252 well for a couple of weeks.
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Wed 01 Sep 2010
Troubled oil giant BP has raised more than $400m (£260m) through the sale of two of its interests in Malaysia to help meet its bill for the Gulf of Mexico disaster.
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Tue 17 Aug 2010
BP has raised $5bn (£3.2bn) through a syndicated bank loan to ensure it can cover the ongoing costs of the Gulf of Mexico oil spill.
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Fri 13 Aug 2010
BP will pay a record $50.6m fine for safety violations at its Texas City refinery, the troubled plant where 15 men were killed after a 2005 explosion.
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Thu 12 Aug 2010
BP has delayed plans to start drilling off the coast of Libya as it struggles to appease Americans still suspicious about the oil company’s role in last year’s release of Lockerbie bomber Abdul Baset Ali al-Megrahi.
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