Posted by Reuters: Business News on September 9, 2010
LONDON/WASHINGTON (Reuters) – BP Plc and its Gulf of Mexico oil well partners traded blame on Wednesday after an internal BP investigation tried to downplay the company’s role in the world’s biggest offshore spill.



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Posted by Reuters: Business News on September 8, 2010
LONDON/WASHINGTON (Reuters) – A BP Plc investigation of the Gulf of Mexico disaster played down its own role in the world’s worst offshore oil spill and pointed the finger at what it said were failures by contractors.



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Posted by Reuters: Business News on
LONDON/WASHINGTON (Reuters) – A BP Plc investigation of the Gulf of Mexico disaster played down the company’s role in the world’s worst offshore oil spill, seeking to share the blame with its contractors.



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Posted by Reuters: Business News on September 6, 2010
HOUSTON (Reuters) – BP Plc , the largest oil producer in U.S.-regulated areas of the Gulf of Mexico, and Shell Oil Co said Monday that Tropical Storm Hermine was not affecting their offshore operations.



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Posted by Reuters: Business News on September 3, 2010
LONDON (Reuters) – BP Plc said on Friday the cost of dealing with its oil spill in the Gulf of Mexico had risen to $8 billion and that it was two weeks away from sealing the well for good.



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Posted by Reuters: Business News on August 2, 2010
WASHINGTON (Reuters) – U.S. securities regulators are investigating whether people may have illegally profited from trading on nonpublic information at BP Plc in the weeks and months following the disastrous Gulf of Mexico oil spill, two sources familiar with the investigation said on Monday.



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Posted by Reuters: Business News on July 28, 2010
LONDON/HOUSTON (Reuters) – BP Plc may permanently shut the well that caused the worst off-shore oil spill in U.S. history as early as Monday, the company said on Wednesday as speculation grew over the assets it might sell to cover mounting costs.



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Posted by Reuters: Business News on July 27, 2010
LONDON (Reuters) – Oil giant BP Plc launched a plan to repair its battered image in the United States on Tuesday, ditching its gaffe-prone chief executive and promising to slim down by trebling an asset sale target to $30 billion.



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Posted by Reuters: Business News on
LONDON (Reuters) – Oil giant BP Plc launched a plan to repair its battered image in the United States on Tuesday, ditching its gaffe-prone chief executive and promising to slim down by trebling an asset sale target to $30 billion.



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Posted by Reuters: Business News on
LONDON (Reuters) – BP Plc named American Bob Dudley as its next CEO on Tuesday, saying Tony Hayward would stand down after his gaffe-prone handling of the worst oil spill in U.S. history that triggered a $17 billion quarterly loss.



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