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BP Wants Settlement ‘Special Master’ Investigated
BP (NYSE:BP) is working to convince a federal court in New Orleans to force Judge Carl Barbier to tighten the standards by which court-appointed administrator Patrick Juneau evaluated compensation...
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Is David Einhorn’s Thesis on BP Playing Out?
BP (NYSE:BP) reported a significant slide in fourth-quarter profits. Europe’s second largest oil company struggled with weaker refining margins and write-offs as it brought new projects online and...
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BP’s Legal Dance Continues into 2014
BP’s (NYSE:B) legal battles march on. A federal appellate court in New Orleans has cleared away a legal hurdle for the thousands of workers and Gulf Coast residents to receive compensation for...
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BP Separates Continental U.S. Business to Focus on Recovery
The mark the 2010 Deepwater Horizon disaster left on BP’s (NYSE:BP) financial health and public image has been an indelible one in the intervening years. The Gulf of Mexico disaster was the worst...
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Can BP Ever Fully Recover From the Deepwater Horizon Disaster?
Source: Getty Images The 2010 Deepwater Horizon disaster brought BP (NYSE:BP) to its knees. The spill, triggered by an explosion at a deep water rig in the Gulf of Mexico that killed eleven people,...
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BP Is Back in the Gulf of Mexico Drilling Game With Auction Success
Source: Thinkstock Analysts deem the Environment Protection Agency settlement an important milestone in BP’s (NYSE:BP) nearly four-year long mission to recover from the 2010 Deepwater Horizon oil...
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BP’s Refinery Is Behind the Oil Sludge on Lake Michigan
Source: Thinkstock BP plc (NYSE:BP) has confirmed that a malfunction at an oil refinery in Whiting, Michigan forced an as-yet-unknown amount of crude oil into Lake Michigan, according to the Chicago...
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Surprise, Surprise: BP Doubles Initial Estimate of Lake Michigan Oil Spill
Source: http://www.flickr.com/photos/picken/ The BP (NYSE:BP) oil spill on Lake Michigan that occurred Monday reportedly forced about 39 barrels, or 1,638 gallons of crude oil, into the lake, stemming...
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BP Wins Latest Round of Spill Bill Battle
The U.S. Circuit Court of Appeals in New Orleans has given BP (NYSE:BP) new hope that the manner in which restitution payments for the Gulf of Mexico oil spill are awarded can be changed. According to...
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Yet More BP Oil Found at Bottom of Gulf
Spencer Platt/Getty Images Scientists already have reported finding what they called a 1,235-square-mile “bathtub ring” of oil on the floor of the Gulf of Mexico left over from the huge 2010 BP oil...
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