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BP has plenty of money to pay spill damages

The  cost of cleaning the Gulf oil spill and compensating its victims won’t be known for years.

 

Lawmakers: To save time, BP took 'shortcuts'

Lawmakers: To save time, BP took 'shortcuts'

Two House Democrats leading probe lay out five decisions firm took "to speed finishing the well," which was running "significantly behind" plans.

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Pressed by Obama, BP Weighs Options on Dividend

As President Obama headed to the Gulf Coast on Monday, BP is searching for a way to satisfy both the United States government and its shareholders.

 

Fill her up with spill oil? BP to sell leaked crude

Fill her up with spill oil? BP to sell leaked crude

Oil from the worst spill in U.S. history could soon end up at gas stations, construction sites and even grocery stores .

 

Global protests planned against BP

Environmentalists plan to stage a worldwide protest against BP on Saturday as the petroleum giant takes hits from politicians and Gulf residents.

 

Gulf oil spill figures may be double earlier estimates

Gulf oil spill figures may be double earlier estimates

Government scientists say as many as 40,000 barrels of oil per day have been gushing into the gulf. BP has said the blown-out well will not be plugged before August.

Government scientists said Thursday that as many as 40,000 barrels of oil have been flowing daily from the blown-out BP well, doubling earlier estimates and greatly expanding the scope of what is already the largest spill in U.S.

 

As spill costs mount, BP shares tumble anew

BP shares sunk Thursday in London as U.S. politicians pressed the British oil company to halt its dividend payments and fork out greater compensation for American workers.

 

Less Than 1% of Oil-Soaked Birds Survive

Less Than 1% of Oil-Soaked Birds Survive

"According to serious studies, the middle-term survival rate of oil-soaked birds is under 1 percent," says Silvia Gaus, a biologist at the Wattenmeer National Park along the North Sea in the German state of Schleswig-Holstein.

 

Coast Guard says more oil being captured in Gulf

Coast Guard says more oil being captured in Gulf

The cap on the damaged BP oil well at the bottom of the Gulf of Mexico is now keeping up to 462,000 gallons of oil a day from leaking into the ...

 

BP: cleanup costs for oil spill will be 'severe'

BP PLC Chief Executive Tony Hayward sought Friday to reassure investors about the fallout of the oil spill, saying the company has "considerable firepower" to cope with costs.

 

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