Nov 16, 2012
After agreeing to pay the U.S. government $4.5 billion to settle criminal charges stemming from the Gulf oil spill, BP could face even higher civil penalties. Is such grave punishment in the government's best interest?
Nov 15, 2012
BP to pay $4.5 billion to settle criminal charges related to Deepwater Horizon. But what does it mean when a company is a felon?
Nov 15, 2012
British oil giant BP could face a record fine for the Deepwater Horizon oil spill in the Gulf of Mexico in 2010.
Oct 22, 2012
The British Oil company BP is selling off its stake in a joint venture to the state-run Russian oil company Rosneft.
Oct 19, 2012
The state-controlled Russian oil firm Rosneft is reported ready to enter a multi-billion dollar joint venture with the British oil giant BP to create the world’s biggest listed oil company.
Jul 31, 2012
The British oil company BP is reporting a sharp drop in profits. The company made just $238 million last quarter, compared with more than $5 billion a year ago.
Apr 24, 2012
A former BP engineer has been arrested and charged with intentionally destroying evidence related to how much oil was spilling from the company's broken well in the Gulf of Mexico in 2010.
Apr 16, 2012
A new book explores how BP's management led to Deepwater Horizon disaster in the Gulf of Mexico, and whether it could happen again.
Mar 5, 2012
The big oil company BP has settled with thousands of Gulf Coast residents and businesses for their economic losses and medical claims from its massive 2010 oil spill -- to the tune of $7.8 billion.