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BP doubles down on deepwater drilling
This summer BP outlined a plan to shed $30 billion worth of assets to free up some cash to pay for the Macondo well disaster. It still needs to ink so...
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Obama lifts drilling moratorium; new deepwater wells to flow
The deepwater drilling moratorium is over. Secretary of the Interior Kenneth Salazar announced today that the ban on leases for new drilling operation...
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BP's "Mission accomplished" moment
From the surface of the Gulf of Mexico, the end almost seems to be in sight.We flew out to the scene of the Deepwater Horizon explosion on Saturday mo...
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BP's murky deep-water future
Not only did the virtually impossible happen -- a blowout on the Gulf of Mexico seabed a mile down -- it happened to a top-notch oil team. BP's debacl...
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BP walks back its role in the gulf oil spill
As the last tar balls settle on the bottom of the Gulf, it looks like BP may have some extra cash on hand.The company might not have to pay all of the...
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Oil industry frenemies band together to clean up the Horizon disaster
BP unleashed a financial and environmental disaster when Deepwater Horizon, the offshore drilling rig it leased from Swiss company Transocean, caught ...
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Why going unconventional is BP's safest bet
BP needs low-hanging fossil fuel fruit. After the Deepwater Horizon disaster in the Gulf, the company has tarnished its offshore exploration reputatio...
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BP after the spill: Bankrupt, bought, or business as usual?
Despite some progress over the weekend to slow the flow of oil gushing into the Gulf of Mexico, BP is still struggling to find a meaningful bright spo...
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BP slashes dividend
(FORTUNE) -- BP ended weeks of speculation Wednesday by canceling its quarterly dividend for the rest of this year.Chairman Carl-Henric Svanberg said ...
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Why is there no safety.gov - especially for oil?
Even as BP races to somehow cap the spill from the wreck of the Deepwater Horizon in the Gulf of Mexico, it and the other major oil companies already ...
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