BP Deepwater Horizon oil spill
The Deepwater Horizon oil spill in the Gulf of Mexico was the largest accidental marine oil spill in the history of the petroleum industry. Triggered by the explosion of BP's Deepwater Horizon oil rig on April 20 2010, which killed 11 men, the spill flowed for three months with an estimated 53,000 barrels per day escaping from the well. On July 15, 2010, the leak was finally stopped by capping the gushing wellhead, but only after it had released approximately 4.9 million barrels (780,000 m3) of crude oil in to the Gulf of Mexico. The environmental impact of this was enormous. The U.S. Government named BP as the responsible party and officials committed to holding the company accountable for all cleanup costs and other damage. After its own internal probe, BP admitted that it made mistakes which led to the oil spill.
Selected bpoilspill news
BP profits fall due to costs of Gulf of Mexico spill
BP reported falls in profit as production fell after it was forced to sell fields to pay for the Gulf of Mexico disaster.
Gulf of Mexico oil spill trial delayed for settlement talks
A trial over who should pay for the 2010 Gulf of Mexico oil spill has been pushed back to March 5.
BP sues Halliburton over Gulf of Mexico oil spill
BP is suing Halliburton to recover all costs and expenses for the clean-up of the 2010 Gulf of Mexico oil spill.
BP accuses Halliburton over Gulf of Mexico oil spill
BP has accused oilfield services company Halliburton of destroying key evidence over last year's Gulf of Mexico oil spill.
BP and Anadarko agree on $4bn oil spill settlement
BP and Macondo well partner Anadarko have agreed on a $4bn settlement on cleanup costs of the Gulf of Mexico oil spill.
BP unveils disaster contingency plans
BP has outlined contingency plans for worst-case scenarios as it prepares to start drilling off the coast of Shetland.
BP oil spill report may force $30bn pay-out
A government report into the Gulf of Mexico oil spill may lead to BP shelling out $30bn in legal settlements.
BP oil spill report to be released soon - source
A US federal report into last year's BP oil spill on the Deepwater Horizon rig could be released this week, a source has said.
BP reports another pipeline leak at Alaskan oilfields
BP has had a pipeline leak at its Alaskan oilfields, the latest blow to its reputation after the Gulf of Mexico oil spill.
BP promises improved drilling practices
BP says it will improve drilling practices as it rebuilds investor and public confidence after the Gulf of Mexico oil spill.
BP settles with Deepwater Horizon rig contractor
BP has reached an out-of-court settlement with one of the companies it contracted for work on the Deepwater Horizon rig.
BP shares cost of oil spill in $1bn Mitsui deal
BP has won a battle with partner Mitsui to share the cost of the Gulf of Mexico oil spill.
BP faces calls from its biggest shareholders to sell more assets
BP’s biggest shareholders are calling for the oil giant to sell up to half of its assets as part of a radical restructuring.
Protestors thrown out of BP annual general meeting in London
Protestors were ejected from BP’s annual general meeting in London today after attempting to storm the stage.
BP faces protests from different groups while it holds AGM in London
BP faces protests from activists, workers, indigenous communities, and Gulf of Mexico residents when it holds its AGM.
BP reveals plans to sell several UK assets
Oil giant BP has revealed plans to sell several assets in the UK, including the biggest onshore oil field in Western Europe.
BP fund tsar ordered to play fair with compensation claims
The embattled administrator of the $20bn (£12.3bn) compensation fund for Gulf oil spill victims is not independent from BP and must stop telling potential claimants that he is, a US judge has ruled.
BP reports £3 billion loss after oil spill
BP suffered its first annual loss in nearly two decades after revealing that the Gulf of Mexico oil spill will cost it more than $40 billion (£25.2 billion).
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