BP (BP) shares fell the most in four months in London after the Obama administration sued the oil giant, saying it violated environmental laws during the Gulf oil disaster.
BP shares retreated by as much as 3.2%, the most since August, Bloomberg News…
BP is apparently considering the $1 billion sale of some of its assets in the North Sea as it tries to cover cleanup costs from the Gulf of Mexico oil spill. The company’s Macondo well in the Gulf of Mexico exploded in April, l…
The Obama administration will temporarily ban the sale of new offshore oil drilling leases in the eastern Gulf of Mexico and off the Atlantic coast, Interior Department Secretary Ken Salazar said Wednesday, a policy change made…
The Obama administration will temporarily ban the sale of new offshore oil drilling leases in the eastern Gulf of Mexico and off the Atlantic coast, Interior Department Secretary Ken Salazar said Wednesday, a policy change made…
BP (BP) commissioned a feature-length film about the Gulf of Mexico oil disaster. The movie, produced by World Television, will act as a historical “archive,” BP spokesman Robert Wine told The New York Times.
“They are making a film of the spill prim…