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Latest Bp Plc Items
BP PLC finished pumping fresh cement into its blown-out oil well Thursday as it aimed to seal for good the ruptured pipe that for months spewed crude into the Gulf of Mexico in one of the world's worst spills.
Crews made key progress in plugging BP's blown-out Gulf oil well Wednesday as a report said much of the spilled crude is gone, twin victories that heartened leaders who have taken political heat but left some experts and Gulf Coast residents skeptical.
As BP inched closer to sealing permanently the blown-out well in the Gulf of Mexico, congressional investigators railed at the company and the U.S. Coast Guard for part of the cleanup effort, saying too much toxic chemical dispersant was used.
President Obama's top counterterrorism aide denounced Scotland's decision last year to release the Lockerbie bomber as a "travesty" and categorically denied a widespread report that the United States secretly endorsed the decision to free the Libyan terrorist, who was sentenced to life in prison.
Battered BP began reinventing itself in the shadow of the Gulf of Mexico oil spill Tuesday, naming its first American CEO as it reported a record $17 billion quarterly loss.
Tony Hayward, who became the face of BP's flailing efforts to contain the massive Gulf oil spill, will step down as chief executive in October and will be offered a job with the company's joint venture in Russia, a person familiar with the matter said Monday.
Gaffe-prone BP Chief Executive Tony Hayward, under fire for his handling of the Gulf oil spill, is being replaced, a senior U.S. government official said Sunday.
One of the biggest of the big oil companies may be responsible for the worst environmental disaster in U.S. history, but Washington's response to the BP PLC spill would give an advantage to such major oil companies while threatening to put their small competitors out of business.
British Prime Minister David Cameron on Tuesday came to the defense of embattled energy giant BP PLC, warning Americans not to let justifiable anger over the Gulf oil spill and questions about BP's suspected role in the release of a Libyan terrorist convicted in the Lockerbie airplane bombing undermine the viability of the company.