The BP spill in the Gulf of Mexico caused a public outcry and savaged BP's share price. Image repair won't be easy.
To environmentalists, the lifting of the deep-water drilling moratorium Tuesday comes too soon. To the industry, it is seen as the beginning of a new era of uncertainty.
A presidential commission assessing the US response to the Gulf oil spill identifies flaws in the White House reaction. It finds that the government acted at times either incompetently or without candor.
Halfway through a 10-day voyage, a government-sponsored expedition isn't finding any traces from the Gulf oil spill, directly contradicting findings by several independent research teams.
Robert Dudley BP CEO begins his new job on Friday. Thursday, Dudley was discussing what BP has and will become under his watch.
The first peer-reviewed scientific study of the volume of the Gulf oil spill concludes that 4.4 million barrels spewed into the Gulf – very close to the government's estimate.
A federal moratorium on deepwater drilling imposed after the Gulf oil spill is expiring this fall, but economists warn that oil companies may not be prepared to restore the thousands of jobs that were lost.
Killing the well at this point was the easy part of the oil spill cleanup for the beleaguered corporate giant, whose image will be stained, and bottom line impacted, for years to come.
The BP oil well has been officially pronounced dead. But this is by no means the end -- either of this case or of the work needed to prepare for any future spill.
With a final shot of cement, BP permanently 'killed' its deep-sea well in the Gulf of Mexico that ruptured in April and unleashed the worst oil spill in US history.