BP sees oil spill claims below $20 billion: analysts

BP believes compensation claims related to its Gulf of Mexico oil spill will be less than the $20 billion the oil giant has put into an independent claims fund...

BP points fingers in oil spill blame game

BP Plc and its Gulf of Mexico oil well partners traded blame on Wednesday after an internal BP investigation tried to downplay the company's role...

To Russia With Flub: Hayward's BP Blunders

BP CEO Tony Hayward, misstep by staggering misstep, summoned his own pink slip.

BP replaces CEO Hayward, makes record loss

BP CEO Hayward to be replaced in October by Robert Dudley as company makes record loss...

BP Managed to Blunt U.S. Demands

BP, despite being put under pressure by the U.S. to pay for the aftermath of the oil spill—the costs of which have reached $2 billion—has achieved victories that have softened the blow.

BP, Oil Industry Take Fire at Hearing

Top executives from Exxon Mobil Corp., Chevron Corp. and Royal Dutch Shell PLC sought to distance themselves from...

Bloomberg Urges Critics to Go Easier on BP

New York Mayor Michael Bloomberg became a lonely defender of BP PLC on Friday, declaring the world should not rush to point fingers at the British oil giant for the Gulf of Mexico oil spill.

Obama remarks fuel sell-off of BP, drillers

Investors pummeled shares of oil drillers and yesterday, after President Obama talked tough about dealing with the worst oil spill in the nation's history.