BpOilDisaster

    By Hugh Collins

    | 6:52AM 11/09/2010
    Tony Hayward, former CEO of BP (BP) said the company was unprepared for the Gulf oil spill and the media attention that went with it. In an interview with BBC News to be broadcast today, Hayward said BP's emergency planning was lacking, and the company was "making it up day to day". "What was...

    By Hugh Collins

    | 8:14AM 8/26/2010
    BP (BP) decided not to bid for a license to drill for gas off the coast of Greenland, a move that government officials say could have been influenced by the company's safety record in the wake of the disaster in the Gulf of Mexico. Premier Kuupik Kleist said Wednesday that safety records are key...

    By Hugh Collins

    | 6:50AM 8/03/2010
    At a total of nearly 5 million barrels, the spill from BP ruptured Macondo well easily outstrips the previous record of 3.3 million barrels released into the Bay of Campeche by Mexico's Ixtoc I rig in 1979.

    By Jonathan Berr

    | 2:11PM 7/26/2010
    Embattled BP CEO Tony Hayward, whose penchant for verbal gaffes deepened the psychological wounds caused by the worst oil spill in U.S. history, will step down from the top job effective Oct. 1 to take over as head of BP's joint venture in Russia, TNK-BP.

    By Hugh Collins

    | 8:01AM 7/13/2010
    Florida banks are asking federal regulators for a break from government-ordered capital raising as they struggle with the impact of the real estate bust and the BP oil spill. Florida's top banking lobbyist sent a letter to the Federal Deposit Insurance Corp. Chairman Shelia Bair and Federal...

    By Abigail Field

    | 9:20AM 6/17/2010
    BP can compensate the family of a rig worker killed in the Deepwater Horizon explosion a mere $1,000, thanks to the outdated Death on the High Seas Act. Congress has vowed to change the law, but the cruise line industry won't make it easy.

    By Sarah Gilbert

    | 2:30PM 6/08/2010
    The Twitter account known as @BPGlobalPR has more than 135,000 followers and has raised thousands of dollars for cleanup efforts in the Gulf of Mexico. But more importantly for founder "Leroy Stick," it's a place for people to creatively express their anger.