Deepwater

Gulf Oil Spill Victims May Also Sue BP Partners

BP Profits Set to Surge Despite the Oil Spill

The costs associated with the Deepwater Horizon oil spill are rising and CEO Tony Hayward may soon be out of a job, but BP's second-quarter profits will likely be strong, thanks in large part to higher crude prices.

BP Is Trying to Raise $50 Billion to Cover Oil Spill Cleanup Costs

BP is trying to raise $50 billion to cover the expense of the Deepwater Horizon spill. Costs to clean up the oil so far have hit $1.4 billion and that the total is expected to be $3 billion to $6 billion -- which will further weigh down BP's stock price.