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Multinational energy company BP announces in a conference call that it is cutting 15% of its workforce, which is roughly 10,000 jobs.
2020-06-8

BP and plaintiffs reach an agreement over compensation for the Deepwater Horizon oil spill in the Gulf of Mexico.
2012-03-2

Transocean, the company that leased the Deepwater Horizon oil rig, accuses BP of covering up data about the explosion and subsequent oil spill.
2010-09-16

Energy company BP announces it is to sell billions worth of assets in Canada, Egypt, Pakistan, United States and Vietnam to part-fund the clean-up cost of the Deepwater Horizon oil spill in the Gulf of Mexico.
2010-07-21

BP is set to remove the containment cap over the destroyed Deepwater Horizon oil well in the Gulf of Mexico, and replace it with a bigger cap. Oil and gas will spew unrestricted from the well for an estimated four to seven days until the new cap is in place.
2010-07-10

The United States Government gives BP a 24-hour deadline to answer questions about the Deepwater Horizon oil spill, as well as providing detailed information and plans on stopping the leak.
2010-07-9

BP could be forced to file for bankruptcy protection in preparation for civil and criminal fines exceeding $US 40 billion.
2010-06-17

The Obama administration announces that BP will speed up claims payments stemming from the massive Gulf oil spill, to fishermen, property owners and businesspeople who have filed damage claims and are complaining of delays, excessive paperwork and inadequate compensation.
2010-06-10

A new government calculation suggests that an amount of oil equivalent to approximately 25,000 to 30,000 barrels of oil could have been flowing into the Gulf of Mexico before BP capped some of the flow on June 3, an amount that is far above the previous estimate of 12,000 to 19,000 barrels a day.
2010-06-10

Scientists are finding enormous oil plumes in the deep waters of the Gulf of Mexico, including one as large as 10 miles long, 3 miles wide and 300 feet thick in spots as fresh evidence that the leak from the broken undersea well could be substantially worse than estimates that the United States government and BP have given.
2010-05-16