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U.S. federal magistrate Carl Barbier's ruling caps BP's fine under the Clean Water Act for its 2010 "Deepwater Horizon" oil spill in the Gulf of Mexico at $13.7 billion.
2015-01-16

BP is to sell assets worth an estimated $1.8 billion as part of series of sales to help pay for damages caused by the explosion on its Deepwater Horizon rig in April, which killed 11 workers and spilled more than 200 million gallons of crude oil into the Gulf of Mexico.
2010-10-18

Admiral Thad Allen of the United States Coast Guard, the man responsible for leading the cleanup of the Deepwater Horizon oil spill, declares that BP's Macondo well is sealed.
2010-09-20

BP announces that Tony Hayward is to step down as CEO following the Deepwater Horizon oil spill and will be replaced by Bob Dudley on October 1st.
2010-07-27

BP reports that no oil is leaking into the Gulf of Mexico from the Deepwater Horizon oil spill for the first time since it began in April.
2010-07-15

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

BP Chief Executive Tony Hayward testifies before the U.S. Congress, apologizing for the spill but avoiding answering most questions and stating that he was unaware of the risks at the Deepwater Horizon rig that exploded in April causing the oil spill. [http:--www.theaustralian.com.au-news-breaking-news-bp-ceo-grilled-by-us-congress-story-fn3dxity-1225881174531 ("The Australian")] [http:--www.cbsnews.com-8301-503544_162-20008103-503544.html (CBS)] [http:--www.miamiherald.com-2010-06-17-1686441-an-angry-congress-lambasts-bp.html (Miami Herald)]date=August 2019
2010-06-17

United States Coast Guard Admiral Thad Allen, the US government's response manager to the Gulf of Mexico oil disaster says that BP is making progress stopping the oil flow, but that it is too early to call the effort a success and the spill may continue for several months.
2010-06-6

BP turns to a new strategy to stop the Gulf of Mexico oil spill, but it will take at least four to seven days before the containment device that could capture the leaking oil can be put into place.
2010-05-30

BP's effort fails to plug the Gulf of Mexico oil spill, which is the worst in U.S. history, and is fouling marshland and beaches, as estimates of how much oil is leaking grow more dire.
2010-05-29