Offstream
news

2019-07-4 Lightsource BP, a solar energy developer headquartered in London, has announced that it will acquire utility-scale solar projects in Brazil, 1.9 gigawatts of projects, for an undisclosed sum. This is a major expansion for Lightsource, which is 43% owned by the energy giant BP. BP

2015-01-16 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. BP, Deepwater Horizon oil spill

2013-09-21 Exxon Mobil, BP and BG decline to take part in the upcoming international bidding for rights to explore Brazil's deep-water Libra oil field, one of the largest pre-salt fields yet to be explored in that country. BP

2012-11-28 The United States Environmental Protection Agency announces that BP has been suspended from bidding on future US government contracts as a result of the 2010 "Deepwater Horizon" oil spill. BP

2010-07-27 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. BP, Deepwater Horizon oil spill

2010-06-10 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. BP

2010-06-6 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. BP, Deepwater Horizon oil spill

2010-05-29 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. BP, Deepwater Horizon oil spill

2010-05-27 The Gulf of Mexico oil spill is now the worst oil spill in U.S. history, surpassing the worst previous spill, the Exxon Valdez wreck on the Alaska coast in 1989, according to scientists' latest estimates. Deepwater Horizon oil spill

2010-04-29 As economic losses begin to mount, shrimp fishermen in Louisiana and Alabama file class action lawsuits against the oil company BP and owners of the drilling rig BP