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UK based oil giant BP agrees to pay Reliance Industries $7.2 billion for a stake in 23 oil and gas blocks in deep water off India. The two companies will also enter into a joint venture for marketing and sourcing natural gas.
2011-02-21

A court in London bars the oil company BP from entering into a planned joint venture and share swap with Rosneft, a state-controlled Russian company.
2011-02-1

The Obama administration launches legal action against BP and its partners to recover the cost of cleaning up the Deepwater Horizon oil spill.
2010-12-15

The British oil firm sells its interests in four Gulf of Mexico oil wells to Japanese firm Marubeni, in a wider cash-raising effort that aims to raise 30 billion dollars for compensations related to the oil spill.
2010-10-25

BP warns the United States Congress that it might not be able to pay compensation for the Deepwater Horizon oil spill if it is barred from getting new offshore drilling permits.
2010-09-2

BP is accused by Transocean of trying to keep secret data required to investigate the "Deepwater Horizon" oil spill. [https:--www.bbc.co.uk-news-business-11033247 (BBC)] [http:--www.france24.com-en-20100819-partner-says-bp-hiding-oil-spill-documents (AFP via France24)]date=August 2019
2010-08-19

Animal welfare groups sue BP for burning endangered sea turtles and ask the court to stop the controlled burning of spilled oil in the Gulf of Mexico, claiming BP is violating the Endangered Species Act and other laws.
2010-07-1

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

America's Obama administration warns that BP's oil spill in the Gulf of Mexico could continue until August.
2010-06-1

BP sprays more chemicals into the main massive undersea oil leak in the Gulf of Mexico using a deep-sea robot in an attempt to thin the oil which is rushing up from the seabed at the rate of about 210,000 gallons (795,000 liters) per day.
2010-05-10